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Stock impact report

Worthington Industries Acquires Heidtman Steel Processing Facility in Cleveland

Worthington Enterprises, Inc. Common Shares (WOR) 
Last worthington enterprises, inc. common shares earnings: 3/26 06:55 am Check Earnings Report
Company Research Source: GlobeNewswire
COLUMBUS, Ohio, Oct. 07, 2019 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE: WOR) today announced it has acquired Heidtman Steel Products, Inc.’s pickling and slitting facility located in Cleveland. “Heidtman’s Cleveland operation is a great addition to our Steel business, further expanding our value-added steel processing capacity," said Worthington Industries Chairman & CEO John McConnell. “The addition of Cleveland will strengthen our pickling capabilities and allow us to expand our presence in an attractive market.” Heidtman’s 278,000 square-foot facility, constructed in 2004, includes pickling and slitting of hot rolled carbon flat rolled steel for the automotive, heavy truck, agriculture and heavy equipment markets and is adjacent to the ArcelorMittal steel mill. The facility is non-union and employs approximately 100 people. It will complement Worthington’s network of facilities in northeast Ohio, including its cold rolled steel processing facility Show less Read more
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