Cylinder business driving Worthington
Mar 22, 2013 | 12:30 PM
| Corinna Petry
CHICAGO Worthington Industries Inc.s pressure cylinder business continues to grow, with the units employed capital now outpacing that of its steel segment and more acquisitions likely on the radar, the companys top executives said.
"The continued strong growth of cylinders has driven us to a notable milestone in the history of Worthington," president and chief operating officer Mark A. Russell said during an earnings call March 21. "Since 1955, the steel company has been Worthingtons largest entity by all key measures. The growth of cylinders has been so significant that we now have more capital employed in the cylinders business than in the steel company."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.