Worthington boosting cold-roll strip capacity
May 30, 2013 | 03:53 PM
| Corinna Petry
CHICAGO Worthington Industries Inc. plans to expand its cold-rolled strip rolling mill and strip annealing capacity by up to 40 percent over the next few years to meet increased demand from automakers and other end-users.
"Through the recession, automotive has been the one bright spot. (Automotive steel demand) bounced out of the trough quickly, and looking through 2017 we expect to see substantial growth year over year," Worthington Steel president Geoff Gilmore told AMM, noting that 58 percent of the companys business is automotive related and 65 percent of its cold-rolled strip productionfrom plants in Cleveland and Columbus, Ohioends up in automotive applications.....
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