Worthington sees blanks business growing

Sep 26, 2013 | 06:57 PM | Corinna Petry

Tags  Worthington Industries, quarterly earnings, TWB, automotive blanks, steel processing, cylinders, Mark Russell, John McConnell Corinna Petry

CHICAGO — Worthington Industries Inc. is looking to continue growing its tailor-welded blanks business, in which it now owns a 55-percent stake.

ThyssenKrupp AG sold an additional 10-percent stake in Monroe, Mich.-based TWB Co. LLC to Worthington at the end of July (amm.com, July 31), with Central China’s Wuhan Iron & Steel (Group) Corp. acquiring the remaining 45 percent in August (amm.com, Aug. 1).....





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