Worthington selling cylinder plant assets

Nov 13, 2013 | 01:12 PM | Corinna Petry

Tags  Worthington Cylinders, plant closure, Tilbury, Ontario, assets sold, layoffs, steel, aluminum liquid cryogenic tanks

CHICAGO — Worthington Industries Inc.’s pressure cylinders division has agreed to sell operating assets related to its high-pressure industrial gas and acetylene cylinders business in North America.

Most of these assets are located at a Tilbury, Ontario, plant that will close Jan. 8, resulting in the layoff of 97 employees, a Worthington spokeswoman told AMM. The Columbus, Ohio-based company acquired the facility in 1996.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results