Worthington’s cylinder unit buying Turkish tank builder
Jan 07, 2014 | 11:40 AM
| Corinna Petry
CHICAGO Worthington Industries Inc.s Pressure Cylinders business is set to acquire a 75-percent stake in Arıtaş Basınçlı Kaplar Sanayi AŞ (Aritas), an Istanbul-based company that builds liquefied natural gas (LNG) tanks, cryogenic vessels and systems.
The deal is contingent on Turkish government approval, which is expected later this month, Columbus, Ohio-based Worthington said.....
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