Worthington industries acquires tempel steel company

Columbus, ohio, dec. 01, 2021 (globe newswire) -- worthington industries, inc. [nyse: wor] today announced that its steel processing segment has completed its acquisition of tempel steel company, a leading global manufacturer of precision motor and transformer laminations for the electrical steel market that includes transformers, machine motors and electric vehicle (ev) motors. the purchase price was approximately $255 million and adds five manufacturing facilities located in chicago, canada, china, india and mexico.
WOR Ratings Summary
WOR Quant Ranking