Nov 1, 2021ACQUISITIONChicago, United States Worthington Industries to acquire Tempel Steel for $255M
Worthington Industries' Steel Processing segment signed an agreement to acquire Tempel Steel Company, a manufacturer of precision motor and transformer laminations, for approximately $255 million.
Productsprecision motor laminationstransformer laminationselectrical steel laminations
“Acquiring Tempel will immediately make us a market leader in the rapidly growing electrical steel market”ir.worthingtonenterprises.com
- 5 sources
- ir.worthingtonenterprises.comWorthington Enterprises, Inc. - Worthington Industries To Purchase Electrical Steel Company Tempel SteelNov 1, 2021
- globenewswire.comWorthington Industries To Purchase Electrical Steel CompanyWorthington Enterprises, Inc.Nov 1, 2021
- globenewswire.comWorthington Industries To Purchase Electrical Steel CompanyWorthington Industries, Inc.Nov 1, 2021
- chicagobusiness.comChicago manufacturer Tempel Steel being bought by Worthington Industries - Crain's Chicago BusinessKatherine DavisNov 1, 2021
Summarized from public sources; check the original articles before acting on it.
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