Worthington Sees Solid Growth from Cylinder Business in Fiscal Second-Quarter 2013, Despite Weak Steel Prices
Posted on January 04, 2013 at 03:32 AM EST
SUGAR LAND--January 4, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Diversified metals manufacturer Worthington Industries Incorporated (NYSE:WOR) (Columbus, Ohio) reported solid overall gains in the second quarter of the company's 2013 fiscal year as volumes improved, particularly in the Pressure Cylinders segment, despite declines in the market price of steel. In addition, Worthington significantly benefited from several recent acquisitions. Industrial Info is keeping tabs on 22 operational plants owned by Worthington.