Worthington to Acquire Taylor Wharton CryoScience Business
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Worthington Industries (WOR) Enters Agreement to Acquire Taylor Wharton's CryoScience Unit
November 23, 2015 4:15 PM ESTWorthington Industries (NYSE: WOR) announced that its Cryogenics business in the Pressure Cylinders segment is purchasing the assets of the global CryoScience business of Taylor Wharton, including a manufacturing facility in Theodore, Ala. Worthington will also acquire certain other intellectual property and manufacturing assets of Taylor Wharton focused on the cryogenic industrial and LNG markets. The asset purchase is being made pursuant to the Chapter 11 bankruptcy... More
