Worthington to Acquire Taylor Wharton CryoScience Business

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Go back to Worthington to Acquire Taylor Wharton CryoScience Business

Worthington Industries (WOR) Enters Agreement to Acquire Taylor Wharton's CryoScience Unit

November 23, 2015 4:15 PM EST

Worthington 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