SOURCE: Industrial Info Resources

Industrial Info Resources

September 30, 2013 06:30 ET

Worthington Industries Reaps Benefits From Acquisitions, but Suffers From Weak Steel Prices in Fiscal 2013, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Sep 30, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Diversified metals manufacturer Worthington Industries Incorporated (NYSE:WOR) (Columbus, Ohio) reported mixed results for the final quarter and full 2013 fiscal year. Although acquisitions proved to be a major benefit to the company's sales, weaker selling prices and a string of impairment and restructuring charges had a significant impact on the bottom line. As part of its North American Metals & Minerals Project Database, Industrial Info is keeping tabs on 22 operational plants owned by Worthington.

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