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Back to Home » October 2012 News » Worthington Industries Divests Air Brake Tank Business in Czech Republic |
Worthington Industries Divests Air Brake Tank Business in Czech Republic |
October 31, 2012
COLUMBUS, OH--(Marketwire - Oct 31, 2012) - Worthington Industries, Inc. (NYSE: WOR) today announced that its Pressure Cylinders segment has completed the sale of its European air brake tank business to Frauenthal Automotive. Based in Hustopece, Czech Republic, Worthington Cylinders a.s. manufactures air brake tank cylinders for the European commercial vehicle market. A subsidiary of Frauenthal Holding AG, Frauenthal Automotive manufactures a variety of truck components, including steel springs and air brake tanks for the European commercial vehicle market. The facility employs approximately 200 people.
Source URL: http://www.marketwire.com/mw/release.do?id=1720028&sourceType=3
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