Worthington Turns to Eagle Ford Shale, LNG Market after Sales Growth in Fiscal First-Quarter 2015
Worthington Turns to Eagle Ford Shale, LNG Market after Sales Growth in Fiscal First-Quarter 2015
SUGAR LAND--September 26, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Diversified metals manufacturer Worthington Industries Incorporated (NYSE:WOR) (Columbus, Ohio) reported mixed results for the first quarter of the company's 2015 fiscal year, as $2.1 million in pre-tax impairment charges, largely related to the company's stainless steel business, offset a solid improvement in sales that was attributed to a recovering U.S. automotive market and the booming domestic oil & gas industry.
Within this article: Details on Worthington's quarter and projects tracked by Industrial Info, including key projects in Ohio and Michigan.
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