Worthington Sells Interest in Acerex Joint Venture

May 2006
Metal Center News;May2006, Vol. 46 Issue 6, p12
Trade Publication
The article states that Worthington Industries Inc. will sell its 50 percent equity interest in Acerex SA de CV to its partner, Ternium SA, for $44.6 million. Acerex is a steel processing facility focused on short length and thin steel sheets in various widths. The joint venture was formed in 1994 with Hylsa SA de CV, which was recently acquired by Ternium.


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