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02 Dec
17:45

Worthington serves EV market with finalised Tempel acquisition

Manufacturing company and steel processor Worthington Industries plans to service the growing electric vehicle market with its recently completed acquisition of electrical steel lamination company Tempel Steel, Kallanish reports. The $225 million purchase adds five manufacturing facilities to Worthington’s portfolio. In addition to Tempel’s headquarters and manufacturing facility in Chicago, the acquisition includes facilities in Burlington, Canada; Ch…
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