Worthington Industries to acquire Steffes Corp.’s tank manufacturing division

April 1, 2014

Worthington Industries Inc., a diversified metals manufacturing company in Columbus, Ohio, has reached an agreement to acquire the tank manufacturing division of Steffes Corp., Dickinson, N.D. The steel tanks are used primarily for oil and saltwater storage.

The addition of the facility, which employs 35 people, will complement Worthington's existing operations in Ohio and Kansas that manufacture steel and fiberglass storage tanks, gas separators, gas production units, and related wellhead equipment for oil and gas exploration.