Worthington Industries acquires Shiloh’s U.S. BlankLight business

Worthington Industries Inc., a steel processor and producer of laser welded products in Columbus, Ohio, has announced the acquisition of certain assets of Shiloh Industries’ U.S. BlankLight business. The acquisition expands the capacity and capabilities of Worthington’s laser welded products joint venture, TWB Co. LLC, with the addition of three facilities and adds a blanking facility to its Steel Processing business.

“Shiloh’s BlankLight expertise in curvilinear and aluminum welded blanks adds to TWB’s wide range of tailor-welded products,” said Worthington Industries Executive Vice President/COO Geoff Gilmore. “It also broadens our relationships with key automotive customers and expands the geographic reach of our Steel Processing business through an additional blanking operation.”

The transaction adds about 200 employees and four facilities located in Bowling Green, Ky.; Canton, Mich.; and Valley City, Ohio. TWB will operate the laser welded blank facilities in Ohio and Michigan. The Kentucky facility will operate under Worthington’s Steel Processing business, expanding the blanking services currently provided from its Monroe, Ohio, and Porter, Ind., facilities.