Service Centers
Worthington Buys Heidtman’s Cleveland Facility
Written by Tim Triplett
October 8, 2019
Worthington Industries has acquired Heidtman Steel Products’ pickling and slitting facility in Cleveland. As part of the sale, the Cleveland operation under Worthington will continue to service Heidtman customers through a toll processing agreement.
“Heidtman’s Cleveland operation is a great addition to our steel business, further expanding our value-added steel processing capacity,” said Worthington Industries Chairman and CEO John McConnell. “The addition of Cleveland will strengthen our pickling capabilities and allow us to expand our presence in an attractive market.”
Heidtman’s 278,000-square-foot facility, constructed in 2004, includes pickling and slitting of hot rolled carbon flat rolled steel for the automotive, heavy truck, agriculture and heavy equipment markets and is adjacent to the ArcelorMittal steel mill. The facility is non-union and employs approximately 100 workers. It will complement Worthington’s network of facilities in northeast Ohio, including its cold rolled steel processing facility in Cleveland and Samuel Steel Pickling Co., a joint venture, in Cleveland and Twinsburg, Ohio, the company said.
“Heidtman continues to focus on providing our customers with a higher level of value-added products, processes and services. The Cleveland operation has predominantly been a toll processing facility under Heidtman, and the sale of the operation to Worthington allows Heidtman to better focus our resources on growing our business. We will continue to service our Cleveland–based sales customers through the toll processing arrangement with Worthington,” said Heidtman President and CEO Tim Berra. Heidtman declined further comment on the details of the transaction.
Worthington Industries, headquartered in Columbus, Ohio, is a global diversified metals manufacturing company with 71 facilities in seven countries and 2019 fiscal year net sales of $3.8 billion. Heidtman Steel, based in Toledo, Ohio, is a family-owned service center and processor with eight direct and joint venture facilities in Indiana, Illinois, Michigan, and Ohio and annual revenues of approximately $740 million. Worthington is ranked No. 9 and Heidtman No. 21 in the latest Service Center Top 50 from Metal Center News.
Tim Triplett
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