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
Read more from Tim TriplettLatest in Service Centers
Ryerson swung to loss in ’24, but saw fortunes improve over the last month
Ryerson swung to a loss in the fourth quarter, but has seen a turnaround in the last 30 days.
Despite policy uncertainty, Reliance upbeat on ’25
Reliance noted that it is about 95% domestically sourced.
Russel Metals posts solid quarter, doesn’t expect direct impact from tariffs
Russel Metals said on Thursday that it doesn’t expect to be directly impacted by US tariffs on Canadian steel. The Mississauga, Ontario-based distributor made the comments in its quarterly earnings report on Thursday. The company doesn’t export significant volumes to the US, it said, and thus doesn’t expect to be directly impacted. However, “The primary […]
Friedman logs quarterly loss amid ‘challenging conditions’
Friedman swings to a loss in its fiscal third quarter of 2025.
Tampa Steel Conference: Service centers more upbeat about 2025
If 2021 and 2022 was the party, 2024 is the morning after, one panelist said.