Natural gas future prices rose 5 percent on news from the Energy Information Administration that gas supplies fell by 285 billion cubic feet in the week ended Dec. 13. Freezing temperatures around the nation drove demand for natural gas to heat homes and businesses, creating the largest draw on gas supply in a single week, […]
Worthington Industries plans to close their Essex facility in Baltimore County, located near the former Sparrows Point steel site, by the end of its fiscal year, May 31, 2014. The closing will result in the layoff of 54 employees. The company filed the following SEC report: On December 10, 2013, the Steel Processing Segment (“Worthington […]
Worthington Industries announced that Ivan Meltzer has been named president of TWB Company, a laser welded blanking joint venture with Wuhan Iron and Steel Company. Meltzer will replace interim president and CFO Michael Lowrey, a 15 year veteran of the company, who will continue to serve as executive vice president and CFO. Meltzer is no […]