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Article: Worthington sells interest in Acerex joint venture.(joint venture between Worthington Industries and Acerex S.A.)(Brief article)
- Article from:
- Metal Center News
- Article date:
- May 1, 2006
CopyrightCOPYRIGHT 2006 Sackett Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Worthington Industries, Columbus, Ohio, will sell its 50 percent equity interest in Acerex S.A. de C.V to its partner, Ternium S.A., for $44.6 million.
Acerex is a steel processing facility in Monterrey, Mexico, focused on short length and thin steel sheets in various widths.
The joint venture was formed in 1994 with Hylsa, S.A. de ...