Home Worthington Industries' oil and gas business misses expectations for 2Q
 

Keywords :   


Worthington Industries' oil and gas business misses expectations for 2Q

2014-12-18 21:23:23| Steel - Topix.net

An oil and gas business at Worthington Industries Inc. did not meet expectations for the last quarter, but the company sees the problems as short-term, even as the industry continues to grapple with low prices. The Columbus company said its oil and gas equipment operation needs attention after suffering a product miss and high manufacturing costs, but the issues there and at a unrelated manufacturing facility are "controllable and temporary," CFO Andy Rose told analysts on the company's second-quarter 2015 earnings call.

Tags: for business gas oil

Category:Materials

Latest from this category

All news

»
15.11 119
15.11
15.11
15.11Snowpeak SDE-001 M
15.11DVD5
15.113Dio Free Space
15.11
15.11Dr.
More »