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Worthington Reports 3Q Loss, Closes Engineered Cabs Facility

2015-04-02 08:32:41| Steel - Topix.net

Worthington Industries, Inc., Columbus, Ohio, reported a net loss of $25.7 million on sales of $804.8 million for its fiscal third quarter. The company attributed much of the loss to charges related to the reorganization of its Engineered Cabs business and workforce reductions in its Oil & Gas Equipment business, which reduced earnings by $52.9 million.

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