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EX-99.1 - EXHIBIT 99.1 - WORTHINGTON INDUSTRIES INCexh99_1.htm
 


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 
FORM 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
 
Date of Report (Date of earliest event reported):                     November 23, 2015                   

          WORTHINGTON INDUSTRIES, INC.         
(Exact name of registrant as specified in its charter)
 
 Ohio     1-8399     31-1189815
 (State or other jurisdiction
of incorporation)
    (Commission File Number)  
 (IRS Employer
Identification No.)
 
 200 Old Wilson Bridge Road, Columbus, Ohio     43085
 (Address of principal executive offices)     (Zip Code)
      
Registrant’s telephone number, including area code:                       (614) 438-3210                                                                                     
 
  Not Applicable
 (Former name or former address, if changed since last report.)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
 o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
 o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
 o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

Item 8.01.                      Other Events.
On November 23, 2015, Worthington Industries, Inc. ("Worthington") issued a news release announcing that its Cryogenics business in the Pressure Cylinders segment is purchasing the assets of the global CryoScience business of Taylor Wharton, including a manufacturing facility in Theodore, Alabama.  Worthington will also acquire certain other intellectual property and manufacturing assets of Taylor Wharton focused on the cryogenic industrial and LNG markets.  The asset purchase is being made pursuant to the Chapter 11 bankruptcy proceedings of Taylor Wharton for $33.25 million and is expected to close on or about December 7, 2015. 

Item 9.01                          Financial Statements and Exhibits.

(a) – (c)                          Not applicable.

(d)                          Exhibits:
 
 99.1                     News Release issued by Worthington Industries, Inc. on November 23, 2015.
 

SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
   WORTHINGTON INDUSTRIES, INC.
   
 Date: November 30, 2015  By: /s/ Dale T. Brinkman                                                                   
   Dale T. Brinkman, Vice President –
   Administration, General Counsel and Secretary