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Although it is too early to make a definitive statement, we think the purchase of New Albany’s Piper Metal Forming Corporation by Worthington Industries could be a good thing for our community. The deal is expected to close in about 30 days.
Worthington, a public company traded on the New York Stock Exchange under the symbol WOR, is the world’s leading supplier of pressure cylinders. It is a diversified metal processing company with annual sales of $3 billion.
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