6/11/21

Vorys Advises Worthington Industries, Inc. in Acquisition from Affiliates of MiddleGround Capital, LLC

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Attorneys & Professionals

Vorys, Sater, Seymour and Pease LLP recently advised Worthington Industries, Inc. in connection with the acquisition by its Steel Processing business segment, along with its 55% consolidated joint venture TWB Company, LLC, of certain assets of the Shiloh Industries U.S. BlankLight® business, a provider of laser welded solutions.  The transaction, which closed on June 8, 2021, expands the capacity and capabilities of TWB’s laser welded products business and adds a blanking facility to the Steel Processing business segment, with the addition of approximately 200 employees, as well as four facilities – in Bowling Green, Kentucky, Canton, Michigan; and two in Valley City, Ohio. 

About Vorys: Vorys was established in 1909 with just four attorneys and has grown to nearly 375 attorneys in eight offices in Ohio, Washington, D.C., Texas, Pennsylvania and California. Vorys currently ranks as one of the 200 largest law firms in the United States according to American Lawyer magazine.