Worthington Industries, Inc. (WOR) said Tuesday that its Pressure Cylinders segment has acquired Palmer Mfg. & Tank, Inc. business, a manufacturer of steel and fiberglass tanks and processing equipment for the oil and gas industry, and custom manufactured fiberglass tanks for agricultural, chemical and general industrial applications.
Palmer is located in Garden City, Kansas, and employs about 200 people. The privately owned company generated sales of $70 million in its fiscal year ended June 30, 2012.
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