8.8 C
New York
Thursday, March 28, 2024

Worthington Industries Acquires NetBraze; Terms Not Disclosed

Courtesy of Benzinga.

Related WOR
Earnings Scheduled For December 16, 2015
Worthington Acquires Trilogy's CNG Fuel System Technology

Worthington Industries, Inc. (NYSE: WOR) announced today that it has acquired the business of NetBraze, LLC, a manufacturer of brazing alloys, silver brazing filler metals, solders and fluxes primarily used in plumbing, HVAC-R, industrial gas and OEM markets.

“This acquisition expands our offering of alloys in the professional wholesale channel with innovative products that utilize patented technologies,” said Worthington Industries’ Pressure Cylinders President Andy Billman. “The products that NetBraze has developed save an operator time, resources and cost when brazing. We look forward to offering these new products in addition to our full complement of joining technologies products to our customers.”

Worthington manufactures and distributes a full line of joining alloys including lead-free solders, brazing rods, fluxes, hand torches and hand torch fuel under the Worthington Joining Technologies and Bernzomatic® brands. NetBraze products include standard BCuP brazing alloys, BAg silver solders and fluxes, and innovative technologies including QuickCoil®, which offers up to 22-feet of non-stop brazing, eliminating leftover scrapped stubs produced by traditional brazing rods, and products with lower braze temperatures that make the brazing process more efficient. NetBraze is located in Mt. Orab, Ohio and has 23 employees.

Posted-In: News M&A Press Releases

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,452FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x