Profits up at Worthington
Worthington Industries reported an increase in profit and sales for the fiscal third quarter that ended in February, exceeding analysts’ expectations.
The Columbus-based steel processor posted profit of $37.1 million, up from $25.9 million in the same quarter last year, and sales of $619 million, up from $611 million.
Worthington Industries’ Pressure Cylinders segment last year acquired the Westerman Cos., which has a facility in Wooster. Westerman is a manufacturer of tanks and pressure vessels for the oil and gas, nuclear and marine markets. Additionally, Worthington Industries has a joint venture, with International Tooling Solutions, called ArtiFlex that has five locations, including a manufacturing facility in Wooster. Worthington Industries also has a joint venture with Samuel, Son & Co., that has steel pickling operations in Twinsburg and Cleveland.
Two defense award nominees
Two local companies — Goodyear Tire & Rubber Co. and Clarktel Tele-Communication Inc. — are among hundreds of nominees nationwide for the 2013 Secretary of Defense Employer Support Freedom Award. The Freedom Award is the Department of Defense’s highest recognition for employers supporting workers serving in the Guard and Reserve. Up to 15 award recipients will be announced this summer and honored in Washington, D.C.
Guard and Reserve Service members, or family members acting on their behalf, nominated their civilian employers for the award.
Stark library sets job seminar
The Stark County District Library, with the support of other organizations, will host its eighth Opportunities Job Workshops from 10 a.m. to 12:30 p.m. Tuesday and Job Fair from 9 a.m. to noon Thursday .
The Job Workshops are designed to help job seekers beef up their search skills. Topics will include Internet searching and applications, interviewing tips, resume tips and dressing for success. SARTA also will present its Travel Training workshop. First-time attendees will receive a free 31-day SARTA bus pass. The library offers a Job and Career Help Center webpage at www.starklibrary.org/job-and-career-help-center. The library also offers free computer classes that focus on job-related computer skills. For more information, go online to www.starklibrary.org/eventscalendar.
Exec goes to OM Group
David Knowles, the chief operating officer of Myers Industries Inc., is leaving the Akron-headquartered company to take the job of president and chief operating officer of specialty chemicals company OM Group Inc. of Cleveland.
OM Group said Knowles’ appointment would be effective April 8.
Knowles’ resignation from Myers, a tool distributor and maker of plastic products, is effective today. Myers revealed Knowles’ resignation in a regulatory filing Monday. Knowles, 51, joined Myers as executive vice president and chief operating officer in June 2009.
James P. Mooney formed OM Group in 1991, after spending 16 years as the president and chief executive officer of Mooney Chemicals, a privately-owned company his father founded. OM says it is the world’s leading producer of cobalt-based specialty chemicals and a leading supplier of nickel-based specialty chemicals.
750 jobs cut at Coca-Cola
Coca-Cola said it’s cutting 750 jobs in the U.S. as it continues to streamline its business.
The world’s biggest beverage maker says the jobs cuts will be across the board and that affected individuals will be notified in coming weeks. The cuts represent roughly 1 percent of the company’s work force of 75,000 in North America.
Compiled from staff and wire reports