Worthington Enterprises Acquires Elgen Manufacturing

Worthington Enterprises announced its acquisition of Elgen Manufacturing, a designer and manufacturer of HVAC parts and components, for approximately $93 million. The deal expands Worthington's Building Systems and Components portfolio and Elgen will become part of its Building Products segment.

“Worthington Enterprises (NYSE: WOR), a designer and manufacturer of market-leading brands that improve everyday life by elevating spaces and experiences, today announced its acquisition of Elgen Manufacturing (Elgen) of Closter, New Jersey.”

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