Worthington Steel agreed to acquire Kloeckner & Co. The proposed acquisition represents a strong strategic fit and advances Worthington Steel’s growth strategy by strengthening its position in the North American metal processing sector. Once completed, the transaction will position Worthington Steel as the second largest steel service center company in North America by revenue. “Through the acquisition of Kloeckner & Co., we will enhance our offerings in high-value metals processing,” said Geoff Gilmore, Worthington Steel president and CEO. “Worthington Steel and Kloeckner share a focus on operational excellence, innovation and disciplined execution.”