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Former Worthington Industries Steel Plant Sold
The former Worthington Industries coil processing facility in Cleveland has been sold for an amount exceeding its $15 million asking price. The 33-acre site was acquired by 4600 Premier Holding LLC and 4600 Heidtman Parkway Holding LLC, with Reserve Management Group, an affiliate of one of the buyers, planning ferrous and nonferrous metals recycling services at the location. The plant, which once employed 100 non-union workers, had only 55 employees by the time Worthington shut it down.