Future Of Worthington Cylinders

[jseyfert3]

Also understand that the equipment used to make Worthington steels (deep draw) are completely different than that used for aluminium (reverse extruded) and are incompatible to each other.

They are. I watched a video on the making of both aluminum and steel scuba tanks a few weeks ago. The steel tanks start out as a disk of steel that is progressively bent into a cylinder in 3 or 4 steps, the aluminum tanks start out as a solid cylindrical blank that is put into a hydraulic press which extrudes the hollow cylindrical tank in a single operation. I always like watching how it's made type videos.

Here's the aluminum tank process (Catalina):

And the steel tank process (Worthington):

 

[rjack321]

Aren't there laws against this sort of thing? I'm surprised.

Against buying a company specifically to liquidate it and make your own factory/products more competitive? Happens every day.

 

[KevinNM]

Against buying a company specifically to liquidate it and make your own factory/products more competitive? Happens every day.

US DoJ can stop that for anti-competitive reasons under certain conditions, but not sure on the details. And if you are not a US company then they can't really do much.

 

[Leadking]

There is no shortage of cylinder manufacturing companies. It would be like one grocery store buying another adn closing the doors. As a general rule you must control 75% of the market before being considered a monopoly.

 

[Leadking]

There is no shortage of cylinder manufacturing companies. It would be like one grocery store buying another adn closing the doors. As a general rule you must control 75% of the market before being considered a monopoly.

see High Pressure Cylinders on ThomasNet.com

 

[rjack321]

Whatever happened to hymark? They made some AL3000 cylinders for a short while. I have a Al40 of their's but haven't heard of them in awhile.

Norris has been in and out of the market since the 1970s but after their last exemption tank fiasco we are better off without them IMHO.

 

[Leadking]

Worthington bought Hy-Mark and operated it for a few years. When Worthington decided to close its steel cylinder plant in Canada (scuba & industrial cylinders) it sold its aluminium cylinder plant to THunderbird LLC, which is still making scuba cylinders