Decision Analysis Leads to a Smoother Ride for Angus

摘要

When Worthington Industries (IW 500/323), a $2.4 billion diversified metals-manufacturing company, acquired Angus Industries earlier this year, the synergies between the two companies were attractive. For one, the acquisition of privately held Angus, a $200 million manufacturer of cabs and operator stations for heavy construction equipment (e.g., large tractors and combines), increases Worthing-ton's presence in the construction, agriculture and mining industries, all significant users of the steel products Worthington specializes in. Just as important, though, is the matchup of business philosophies.