Tempel Steel - Ownership and Business Overview

ManufacturingCompany

Tempel Steel Ownership

Who owns Tempel Steel?

Tempel Steel is owned by Worthington Enterprises. It was acquired on November 1, 2021.

Tempel Steel Business Overview

Where is Tempel Steel headquartered?

Tempel Steel is headquartered in Chicago, Illinois.

What sector is Tempel Steel in?

Tempel Steel is a manufacturing company.

When was Tempel Steel founded?

Tempel Steel was founded in 1945.

Manufacturing M&A Summary in 2021

Out of 60 sectors in the Mergr database, manufacturing ranked 9 in number of deals in 2021. The largest manufacturing acquisition in 2021 was SPX FLOW - which was acquired by Lone Star Funds for $3.8B.

Join Mergr to view all 367 acquisitions of manufacturing companies in 2021, including 91 acquisitions by private equity firms, and 276 by strategics.

Tempel Steel

Tempel Steel Co.

5500 North Wolcott Avenue,
Chicago, Illinois 60640
United States,
(773) 250-8000
www.tempel.com

Tempel Steel is a manufacturer of precision motor and transformer laminations for the electrical steel market. The company's proprietary manufacturing techniques provide customers with highly engineered, precision-stamped, electrical steel laminations used for the core of electric motors, transformers and generators. With hybrids and EVs expected to continue growing at double-digit rates worldwide, Tempel will significantly enhance Worthington’s existing automotive offerings, including its lightweighting technology and laser welded solutions that deliver weight and cost reductions and increased fuel efficiency to the mobility market. It also serves the important electricity infrastructure and distribution markets, which are expected to see significant investment and growth to support the transition to electric motors across multiple industries. Formed in 1945, Tempel is a global business and manufactures in five facilities located in Chicago, Canada, China, India and Mexico.


Company Summary

SECTOR

Manufacturing

Revenue

377   2020
(millions of USD)

Established

1945

 Subscribe to unlock this and 206,305
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 198K M&A Transactions
  • 202K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 80K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Tempel Steel

Illinois Companies , Manufacturing Companies , United States Companies , Illinois Manufacturing Companies , Illinois Manufacturing with Acquisitions , Illinois Manufacturing with Divestitures

Related Lists for Illinois Companies

Largest Illinois Companies , Acquisitive Illinois Companies , Recently Acquired Illinois Companies , Recently Sold Illinois Companies , Private Illinois Companies , Public Illinois Companies , Acquired Illinois Companies , PE Backed Illinois Companies

Related Lists for Manufacturing Companies

Largest Manufacturing Companies , Acquisitive Manufacturing Companies , Recently Acquired Manufacturing Companies , Recently Sold Manufacturing Companies , Private Manufacturing Companies , Public Manufacturing Companies , Acquired Manufacturing Companies , PE Backed Manufacturing Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal