Marubeni-Itochu Steel announced that through its North American subsidiary, Marubeni-Itochu Steel America, it has completed its acquisition of Worthington Specialty Processing’s remaining facility in Jackson in Michigan. The Jackson facility will be renamed MISA Specialty Processing Worthington Specialty Processing is a 51%/49% joint venture between Worthington Industries and United States Steel Corporation, respectively. The acquisition is part of MISI’s strategy to expand its steel processing capacity to service customers in the North American automotive industry. MISI is already a partner with Worthington Industries in the US through the company’s ClarkDietrich building products joint venture. The terms of this all-cash transaction have not been disclosed.