Worthington Industries

For the pump manufacturer, later a major diversified industrial conglomerate, see Worthington Corporation.
Worthington Industries
Public
Traded as NYSE: WOR
Industry Metal fabrication
Founded 1955 (Columbus, Ohio)
Founder John H. McConnell
Headquarters Columbus, Ohio, United States
Number of locations
81 facilities
Area served
Worldwide
Key people
John P. McConnell (Chairman & CEO)
Mark A. Russell (President & COO)
Andy Rose (Vice President & CFO)
Products Steel
Revenue Increase US$3.13 billion (FY 2014)
Increase US$129.14 million (FY 2013)
Increase US$136.44 million (FY 2013)
Total assets Increase US$1.951 billion (FY 2013)
Total equity Increase US$830.82 million (FY 2013)
Number of employees
10,500
Website www.worthingtonindustries.com
Footnotes / references
[1]

Worthington Industries is a global diversified metals manufacturing company with 2013 fiscal year sales of $2.6 billion. The Columbus, Ohio based company is a steel processor and manufacturer of pressure cylinder, such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, exploration, recovery and production products for global energy markets; scuba tanks, and compressed natural gas storage cylinders; custom-engineered open and enclosed cabs and operator stations for heavy mobile equipment; framing systems for mid-rise buildings; steel pallets and racks for shipping. In addition to its three primary business units (steel processing, pressure cylinders and engineered cabs), the company’s approximately 10 joint ventures also focus on metals-related markets.[2]

Overview

Divisions

Worthington Steel factory near Delta, Ohio


Joint ventures

Awards and achievements

Worthington Industries has been recognized four times by Fortune magazine as one of the "100 Best Companies to Work for in America". In 2006, the "100 Best Fortune" article on Worthington Industries stated, "The steel processor's culture is based on trust and great benefits. Factory workers get a piece of the monthly profit sharing, which augments monthly salaries 40% to 100%. Join the wellness program, and your health premiums are covered."[9] Fortune also named Worthington one of the "Most Admired Companies in the Metals Industry".[10] Worthington Industries has been on Money magazine's list of "30 Best Performing Stocks of the Past 30 Years",[11] and Forbes magazine has recognized Worthington Industries as one of "America's Best Big Companies".[12]

Worthington Industries has also developed into a recruiting magnet company, having successfully recruited top-of-their-class recruits from the last three graduating classes of the highest-ranked accounting program in the nation.[13][14]

Worthington Industries was recognized as a "Partner-level" supplier for 2013 in the John Deere Achieving Excellence Program. The Partner-level status is Deere & Company's highest supplier rating.[15]

References

  1. "Worthington Industries, Inc. (WOR)". Yahoo! Finance. Retrieved 14 May 2014.
  2. 1 2 "Worthington Industries: Steel Processing, Pressure Cylinders, Engineered Cabs". worthingtonindustries.com. Retrieved 12 January 2014.
  3. "Worthington Steel Processes Steel In-House, Providing Many Outstanding Services". worthingtonsteel.com. Retrieved 12 January 2014.
  4. "Worthington Cylinders home page". worthingtoncylinders.com. Retrieved 12 January 2014.
  5. "Worthington Steelpac". worthingtonsteelpac.com. Retrieved 12 January 2014.
  6. "Worthington Construction Group – Home". Worthington Construction Group. Retrieved 12 January 2014.
  7. "Worthington Energy Innovations - Worthington Energy Innovations: A Worthington Industries Company". Worthington Energy Innovations. Retrieved 12 January 2014.
  8. "Worthington Industries Finalizes ARITAS Purchase". The Wall Street Journal. Retrieved 2014-04-04.
  9. Fortune magazine 2006, 2002, 1998, 1997
  10. Fortune magazine 2006, 2004, 2002
  11. Money magazine, 2003
  12. Forbes magazine, 2004, 2001
  13. "BYU MAcc Program". BYU MAcc.
  14. "The Best Undergraduate B-Schools for Accounting". Bloomberg Businessweek.
  15. "Worthington Industries Earns Recognition as a John Deere "Partner-Level Supplier". MarketWatch.

External links

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