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Worthington Industries, Inc.

Worthington Industries, Inc.

Sector: Steel Works Blast Furnaces (including Coke Ovens) And Rolling Region: OH, United States


: | New York Stock Exchange: WOR


Similar to: ATI

Worthington Industries, Inc. is a diversified metals processing company, focused on value-added steel processing and manufactured metal products. Its manufactured metal products include pressure cylinder products such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, scuba tanks, compressed natural gas cylinders and helium balloon kits; engineered cabs and operator stations and cab components; framing systems for mid-rise buildings; steel pallets and racks; and, through joint ventures, suspension grid systems for concealed and lay-in panel ceilings; laser welded blanks; light gauge steel framing for commercial and residential construction; and current and past model automotive service stampings. The company operates through the following business segments: Steel Processing, Pressure Cylinders and Engineered Cabs. The Steel Processing segment consists of the Worthington Steel business unit, and includes Precision Specialty Metals, Inc. This operating segment processing capabilities include pickling; slitting; cold reducing; hot-dipped galvanizing; hydrogen annealing; cutting-to-length; tension leveling; edging; non-metallic coating, including dry lubrication, acrylic and paint; and configured blanking. Worthington Steel sells to customers principally in the automotive, construction, lawn and garden, hardware, furniture, office equipment, electrical control, tubing, leisure and recreation, appliance, agricultural, HVAC, container and aerospace markets. The Pressure Cylinders segment consists of the Worthington Cylinders business unit and WNCL, a consolidated joint venture based in India that manufactures high-pressure, seamless steel cylinders for compressed natural gas storage in motor vehicles as well as cylinders for compressed industrial gases. Pressure Cylinders also manufactures and sells filled and unfilled pressure cylinders and various accessories for a diversified number of end-use market applications. The Engineered Cabs segment designs and manufactures custom-engineered open and closed cabs and operator stations for a wide range of heavy mobile equipment in a range of industries. Engineered Cabs also manufactures other specialty weldments, kits, accessories, and cab components. Worthington Industries was founded by John H. McConnell in 1955 and is headquartered in Columbus, OH.

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