Worthington Industries, Inc. (WOR)

Metals manufacturing company specializing in steel processing, pressure cylinders, and custom-engineered products.

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Worthington Industries, Inc. is an industrial manufacturing powerhouse renowned for its diverse portfolio of value-added steel processing, consumer goods, building products, and sustainable energy solutions across global markets. Operating through four distinct segments Steel Processing, Consumer Products, Building Products, and Sustainable Energy Solutions the company excels in delivering innovative products and services tailored to meet a wide range of industrial needs.

The Steel Processing segment stands at the forefront, specializing in the processing of flat-rolled steel. It serves an extensive customer base spanning automotive, aerospace, agricultural, appliance, construction, energy, and HVAC sectors, among others. Additionally, the segment offers toll processing services, catering to steel mills, service centers, and other processors, thus ensuring top-notch quality and precision in steel fabrication.

Under the Consumer Products banner, Worthington Industries markets a variety of well-known brands such as Coleman, Bernzomatic, and Balloon Time. These brands encompass a diverse array of products including tools, outdoor living essentials, and celebration items. The company’s commitment to innovation and quality is reflected in its extensive product lineup, which also features names like Mag-Torch, General, and Garden-Weasel.

Furthermore, the Building Products segment focuses on supplying essential items such as refrigerant and LPG cylinders, well water tanks, and specialty products for gas producers and distributors. Meanwhile, the Sustainable Energy Solutions segment pioneers advancements in on-board fueling systems and gas containment solutions, playing a crucial role in the storage, transport, and distribution of industrial gases. Founded in 1955 and headquartered in Columbus, Ohio, Worthington Industries continues to uphold its legacy of excellence and innovation in the global industrial manufacturing landscape.

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