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On February 7th, Worthington Enterprises was excited to participate in a panel discussion today with other corporate sustainability leaders focused on the challenges and opportunities of the clean energy transition. Chief Corporate Affairs, Communications and Sustainability Officer, Sonya Higginbotham shared, “It’s not just about our direct emissions; but also, how our products can positively impact the world. We are leaning into this with sustainability as part of our business strategy at Worthington Enterprises.” 3BL facilitated the panel, which included AEP Energy, The Nature Conservancy in Ohio and Bath & Body Works
February 2nd we kicked off American Heart Month by rocking RED to raise awareness around heart health and show support for those fighting cardiovascular disease—the leading cause of death in the United States and the number one cause of death in women, specifically. We encourage our people to recognize the threat, know their status and take preventive measures, and we’re proud to provide access to resources and support so they feel empowered to live a heart-healthy lifestyle.
February 2nd we kicked off American Heart Month by rocking RED to raise awareness around heart health and show support for those fighting cardiovascular disease—the leading cause of death in the United States and the number one cause of death in women, specifically. We encourage our people to recognize the threat, know their status and take preventive measures, and we’re proud to provide access to resources and support so they feel empowered to live a heart-healthy lifestyle.
On February we announced the addition of HALO Products Group-branded pizza ovens, pellet grills, griddles and accessories to our portfolio of outdoor living products, which includes Bernzomatic torches, fuel and accessories and Coleman portable propane tanks. As consumers increasingly seek new ways to elevate outdoor experiences, easy-to-prepare, high-quality food is a differentiator that can transform the experience, according to Steve Caravati, president, Consumer Products, Worthington Enterprises.
Worthington Enterprises Acquires HALO Products Brand | Worthington Industries
We are looking forward to meeting Ohio’s next generation of innovators, transformers and leaders at various career fairs in the coming weeks. As an award-winning Top Workplace and nationally recognized “Greatest Workplace for Diversity,” Worthington Enterprises offers internship and full-time opportunities for students and graduates, ready to contribute in their own distinctive way to our collective leadership. See us when we are on campus and learn more on our website at https://bit.ly/3HuEbnh
We are looking forward to meeting Ohio’s next generation of innovators, transformers and leaders at various career fairs in the coming weeks. As an award-winning Top Workplace and nationally recognized “Greatest Workplace for Diversity,” Worthington Enterprises offers internship and full-time opportunities for students and graduates, ready to contribute in their own distinctive way to our collective leadership. See us when we are on campus and learn more on our website at https://bit.ly/3HuEbnh
COLUMBUS, OHIO (Dec. 1, 2023) – Worthington Enterprises, Inc. (NYSE: WOR) formerly Worthington Industries, Inc., a leading industrial manufacturing company, today completed the previously announced separation of its Steel Processing business, Worthington Steel, Inc., into a standalone, publicly traded company. Worthington Steel common stock begins “regular-way” trading on the New York Stock Exchange (NYSE) today under the ticker symbol “WS”. Worthington Enterprises common stock continues trading on the NYSE under the ticker symbol “WOR”. Andy Rose, president and chief executive officer, Worthington Enterprises, said, “Today is a major milestone in Worthington’s history. As separate companies, both Worthington Enterprises and Worthington Steel will be better able to serve their respective customers, deliver on their more focused strategic priorities and create superior long-term shareholder value. I want to thank our teams for their hard work successfully executing this separation, and I look forward to seeing all that both companies will accomplish going forward.”
Worthington Enterprises Completes Separation of Worthington Steel | Worthington Industries
Worthington Industries, Inc. (NYSE: WOR), a leading industrial manufacturing company, today announced the names and branding for the two companies resulting from the planned separation. Worthington Enterprises will include the Company’s Building Products, Consumer Products and Sustainable Energy Solutions businesses. Worthington Steel will be the Company’s Steel Processing business. The separation is expected to occur as early as December 2023, ahead of the originally projected timing of early 2024. The Worthington Enterprises name represents the organization’s strong heritage, entrepreneurial spirit, and market-leading brands and innovative products that improve lives. Worthington Steel honors the legacy of the Company’s history with a return to the original name of the steel processing business John H. McConnell founded in 1955. The icon is equally sharp-edged and smooth, alluding to the versatility of steel as a raw material and the role it will play in the energy transition.
Back in September 2022, Worthington Industries announced our intent to separate our Steel Processing business and Cylinder business into two independent, publicly traded companies. Creating two new independent companies will best position each organization to pursue attractive end markets, capitalize on differentiated growth and value creation strategies, and better serve their unique customers. Importantly, we also expect the separation to unlock value for shareholders and create exciting career development and advancement opportunities for employees. Following the completion of the separation: “Worthington Enterprises” will be a market leader with premier brands in attractive niche end markets in Consumer Products, Building Products and Sustainable Energy Solutions. As a more focused company, New Worthington will be better able to capitalize on key trends in sustainability, technology, construction and outdoor living. The joint ventures that will be part of New Worthington are WAVE and ClarkDietrich. “Worthington Steel” will be a best-in-class, value-added steel processor and producer of electrical steel laminations and automotive lightweighting solutions, poised for continued growth given expanding opportunities in electrification, sustainability, and infrastructure. The joint ventures that will be part of Worthington Steel are Spartan, TWB Company, Serviacero Worthington, Tempel, Worthington Samuel Coil Processing (WSCP) and Worthington Specialty Processing (WSP).
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To express our appreciation for our own front line employees, fellow coworkers from across Worthington Industries came together virtually to share a message.
WI Companywide Thank You
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Each year, the Worthington Industries Foundation supports an average of 50 nonprofit organizations. In just the last decade, we have donated $11 million to these worthy causes. It’s something that is embedded deep into our culture and practiced each day in the spirit of Our Philosophy. Learn more about our Foundation’s giving efforts below. #PhilanthropyDay #LifeAtWorthington
Community Impact - Worthington Industries