Ohio-based Worthington Enterprises has signed two definitive agreements with Hexagon Composites, one an acquisition and the other a sale, which will see the formation of a joint venture.
Worthington Enterprises has completed the separation of its steel processing business, Worthington Steel, into a standalone, publicly traded company.
Ohio-based Worthington Industries has confirmed that its Board of Directors has approved the separation of its Steel Processing business, Worthington Steel, via a spin-off that is intended to be tax-free to shareholders for US federal...
The D.C. Circuit Court of Appeals has concluded that the US Environmental Protection Agency’s (EPA) 2021 ban of non-refillable refrigerant cylinders is invalid.
Ohio-based Worthington Industries has reported net sales of $1.1bn and net earnings of $46.3m for its fiscal 2023 third quarter (Q3), which ended 28th February 2023.
Ohio-based manufacturing firm Worthington Industries has unveiled new senior leadership teams for New Worthington and Worthington Steel, effective upon completion of the planned separation of the Steel Processing business.
Worthington Industries will become two separate companies as of early 2024, with its Steel Processing business set to become a standalone public company.
2022 ended on a positive note for Worthington Industries, with the manufacturing company reporting net sales of $1.5bn and net earnings of $80.3m in its fourth quarter (Q4) fiscal financials.
Worthington Industries has received a 2022 Manufacturing Leadership (ML) Award for the deployment of L2L’s Smart Manufacturing Platform.
Worthington Industries has completed the acquisition of Tempel Steel Company for approximately $225m.
