Worthington Enterprises has completed the separation of its Steel Processing business, Worthington Steel, into a standalone, publicly traded company.
First announced in September 2022, the decision will both better align its operations and sharpen its strategic focus on fast-growing markets. The split was completed ahead of schedule.
The new standalone steel processing business will operate as a value-added steel processor with a unique capability set, sophisticated supply chain and pricing solutions, and expanded product offerings.
Worthington Steel has 4,500 employees and is headquartered in Columbus, Ohio. Worthington Steel operates 31 facilities in seven states and five countries.
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