Reflecting on the company’s fourth quarter (Q4) 2021 results, Worthington Industries’ President and CEO, Andy Rose, said the company saw robust demand across most of its businesses and joint ventures.
Worthington Industries has created a Sustainable Energy Solutions business segment to put an enhanced focused on clean mobility and energy.
Worthington Industries has divided its Pressure Cylinders segment into three new segments: Consumer Products, Building Products and Sustainable Energy Solutions, effective 1st June (2021).
Non-refillable steel cylinders from China will face countervailing duties after the US International Trade Commission (ITC) voted that imported cylinders have injured the US domestic industry and Worthington Industries.
Worthington Industries has announced a 15% price increase on its non-refillable steel cylinders and industrial products.
Worthington Industries has sold its Structural Composites Industries (SCI) facility in Pomona, California, to Luxfer Holdings.
Worthington Industries has announced a price increase for its steel and aluminium cylinders, effective on all new orders shipping on or after 1st Feb (2021), or as contracts allow.
Worthington Industries has been named FCA Supplier of the Year in the category of raw materials.
Worthington Industries has donated $20m from the proceeds of its Nikola investment to the Worthington Industries Foundation to establish a charitable endowment in its name at The Columbus Foundation.
Worthington Industries has today reported net sales of $702.9m and net earnings of $616.7m, or $11.22 per diluted share, for its fiscal 2021 Q1 ended 31st August 2020.
