Worthington Industries Presenting at Baird Global Industrial Conference

Grand News Network | November 6, 2023

COLUMBUS, Ohio, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE:WOR), a leading industrial manufacturing company, today announced it will present at this week's Baird Global Industrial Conference in Chicago. Worthington Industries Chief Executive Officer and future Worthington Enterprises Chief Executive Officer Andy Rose and Worthington Industries Chief Financial Officer and future Worthington Enterprises Chief Financial and Operating Officer Joe Hayek will share with attendees their strategies for long-term growth and shareholder value for Worthington Enterprises. The presentation will take place Wednesday, November 8 at 11:15 a.m. ET.

Those interested in watching the presentation live may register at this link. A replay of the session will be posted in the Investor Relations section of the Worthington Industries website.

As previously announced, the planned separation of Worthington Industries' Steel Processing business is expected to occur as early as December 2023, ahead of the originally projected timing of early 2024. Following the planned separation, Worthington Industries will be known as Worthington Enterprises, which will be a market-leading designer and manufacturer with premier brands in attractive end markets in Consumer Products, Building Products and Sustainable Energy Solutions. As a more focused company, Worthington Enterprises will be well-positioned to capitalize on key trends in sustainability, technology, remodeling and construction and outdoor living. Worthington Enterprises will continue to pursue a growth strategy focused on leveraging its robust new product pipeline of sustainable, tech-enabled solutions to disrupt mature markets. More information is available on the Company's website at WorthingtonIndustries.com/W24.

About Worthington Industries
Worthington Industries (NYSE:WOR) is a leading industrial manufacturing company pursuing its vision to be the transformative partner to its customers, a positive force for its communities and earn exceptional returns for its shareholders. For over six decades, the Company has been delivering innovative solutions to customers spanning industries such as automotive, energy, retail and construction. Worthington is North America's premier value-added steel processor and producer of laser welded solutions and electrical steel laminations that provide lightweighting, safety critical and emission reducing components to the mobility market. Through on-board fueling systems and gas containment solutions, Worthington serves the growing global hydrogen ecosystem. The Company's focus on innovation and manufacturing expertise extends to market-leading consumer products in tools, outdoor living and celebrations categories, sold under brand names, Coleman®, Bernzomatic®, Balloon Time®, Level5 Tools®, Mag Torch®, Well-X-Trol®, General®, Garden-Weasel®, Pactool International® and Hawkeye™; as well as market leading building products, including water systems, heating & cooling solutions, architectural and acoustical grid ceilings and metal framing and accessories.

Headquartered in Columbus, Ohio, Worthington operates 52 facilities in 15 states and nine countries, sells into over 90 countries and employs approximately 9,000 people. Founded in 1955, the Company follows a people-first Philosophy with earning money for its shareholders as its first corporate goal. Relentlessly finding new ways to drive progress and transform, Worthington is committed to providing better solutions for customers and bettering the communities where it operates by reducing waste, supporting community-based non-profits and developing the next generations of makers.

Safe Harbor Statement
Selected statements contained in this release constitute "forward-looking statements," as that term is used in the Private Securities Litigation Reform Act of 1995 (the "Act"). Worthington Industries, Inc. (the "Company") wishes to take advantage of the Safe Harbor provisions included in the Act. Forward-looking statements reflect the Company's current expectations, estimates or projections concerning future results or events. These statements are often identified by the use of forward-looking words or phrases such as "believe," "expect," "anticipate," "may," "could," "should," "would," "intend," "plan," "will," "likely," "estimate," "project," "position," "strategy," "target," "aim," "seek," "foresee," or other similar words or phrases. These forward-looking statements include, without ...

Full story available on Benzinga.com


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