Global InformationWorthington Enterprises information
 | |
| Company type | Public company |
|---|---|
Traded as | NYSE: WOR S&P 600 component |
| Industry | Steel Processing Metal fabrication |
| Founded | 1955 in Columbus, Ohio |
| Founder | John H. McConnell |
| Headquarters | Worthington, Ohio, United States |
Number of locations | 51 facilities |
Area served | Worldwide |
Key people | Andy Rose, President & CEO John P. McConnell, Executive Chairman Geoff Gilmore, Executive Vice President & COO Joseph B. Hayek, Vice President & CFO |
| Products | Steel Processing, Pressure Cylinders, Industrial Components, Retail Products, Propane Cylinders |
| Brands | Balloon Time, Bernzomatic, Coleman |
| Revenue |  $3.759 billion (FY 2019) |
Net income |  $153 million (FY 2019) |
| Total assets | $2.510 billion (FY 2019) |
| Total equity | $948 million (FY 2019) |
Number of employees | 7,500 (2021) |
| Website | worthingtonindustries |
| Footnotes / references [1] | |
Worthington Enterprises, Inc. is a global diversified metals manufacturing company based in Columbus, Ohio. It is a steel processor and manufacturer of pressure vessels, such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, exploration, recovery and production products for global energy markets; water system tanks for storage, treatment, heating, expansion and flow control, and compressed natural gas storage cylinders. The company also manufactures framing systems for mid-rise buildings and steel pallets and racks for shipping. It is the largest independent processor of flat-rolled steel in the United States. The company takes steel from steel producers and processes it for customers in industries including automotive, lawn and garden, construction, hardware, office furniture, electrical control, leisure and recreation, appliance, agriculture and HVAC.[1]
The company's pressure vessels business, founded in 1971, includes the manufacture of Propane cylinders used for gas grills; refrigerant cylinders used for air conditioning systems; tanks for storage in water treatment, heating, expansion and flow control; high-pressure cylinders for industrial gases; air tanks used for diving; self-contained breathing apparatus for firefighters and others; compressed gas tanks for hand torches; compressed natural gas (CNG) storage tanks for the alternative fuels market; liquid nitrogen containers for the life sciences, health care and animal husbandry markets; cylinders for transporting and storing high pressure hydrogen gas; and consumer products such as helium gas balloon kits. Cylinders and tanks are made from welded or seamless steel, from aluminum, or from fiber composite materials.
Worthington Industries is the only manufacturer of disposable 1lb propane cylinders in North America. The 16.1 oz. cylinders are sold under a variety of brand names including Worthington, Bernzomatic, and Coleman. These cylinders are commonly used by consumers for soldering, brazing, and welding, and to fuel cooking appliances like camp stoves and portable BBQs used in recreational settings like campgrounds, parks, and stadium parking lots.
- ^ a b "Worthington Industries, Inc. Form 10-K Annual Report for the Fiscal Year Ended May 31, 2019". U.S. Securities and Exchange Commission.