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Worthington Industries, Inc.

Worthington Industries, Inc. Overview

Worthington Industries is a leading global diversified metals manufacturing company with 2019 fiscal year net sales of $3.8 billion. Headquartered in Columbus, Ohio, Worthington is North America’s premier value-added steel processor providing customers with wide ranging capabilities, products and services for a variety of markets including automotive, construction and agriculture; a global leader in manufacturing pressure cylinders for propane, refrigerant and industrial gasses and cryogenic applications, water well tanks for commercial and residential uses, CNG and LNG storage, transportation and alternative fuel tanks, oil & gas equipment, and consumer products for camping, grilling, hand torch solutions and helium balloon kits; and a manufacturer of operator cabs for heavy mobile industrial equipment; laser welded blanks for light weighting applications; automotive racking solutions; and through joint ventures, complete ceiling grid solutions; automotive tooling and stampings; and steel framing for commercial construction.

Purpose

To relentlessly find new ways to drive progress.

Vision

To be the transformative partner to our customers, a positive force for our communities, and earn exceptional returns.

Mission

We call it our Foundational Principle: We have a people first culture with Our Philosophy as our foundation for decision making. We work as one company, with one purpose, on one team.

Additional Culture Details

Our Philosophy provides the guiding principles and foundation for decision-making and how we operate. A full copy of Our Philosophy is below:

EARNINGS
The first corporate goal for Worthington Industries is to earn money for its shareholders and increase the value of their investment.
We believe that the best measurement of the accomplishment of our goal is consistent growth in earnings per share.

OUR GOLDEN RULE
We treat our customers, employees, investors and suppliers, as we would like to be treated.

PEOPLE
We are dedicated to the belief that people are our most important asset.
We believe people respond to recognition, opportunity to grow and fair compensation.
We believe that compensation should be directly related to job performance and therefore use incentives, profit sharing or otherwise, in every possible situation.
From employees we expect an honest day’s work for an honest day’s pay.
We believe in the philosophy of continued employment for all Worthington people.
In filling job openings every effort is expended to find candidates within Worthington, its divisions or subsidiaries.

CUSTOMERS
    Without the customer and their need for our products and services we have nothing.
We will exert every effort to see that the customer’s quality and service requirements are met.
Once a commitment is made to a customer, every effort is made to fulfill that obligation.

SUPPLIERS
    We cannot operate profitably without those who supply the quality materials we need.
We ask that suppliers be competitive in the marketplace with regard to quality, pricing, delivery and volume purchased.
We are a loyal customer to suppliers who meet our quality and service requirements through all market conditions.

ORGANIZATION
We believe in a divisionalized organizational structure with responsibility for performance resting with the head of each operation.
All managers are given the operating latitude and authority to accomplish their responsibilities within our corporate goals and objectives.
In keeping with this philosophy, we do not create excessive corporate procedures. If procedures are necessary within a particular company operation, that manager creates them.
We believe in a small corporate staff and support group to service the needs of our shareholders and operating units as requested.

COMMUNICATION
We communicate through every possible channel with our customers, employees, shareholders, suppliers and financial community.

CITIZENSHIP
Worthington Industries practices good citizenship at all levels. We conduct our business in a professional and ethical manner.
We encourage all our people to actively participate in community affairs.
We support worthwhile community causes.