About Worthington Industries
Worthington Industries is a company based in Columbus (United States) founded in 1955.. The company has 81 employees as of December 31, 2022. Worthington Industries has completed 11 acquisitions, including AMTROL, General Tools and Gerstenslager. Worthington Industries offers products and services including Building Products and Consumer Products.
- Headquarter Columbus, United States
- Employees 81 as on 31 Dec, 2022
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Worthington Enterprises
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Annual Revenue
$4.92 B-6as on May 31, 2023
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Net Profit
$269.17 M-33as on May 31, 2023
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EBITDA
$212.37 M-36as on May 31, 2023
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Latest Funding Round
$500 M (USD), Debt – Conventional
Feb 20, 2018
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Investors
PNC
& 4 more
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Employee Count
81
as on Dec 31, 2022
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Investments & Acquisitions
AMTROL
& 10 more
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Products & Services of Worthington Industries
Worthington Industries offers a comprehensive portfolio of products and services, including Building Products and Consumer Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Building products are designed for commercial and residential markets, including heating, cooling, water systems, ceiling solutions, and metal framing to meet quality and safety standards.
Consumer products are developed based on market insights, encompassing tools, outdoor living, and celebrations items that support consumer needs.
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Sales and Marketing
20 people
Leadership Team
15 people
Human Resources and Administration
13 people
Software Development Team
13 people
Product Management Team
9 people
Operations Team
7 people
Finance and Accounting
7 people
Transformation Team
3 people
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Funding Insights of Worthington Industries
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $500.0M
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First Round
First Round
(20 Dec 2004)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Debt – Conventional - Worthington Industries | Valuation |
investors |
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| Aug, 2012 | Amount | Debt – Venture - Worthington Industries | Valuation |
investors |
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| Dec, 2004 | Amount | Debt – Venture - Worthington Industries | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Worthington Industries
Worthington Industries has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include PNC, JPMorgan Chase and scotiamanagedcompanies.com. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Financial services are provided to consumers and corporations worldwide.
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Founded Year | Domain | Location | |
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Commercial banking and financing services are provided by PNC.
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Founded Year | Domain | Location | |
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Private capital is provided to middle-market companies globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Worthington Industries
Worthington Industries has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include AMTROL, General Tools and Gerstenslager. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Machinery parts and tools are distributed online to enterprises.
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2011 | ||||
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Brazing alloys, silver filler metals, solders, and fluxes are manufactured.
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2011 | ||||
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Manufacturer of multiple oil and gas equipment
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Worthington Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Worthington Industries Comparisons
Competitors of Worthington Industries
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Worthington Industries
Frequently Asked Questions about Worthington Industries
When was Worthington Industries founded?
Worthington Industries was founded in 1955 and raised its 1st funding round 49 years after it was founded.
Where is Worthington Industries located?
Worthington Industries is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Who is the current CEO of Worthington Industries?
John P McConnell is the current CEO of Worthington Industries.
How many employees does Worthington Industries have?
As of Dec 31, 2022, the latest employee count at Worthington Industries is 81.
What is the annual revenue of Worthington Industries?
Annual revenue of Worthington Industries is $4.92B as on May 31, 2023.
What does Worthington Industries do?
Worthington Industries was established in 1955 in Columbus, United States, within the manufacturing sector. Products for commercial and residential construction are produced, encompassing heating and cooling systems, water management solutions, ceiling systems, and metal framing components. Consumer items are developed for established brands across multiple markets. Sustainable energy technologies are advanced via joint ventures. Operations emphasize reliable production processes tailored to industry requirements.
What products or services does Worthington Industries offer?
Worthington Industries offers Building Products and Consumer Products.
How many acquisitions has Worthington Industries made?
Worthington Industries has made 11 acquisitions, including AMTROL, General Tools, and Gerstenslager.
Who are Worthington Industries's investors?
Worthington Industries has 5 investors. Key investors include PNC, JPMorgan Chase, scotiamanagedcompanies.com, PGIM Private Capital, and Wachovia Securities.