Worthington Industries

Columbus, United States Founded: 1955 • Age: 71 yrs Listed
Building products, consumer goods, and sustainable energy solutions are manufactured.

About Worthington Industries

Worthington Industries is a publicly listed company based in Columbus (United States) founded in 1955. Building products, consumer goods, and sustainable energy solutions are manufactured. The company has 81 employees. Worthington Industries has completed 11 acquisitions, including AMTROL, General Tools and Gerstenslager. Its chief executive, as recorded, is John P McConnell. Worthington Industries offers products and services including Building Products and Consumer Products. Its legal entity is Worthington Enterprises.

Company details

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.

Key Metrics
  • Annual Revenue
    $4.92 B (USD)
    -6
    as on May 31, 2023
  • Net Profit
    $269.17 M (USD)
    -33
    as on May 31, 2023
  • EBITDA
    $212.37 M (USD)
    -36
    as on May 31, 2023
  • Latest Funding Round
    $500M (USD), Debt – Conventional

    Feb 2018

  • Investors
    PNC

    & 4 more

  • Employee Count
    81
  • Investments & Acquisitions
    AMTROL

    & 10 more

Products & Services of Worthington Industries

Worthington Industries offers a comprehensive portfolio of products and services, including Building Products and Consumer Products.

Building Products
Construction Solutions

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
Daily Use Items

Consumer products are developed based on market insights, encompassing tools, outdoor living, and celebrations items that support consumer needs.

Funding Insights of Worthington Industries

  • Total Rounds 3
  • Last Round Debt – Conventional β€” $500M
  • First Round $100M

    (Dec 2004)

  • Investors Count 5

All 3 funding rounds of Worthington Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2018$500MDebt – Conventional––
Aug 2012$150MDebt – Venture––
Dec 2004$100MDebt – Venture––
Valuation history

5 investors in total: 5 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Financial services are provided to consumers and corporations worldwide.
2000jpmorganchase.comNew York, United States
Commercial banking and financing services are provided by PNC.
1845pnc.comPittsburgh, United States
Private capital is provided to middle-market companies globally.
prudentialcapitalgroup.comNewark, United States
Offers financial advisory services, including planning, analysis, and comprehensive wealth management.
2001wachoviasecurities.comSt. Louis, United States
Diversified assets are managed by the firm in Toronto.
1998scotiamanagedcompanies.comToronto, Canada
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Investor details for Worthington Industries

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People of Worthington Industries

123 people are tracked at Worthington Industries (36 in leadership, 9 in board & advisors, 78 in team); the tracked headcount is 81.

NameRoleGroup
Steve Caravati
PresidentLeadership
Eric Smolenski
PresidentLeadership
John P McConnell
CEOLeadership
Andy Rose
CEOLeadership
Jessica Mrowzinski
DirectorLeadership
Kenneth Hoffman
Director Of Transformation, Building ProductsLeadership
Ryan Noll
Human Resources DirectorLeadership
Patrick Kennedy
Chief Legal & Ethics OfficerLeadership
Olaf Godlewski
Director European Sales - Alternative Fuels Heavy -duty VehiclesLeadership
Mike Hanners
Director, Sales - Mass Platform - Consumer Products GroupLeadership
Melinda Warner
SR Human Resource Business PartnerLeadership
Ramon Fernandez
Sales Director Latin AmericaLeadership
Eliza Days
Human Resources Business PartnerLeadership
Kendra Smith
Assistant Director Of Corporate FitnessLeadership
Amber Studlien
Human Resources Business PartnerLeadership
Gina Denunzio
Human Resources Business PartnerLeadership
Sheleemia Simmons-Taylor
VP, Strategy & InnovationLeadership
Marc Gase
VP Of Price Risk And Supply ChainLeadership
Travis Marting
Brand Director | Level5 ToolsLeadership
Geri Fifer
Director Of Business DevelopmentLeadership

103 more people are available in the full profile.

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Machinery parts and tools are distributed online to enterprises.
level5tools.comKansas, United States2011Jun 2022$55M
Precision magnetic steel laminations are manufactured for multiple industries.
tempel.comChicago, United States1945Nov 2021$255M
Precision measuring and inspection tools are designed and manufactured.
generaltools.comSecaucus, United States1992Feb 2021$115M
Manufacturer of multiple oil and gas equipment
ptec.euBurscheid, Germany2003Jan 2021β€’β€’β€’β€’
Industrial tanks are manufactured by AMTROL in the United States.
amtrol.comWarwick, United States1946Jun 2017$283M
Brazing alloys, silver filler metals, solders, and fluxes are manufactured.
netbraze.comMount Orab, United States2011Jan 2016β€’β€’β€’β€’
Provider of computer components, stamped & roll-formed fasteners, and strip steel manufacturing services
romestripsteel.comRome, United States1926Jan 2015$55.5M
Manufacturer of steel and fiberglass tanks
pmtank.comGarden, United States1971Apr 2013$113.5M
Smoking issues are explored via a dedicated company blog.
westermancompanies.comFairfield, United States1957Sep 2012$70M
Provider of light gauge conversion mill for flat rolled stainless steel and high performance alloys
psm-inc.comLos Angeles, United States1983Aug 2006$33.7M
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Complete acquisition details for Worthington Industries

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  • Exports

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Timeline of Worthington Industries

13 dated milestones of Worthington Industries across 67 years, from founding to its latest funding, stage changes and deals.

  1. Founded Worthington Industries is founded.
  2. Funding First funding round of $100.0M.
  3. Acquisition Acquires Precision Specialty Metals.
  4. Acquisition Acquires Wester Man Companies.
  5. Acquisition Acquires Palmer Manufacturing & Tank.
  6. Acquisition Acquires Rome Strip Steel.
  7. Acquisition Acquires NetBraze.
  8. Acquisition Acquires AMTROL.
  9. Funding Latest funding round, Debt – Conventional, of $500.0M.
  10. Acquisition Acquires PTEC.
  11. Acquisition Acquires General Tools.
  12. Acquisition Acquires Tempel.
  13. Acquisition Acquires LEVEL5 Tools.

Web traffic of Worthington Industries

Websites that share an audience with Worthington Industries (worthingtonindustries.com).

Similar websites

Websites whose visitors overlap most with Worthington Industries. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
worthingtonsteel.com
100%
16.3K#1,515,540View details
ussteel.com
96%
72.2K#292,978View details
walbridge.com
77%
#2,763,335View details
arcelormittal.com
77%
778.1K#78,199View details
chemstressconstruction.com
chemstressconstruction.com
77%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Worthington Industries

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Frequently Asked Questions about Worthington Industries

Worthington Industries was founded in 1955 and raised its 1st funding round 49 years after it was founded.

Worthington Industries is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.

John P McConnell is the CEO of Worthington Industries, as recorded in our data.

Worthington Industries has 81 employees.

Annual revenue of Worthington Industries is $4.92B as on May 31, 2023.

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.

Worthington Industries offers Building Products and Consumer Products.

Worthington Industries has made 11 acquisitions, including AMTROL, General Tools, and Gerstenslager.

Worthington Industries has 5 investors. Key investors include PNC, JPMorgan Chase, scotiamanagedcompanies.com, PGIM Private Capital, and Wachovia Securities.

Worthington Industries operates through Worthington Enterprises.

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