Worthington
Latest News
Worthington Announces Extension of Credit Facility
03 October 2005 - Worthington Industries, Inc. has amended and restated its long-term revolving credit facility with a consortium of banks led by Scotia Capital and PNC Bank.
Dietrich and NOVA Chemicals to Develop Novel Construction Products
28 September 2005 - Dietrich Metal Framing is working with NOVA Chemicals Corp. to evaluate and commercialize novel construction products. Under a joint development agreement, the companies will work together on construction products that combine the structural benefits of light gauge steel framing with the thermal and moisture-retardant properties of expandable polystyrene.
Dietrich Metal Framing Announces UltraSTEEL Framing
23 September 2005 - Dietrich Metal Framing, a Worthington Industries company is introducing Dietrich UltraSTEEL(TM) metal framing products to the North American market.
Worthington Reports First Quarter Results
22 September 2005 - Worthington Industries, Inc. reported net earnings of $28.4 million on sales of $694.1 million for the three months ended August 31, 2005.
Worthington Reports Record Fiscal Year Results
23 June 2005 - Worthington Industries, Inc. reported net earnings of $40.8 million on record sales of $817.0 million for the fourth quarter and net earnings of $179.4 million on sales of $3,078.9 million for the twelve month period ended May 31, 2005.
Worthington Announces Share Repurchase Authorization
14 June 2005 - Worthington Industries, Inc.’s board of directors has authorized the repurchase of up to ten million, or approximately 11%, of its outstanding common shares.
Worthington Employees Celebrate 50 Years with Volunteer Service
27 May 2005 - Worthington Industries, Inc. kicked off its 50th anniversary celebration with a commitment to dedicate 500 hours of volunteer service to the communities where the company does business.
Worthington Industries Reports 3rd Quarter Results
17 March 2005 - Worthington Industries, Inc. reported net earnings of $33.1 million on net sales of $747.4 million for third quarter, and net earnings of $138.6 million on net sales of $2,261.9 million for the nine-month period ended February 28, 2005.
Worthington Announces Private Placement Note Financing
21 December 2004 - Worthington Industries, Inc. has issued $100 million of ten-year unsecured Senior Notes due 2014 through a private placement arranged by Wachovia Securities and Scotia Capital. The Notes bear interest at a variable rate spread over six-month LIBOR of 80 basis points (0.80%).
Worthington Reports Record Second Quarter Results
17 December 2004 - Worthington Industries, Inc. reported net earnings of $47.6 million on net sales of $745.2 million, and net earnings of $105.5 million on net sales of $1,514.5 million for the three and six-month periods ended November 30, 2004.
Dietrich Metal Framing Forms Joint Venture with Encore Coils
11 November 2004 - Dietrich Metal Framing has formed a Canadian metal framing joint venture with Encore Coils. The joint venture will operate under the name Dietrich Metal Framing Canada.
Dietrich forms Joint Venture with Pacific Steel Construction
29 September 2004 - Dietrich Metal Framing has formed a joint venture with Pacific Steel Construction.
Worthington Reports Record 1st Quarter Results
23 September 2004 - Worthington Industries, Inc. reported net earnings of $57.9 million on sales of $769.3 million for the first quarter of fiscal 2005 ended August 31, 2004.
Worthington Industries Closes Purchase of Western Cylinder Assets
21 September 2004 - Worthington Industries, Inc. announced that it has completed its previously announced purchase of the propane and specialty gas cylinder assets of Western Industries, Inc.
Worthington to Acquire Cylinder Assets of Western Industries
03 September 2004 - Worthington Industries, Inc. has signed a purchase agreement to acquire the propane and specialty gas cylinder assets of Western Industries, Inc.
Nucor Closes Deal on Worthington Cold Mill
04 August 2004 - Nucor Corp. announced that it has closed on the purchase of Worthington Industries’ cold rolling mill in Decatur, Ala., for a cash purchase price of approximately $80 million.
Worthington Closes Sale of Decatur Cold Mill to Nucor
03 August 2004 - Worthington Industries, Inc. has completed the previously announced sale of its Decatur, Ala., cold rolling assets to Nucor Corp., effective August 1, 2004.
Worthington Industries Founder to Diversify Portfolio
02 July 2004 - Worthington Industries, Inc. announced that Founder and Chairman Emeritus, John H. McConnell, 81, has approved a plan to sell up to 1.5 million common shares of Worthington Industries held by his family's corporation, JDEL, Inc.
Worthington Reports Record Fiscal Year Results
24 June 2004 - Worthington Industries, Inc. reported net earnings of $39.4 million on record sales of $782.9 million and net earnings of $86.8 million on record sales of $2,379.1 million for the three and twelve month periods ended May 31, 2004, respectively.
Dietrich Metal Framing Explores Joint Venture with Encore Coils
15 June 2004 - Dietrich Metal Framing announced that it is in discussions with Encore Coils about the possibility of forming a Canadian metal framing joint venture.
