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Worthington Steel is a publicly traded (NYSE:WS) steel processing company headquartered in Columbus, Ohio.Worthington Steel is an independent, intermediate processor of carbon flat-rolled steel in the United States, purchasing steel from integrated steel mills and mini-mills and custom processing it in areas such as type, length, width, thickness, shape and surface quality. [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 ...
John P. McConnell began his career at Worthington in 1975 as a general laborer in a Louisville, Kentucky steel plant. He also worked as a sales representative for two of Worthington's divisions. McConnell served as corporate personnel director and has been instrumental in administering the company's highly recognized employee-based policies. [1]
Worthington's (WOR) buyout of a majority stake in JV, Samuel Steel Pickling, and subsequent integration of Heidtman Steel's Cleveland facility to the venture will likely enhance growth opportunities.
Technology in general, and automation in particular, tends to exert pressure against laborer-type job creation, with the lowest-skilled positions being most at risk. For example, so-called labor gangs, groups of men assigned to shoveling or other manual tasks, are not employed nearly as much as they used to be, especially in developed economies.
In 1967, the parent company Buckeye International, Inc. was formed, and then was acquired in 1980 by Worthington Industries through a stock merger. Worthington sold Buckeye Steel in 1999, but it went bankrupt in 2002.