COLUMBUS, OH – May 17, 2017 -- Worthington Industries, Inc. (NYSE: WOR) announced today that it has earned recognition as a Partner-level supplier for 2016 and was inducted into the Supplier Hall of Fame in the John Deere Achieving Excellence Program. Hall of Fame status is given after a supplier attains a Partner-level rating for five consecutive years. The Partner-level status is Deere & Company’s highest supplier rating. Worthington was selected for this honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement.
“We are extremely proud to be inducted into John Deere’s Hall of Fame,” said John Lamprinakos, president of Worthington Industries Steel Processing. “Achieving this five-year milestone is a great testament to the dedication our employees have to deliver top quality and service, while finding new ways to improve each year.” Lamprinakos joined employees from Worthington’s dedicated John Deere account team to accept the recognition on April 18 during formal ceremonies held in Bettendorf, Iowa.
Worthington Industries is a supplier of hot-rolled and cold-rolled cut-to-length steel sheets to John Deere Harvester Works in East Moline, Ill., and John Deere Ottumwa Works in Ottumwa, Iowa, for the fabrication and assembly of combine harvesters and hay and forage equipment.
Suppliers who participate in the Achieving Excellence Program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support and wavelength, which is a measure of responsiveness. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.
About Worthington Industries
Worthington Industries is a leading global diversified metals manufacturing company with 2016 fiscal year sales of $2.8 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 industrial gas and cryogenic applications, CNG and LNG storage, Cryogenic transportation and storage and alternative fuel tanks, oil and 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. Worthington employs approximately 10,000 people and operates 80 facilities in 11 countries.
Founded in 1955, the Company operates under a long-standing corporate philosophy rooted in the golden rule. Earning money for its shareholders is the first corporate goal. This philosophy serves as the basis for an unwavering commitment to the customer, supplier, and shareholder, and as the Company’s foundation for one of the strongest employee-employer partnerships in American industry.
Safe Harbor Statement
The company wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 ("the Act"). Statements by the company which are not historical information constitute "forward looking statements" within the meaning of the Act. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected. Factors that could cause actual results to differ materially include risks described from time to time in the company's filings with the Securities and Exchange Commission.