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Worthington Industries (NYSE: WOR) completed the planned separation of its Steel Processing business on December 1, 2023. As a result of the tax-free separation, two standalone, publicly traded companies known as Worthington Enterprises and Worthington Steel today capitalize on differentiated growth and value-creation strategies to generate returns for shareholders.
Both companies operate by Worthington Industries’ Founder John H. McConnell’s Philosophy rooted in the Golden Rule, with an emphasis on valued employees, continuous improvement and innovation.
To learn more about the separation, click here.