| Business Summary | | Worthington
Industries,
Inc.
is
a
diversified
steel
processor
that
focuses
on
steel
processing
and
metals-related
businesses.
It
operates
40
facilities
worldwide
and
holds
equity
positions
in
seven
joint
ventures,
which
operate
15
facilities
worldwide.
For
fiscal
2000,
the
Company's
operations
are
reported
principally
in
three
business
segments:
Processed
Steel
Products,
Metal
Framing
and
Pressure
Cylinders. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Worthington
Industries
is
a
diversified
steel
processor
that
focuses
on
steel
processing
and
metals-related
businesses
with
three
principal
segments:
Processed
Steel
Products,
Metal
Framing
and
Pressure
Cylinders.
For
the
fiscal
year
ended
5/31/01,
net
sales
fell
7%
to
$1.83
billion.
Net
income
fell
62%
to
$35.6
million.
Results
reflect
reduced
demand
for
processed
steel
from
the
automotive
sector,
lower
margins
and
$6.5
million
in
restructuring
charges. | More
from
Market Guide: Significant
Developments |
| | | John
P. McConnell,
Chmn./CEO John
S. Christie,
Pres./COO John
T. Baldwin,
VP/CFO Richard
G. Welch,
Contr. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|