accepts a $73,011.98 check from Worthington Regional Health Care Foundation Executive Director Jeff Rotert on April 30 for the March Food and Donation Campaign
Manna Food Pantry met the $25,000 matching grant awarded by the foundation
the Foundation awarded an additional $15,000 grant
Food and cash donations are accepted throughout the year by the Food Shelf
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Momentum78.98Growth10.91Quality68.55Value52.35Price TrendShortMediumLongOverviewAcross the recent three months
4 analysts have shared their insights on Worthington Enterprises WOR
expressing a variety of opinions spanning from bullish to bearish
the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months
Insights from analysts' 12-month price targets are revealed
with the current average reflecting a 14.21% increase from the previous average price target of $49.25
A clear picture of Worthington Enterprises's perception among financial experts is painted with a thorough analysis of recent analyst actions
and adjustments to ratings and price targets
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Worthington Enterprises's market position
Stay informed and make well-informed decisions with our Ratings Table
Stay up to date on Worthington Enterprises analyst ratings.
Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers
outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets
including ceiling suspension systems and light gauge metal framing products
as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating
It operates under two reportable operating segments: Consumer Products and Building Products
It derives majority of the revenue from Building Products segment
Market Capitalization Analysis: The company's market capitalization is below the industry average
suggesting that it is relatively smaller compared to peers
including perceived growth potential or operational scale
Revenue Challenges: Worthington Enterprises's revenue growth over 3M faced difficulties
the company experienced a decline of approximately -3.86%
This indicates a decrease in top-line earnings
When compared to others in the Industrials sector
achieving a growth rate lower than the average among peers
Net Margin: The company's net margin is a standout performer
the company showcases strong profitability and effective cost control
Return on Equity (ROE): Worthington Enterprises's ROE excels beyond industry benchmarks
This signifies robust financial management and efficient use of shareholder equity capital
Return on Assets (ROA): The company's ROA is a standout performer
the company showcases effective utilization of assets
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms
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The Granville girls and Watkins Memorial boys track teams each won four events and took third in the team standings May 3 during Thomas Worthington’s Gary Smith Invitational
Tory Reynolds covered a distance of 15 feet
4¾ inches to win the long jump for the Granville girls
Grace Largent and Charlotte Turner on the winning 400 relay
crossing in a time of 52.21 seconds as the Blue Aces totaled 99 points
trailing the host Cardinals’ 119.5 and Dublin Coffman’s 107
and Leyah Cook matched her in the high jump (5-1)
Taking runner-up were Clara Bethel in the 200 (28.28) and Sophia Poling in the 1,600 (5:20.85) for Granville
Watkins’ Ellah Bigham took runner-up in the 400 (1:03.35)
Ray Hardiman and Joe McIntosh won the 400 relay (44.35)
trailing Gahanna’s 128 and the host Cardinals’ 103
Blankenship also won the 300 hurdles (41.81)
and matching him were Apel in the 400 (50.72) and Ethan Martinez in the high jump (6-0)
Adding runner-up finishes for the Warriors were McIntosh in the 100 (11.46) and John Apel in the 200 (23.46)
On May 5, 2025, Canaccord Genuity upgraded Worthington Enterprises (WOR, Financial) to a 'Buy' rating from its previous 'Hold' status
This upgrade highlights the increased confidence in the company's future performance
Analyst Brian McNamara, representing Canaccord Genuity, also raised the price target for Worthington Enterprises (WOR, Financial) from $54.00 to $67.00
This adjustment represents a 24.07% increase
indicating a positive outlook for the value of the stock
Investors and market participants are taking note of these changes as they suggest significant potential for growth in Worthington Enterprises (WOR, Financial)
The revised price target reflects a clear upward momentum in the company's stock valuation
Based on the consensus recommendation from 4 brokerage firms, Worthington Enterprises Inc's (WOR, Financial) average brokerage recommendation is currently 3.0
This story has been updated to correct the location of Worthington Steel's current headquarters and to add information about Worthington Enterprises' plans
Worthington Steel is moving its headquarters from its namesake city of Worthington to the Easton area after purchasing an office building there
Worthington Steel acquired an office building at 3344 Morse Crossing south of Easton Town Center for $7.75 million
according to Franklin County Auditor records
Worthington Steel told The Dispatch that it plans to move 400 of its approximate 5,000 employees to the Easton location in 2026
"We are excited about having a new home for our business and employees to grow," the company said in a statement to The Dispatch
Worthington Steel's headquarters is at 100 West Old Wilson Bridge Road in Worthington
In 2023, Worthington Industries split into two companies — Worthington Steel and Worthington Enterprises — both headquartered at the same Worthington location
While Worthington Steel oversees steel processing
Worthington Enterprises focuses on the company's building and consumer products
Worthington Enterprises "has no plans to leave its headquarters building in Worthington," said Senior Vice President Sonya Higginbotham
Worthington Steel has begun the process of establishing its own headquarters
Worthington Area Chamber of Commerce President Matt Lofy said in a statement on the Chamber's website that he wants to "express our urgent concern over the announcement of Worthington Steel and its impact on our community." Worthington Steel and Worthington Enterprises are the largest employers in the Worthington area and among the largest in the region
"While we respect their business decision and thank them for their countless contributions to our community
this moment calls for immediate action," Lofy said
Lofy said that Worthington "must evolve to meet regional demands and compete with our central Ohio counterparts."
"We cannot risk further business losses like this," Lofy said
"Worthington must remain a thriving business community
This recent loss highlights the need for decisive action."
Cole Behrens covers K-12 education and school districts in central Ohio
Contact Cole at cbehrens@dispatch.com or connect with him on X at @Colebehr_report
(Madison) Worthington are pending with the Price-McElroy Funeral Home in Kenton
Written by: bbyrne
WKTN is a locally owned and operated radio station broadcasting from Kenton
Our broadcast covers Hardin County and into Allen
and Wyandot Counties including a majority of communities within
First Trust Advisors LP acquired a new stake in Worthington Steel, Inc. (NYSE:WS - Free Report) during the 4th quarter
according to the company in its most recent filing with the Securities and Exchange Commission
The fund acquired 116,466 shares of the company's stock
First Trust Advisors LP owned 0.23% of Worthington Steel at the end of the most recent quarter
Other hedge funds and other institutional investors also recently bought and sold shares of the company
Proficio Capital Partners LLC acquired a new position in shares of Worthington Steel in the fourth quarter worth $649,000
raised its holdings in Worthington Steel by 46.0% in the third quarter
now owns 85,141 shares of the company's stock valued at $2,896,000 after acquiring an additional 26,809 shares in the last quarter
Handelsbanken Fonder AB lifted its stake in Worthington Steel by 23.7% in the fourth quarter
Handelsbanken Fonder AB now owns 9,916 shares of the company's stock worth $316,000 after acquiring an additional 1,900 shares during the last quarter
New York State Teachers Retirement System grew its holdings in Worthington Steel by 2.3% during the 4th quarter
New York State Teachers Retirement System now owns 65,974 shares of the company's stock worth $2,099,000 after acquiring an additional 1,487 shares in the last quarter
Barclays PLC increased its position in shares of Worthington Steel by 317.9% in the 3rd quarter
Barclays PLC now owns 50,010 shares of the company's stock valued at $1,701,000 after purchasing an additional 38,043 shares during the last quarter
45.41% of the stock is currently owned by hedge funds and other institutional investors
KeyCorp dropped their target price on Worthington Steel from $41.00 to $34.00 and set an "overweight" rating on the stock in a report on Friday
View Our Latest Stock Report on Worthington Steel
WS stock traded down $0.39 during trading on Monday
101,877 shares of the company's stock were exchanged
The stock has a market capitalization of $1.33 billion
a price-to-earnings ratio of 9.18 and a beta of 1.98
has a 52-week low of $21.30 and a 52-week high of $47.19
The business has a 50-day moving average price of $25.35 and a two-hundred day moving average price of $32.00
Worthington Steel (NYSE:WS - Get Free Report) last issued its earnings results on Wednesday
The company reported $0.35 earnings per share (EPS) for the quarter
missing the consensus estimate of $0.67 by ($0.32)
The company had revenue of $687.40 million during the quarter
compared to analyst estimates of $732.00 million
Worthington Steel had a net margin of 4.36% and a return on equity of 12.59%
The company's quarterly revenue was down 14.7% on a year-over-year basis
During the same quarter in the previous year
equities research analysts anticipate that Worthington Steel
will post 2.26 earnings per share for the current fiscal year
The company also recently announced a quarterly dividend
June 13th will be given a dividend of $0.16 per share
This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.45%
Worthington Steel's dividend payout ratio (DPR) is currently 29.91%
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Mary was raised and educated in McDonough County and graduated from Prairie City High School in 1945
She later graduated from Western Illinois University Teacher’s College
Mary married Emmerson Kenneth Worthington on September 26
IL; he preceded her in death on December 21
Mary began her career as a teacher at Crawford School in Warren County before dedicating herself full-time to raising her family and supporting her husband on their family farm
A woman of deep faith and community spirit
she devoted countless hours to Swan Creek United Methodist Church
where she was a longtime and active member
Her commitment to service extended beyond the church; she was also a proud and dedicated member of the Daughters of the American Revolution
where she was honored with the title of Honorary Chapter Regent in recognition of her many years of involvement and leadership
Mary had a lifelong passion for genealogy and spent years researching her family’s history with great enthusiasm and care
She also found joy in tending her garden and was a voracious reader throughout her life
Mary’s greatest pride and joy was her family
and great-grandmother—affectionately known as “GiGi”—whose warmth
and unwavering support will be deeply missed by all who knew her
Melissa (Huston) Martin and Lauren (VanderBroek) Stice; her great granddaughter
Aubrey Elizabeth Knepler; her great grandson
Job Malachi Fargione; and numerous brothers and sisters in law
2025 at McGuire & Davies Funeral Home and Crematory
Memorials can be made to the Swan Creek United Methodist Church or a charity of the donor’s choice
McGuire & Davies Funeral Home and Crematory is in charge of the arrangements
McGuire & Davies Funeral Home and Crematory
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passed away peacefully at home on April 27
the daughter of Allen and Violet (Anderson) Schmidt. Janene is survived by her husband
SD; her daughters Rachel van Huyssteen (Quintin; children: Kierra
and Stephanie Appel (Jeremy; child: Julie) of Bigelow
MN; her sons Kenny Winters (Michaela; children: Violet and Elena) of Waukesha
WI; her sister Jill Ver Mulm (Roger; children: Ashlee and Ryan) of Sioux Center
IA; her brother David Schmidt (Dayna; children: Abby and Emily) of Spencer
IA; Bentley (daughter of Ashlee) and Shelby (spouse of Ryan); her Aunt Janet Hundertmark (Ginger) of Mesa
who died in infancy.A Visitation will be held Thursday
with "Sharing of Memories" starting at 6 PM
at American Reformed Church with Pastor James Albrecht officiating
the family invites you to join them for a lunch reception at Duffer's Bar & Grill
A longer obituary can be found at www.heritagesfsd.com
Canaccord has raised its recommendation for Worthington (WOR, Financial) to a "Buy" from a previous "Hold" and has increased its price target to $67
The firm highlights the company's strong position in domestic manufacturing
which is crucial in today's challenging tariff environment
marked by its fifth consecutive "clean" quarter in March
alongside its strategic manufacturing and sourcing advantages
the firm has revised its estimates for the company
reflecting its positive outlook on Worthington's future performance
For the complete transcript of the earnings call, please refer to the full earnings call transcript
He was born with cerebral palsy and was physically handicapped
David's parents were told by his doctors that he would not live past the age of 15
and Alice on the family farm north of Ellsworth
a baby sister (Judy) would join their family
MANKATO — Worthington Intermediate School fourth grader Annabelle Kremer earned second place for her biology project at the Regional Elementary School Science and Engineering Fair recently held at Minnesota State University-Mankato
There were 13 booths/projects of fourth grade students competing in the biology area of the regional competition
Other Worthington District 518 students in the science and engineering fair included Brady Schulz
the students were required to choose a topic to research with a question or problem
and develop a conclusion based on the project’s data
Then they put together a project board and other data to show their efforts in the question/problem conclusion
WORTHINGTON — Worthington is one step closer to achieving its comprehensive plan as Kuepers Construction will begin construction this summer on two apartment buildings along the south edge of town
The development will be called South Shore Apartments
the family-developed construction company will construct two 38-unit apartment buildings to house a combination of studio
The buildings will be located on a parcel west of Plotts Avenue and north of U.S
The project will have an estimated completion date of August-September 2026
Also included in the project is the construction of a new street
and outdoor apartment amenities including a pickleball court and a playground
president of construction for Kuepers Construction
said the company approached the city of Worthington with the project
“Worthington just made sense,” Kuepers said
“I'd driven through multiple times in my travels down to Sioux City
and I think I was sitting at the gas station for about the fourth time filling up my car with gas and looking at that field and thinking that it's amazingly close to downtown Worthington right where it's at
It just kinda organically came over the course of three or four years."
Kuepers said their company had the land under a purchase agreement before talking with the city
"We contacted them after we'd already done some preliminary plans and worked on it," he shared
"I would say they were pleasantly surprised and the city had just updated its comprehensive plan not too long ago
I think they're pretty happy that we (will proceed with the project) and we're happy that they're happy they want us.”
Kuepers said while the plans aren’t completely set in stone
there is potential on the site to construct two more apartment buildings
City Planner Matt Selof said the addition of housing is more than welcomed in Worthington
“It's nice to see the private market responding to the housing need here without the city really needing to step in and try to incentivize it,” Selof said
“The city is obviously still facing a shortage in other areas — starter homes
but this certainly helps one of our biggest areas of need."
Selof said the two planned apartment buildings will "make a big dent" in the city's need for market rate rental housing
"It's nice to finally see a project that's really needed in the community come to fruition
especially without a lot of help from the city,” he said
Kuepers agreed that such a project is long overdue for the community
“It's gonna bring great options for market rate housing flexibility,” Kuepers said
“You're gonna have the ability for seniors to live in a place that's very nice and not have to worry about maintenance and other expenses
You're also gonna have young families moving into the area and they’ll have some options before they gotta dive in and buy a house or figure out where and what they wanna do for living arrangements
"I just think there's gonna be a ton of flexibility
a kind of flexibility Worthington hasn’t had in a while," he added
"I think the city of Worthington's overdue.”
Worthington Kilbourne lacrosse player Rylee Steinbeck is the Ohio State University Wexner Medical Center Athlete of the Week for April 21-27
Steinbeck scored eight goals and played outstanding defense in wins over Westerville North and Thomas Worthington
Steinbeck received 55.2% of the vote and was followed by Upper Arlington softball player Ava Brown
and DeSales tennis player Gabe Arbona (4.86%)
Brown batted .727 with eight hits and had a .909 slugging percentage while scoring five runs and hitting two doubles in three games
Arbona went 2-0 at first singles to improve to 9-0 on the season and teamed with Jonah Abad to win the first doubles championship of the Grove City Doubles Invitational
Also nominated were Olentangy Liberty softball player Izzy Matteo
Highland softball player Lydia Shaffer and St
The Athlete of the Week voting recognizes athletes across all sports
Nominations are due Monday mornings for competitions that took place the previous week
Anyone can nominate an athlete by email to bwhite1@dispatch.com or through X (formerly Twitter) tagging @BrianWhite13
Once athletes win during the regular season
they're not eligible to be back on the ballot until the postseason
Athletes who have not been a recipient of one of the weekly awards can be nominated more than once
Have any questions? Email sports editor Brian White at bwhite1@dispatch.com
WORTHINGTON — Anytime Fitness has found a new home on Oxford Street in Worthington, where it reopened April 4 after being located on Ryan’s Road for several years. The fitness center's new space is located in the building that formerly housed CarQuest. Open 24/7 to members, the space offers exercise equipment to members, in addition to one-on-one and small group personal training,
Owner Amanda Brandts said the previous space was too small to accommodate its needs, which are now being met in its new location.
“I think it's awesome having a bigger space,” she shared. "The members, I would say, are very appreciative of having more space. We wanted to make the space larger and we have been looking for a building since 2018. Our other space was so restrictive. This was kind of the only option we found that had the space and parking that we needed.
"Before, you just felt like you were sitting on top of each other when you were working out," she added. "Now we’ve been able to add some new pieces that we've kind of always wanted to add but never had the space for. I think it definitely makes it more inviting, to be more spaced out.”
Converting the space into a personal fitness center was not without its challenges.
“It was a large undertaking as this was very compartmentalized before, we couldn't really use anything original from the old facility,” Brandts said. “It was a complete overhaul of just about everything, opening it up and then putting all new fresh materials in here.”
Brandts said with a bigger space, there is a growing usage of the space.
“We've always had a strong weightlifting community but now, we're getting a mixed bag of different choices,” she said. “Some people wanna do their cardio exercise, some wanna come meet our trainer, which has been (bringing in) a larger influx of inquiries about personal training than I think we've ever received. Now there's actually room to train.”
Manager Tammy Roos said the reviews on the new location from users are glowing.
“They love it. It's fantastic and much overdue. They're thrilled,” she said. “They feel like Worthington finally has a real gym, it feels like what you would see in a bigger community. It's just very nice.”
Brandts said she is excited by what Anytime Fitness’s new location has to offer not only its members but the Worthington community at large.
“We'd love to be able to also start going toward really helping people like one on one with their health and wellness goals,” she said. “We want it to be a comfortable location for people to come and work out. That's kind of the point of wanting it to be a bigger space, so that people feel like they have space to do what they need to do to get healthy and feel welcomed.”
WORTHINGTON — The Worthington City Council denied a Planned Unit Development (PUD) amendment by a 3-2 vote during its meeting Monday. The amendment called for a reduction from the existing 30-foot setback requirement to a 20-foot setback requirement in PUD Development #9. The area is zoned as Resident 1(R-1) District.
The amendment would have affected the homes of Efrain Patino — who sought the setback change — and a nearby Pinwood Drive Property. The issue appeared before the Worthington Planning Commission two weeks ago, with Patino's request to construct a 40- by 50-foot addition on his home’s north end.
Councilwoman Amy Ernst, who joined councilmen Dennis Weber and Larry Jansen in voting against the amendment, said this is not the first time an amendment like this had made its way to the council.
“We considered a lot line situation a few months ago (regarding a variance request brought forward by Rick Heidebrink) and I was for that. The rest of the council was against it and that’s the direction that we went in. This feels like something very similar to that,” she noted. “If we would have unanimously voted or the majority voted for the other one, I can see why this would be a yes, but since we didn't vote for that other one, I don't know how we could vote for this one.
"It’s a somewhat unique property on both of them, this is a PUD (amendment) versus a variance, but I don't see how we can say no to Heidebrink’s and say yes to this one," she added. "We had no opposition to that one and on this one, we have some opposition.”
Some councilmen argued this amendment request was entirely different from the variance request.
“I know why we can say no to Heidebrink’s because he'd go on within the 10-foot setback on both sides,” said Councilman Mike Kuhle, who voted in favor of the amendment. “On this one here, it’d be 20 feet on one side, 10 feet on the other. That would still be between the buildings. On Heidebrink’s, those were based on safety reasons and fire reasons, to get equipment between the buildings. That's only still keeping a 30-foot distance between properties and structures.”
“I understand the concern that was voiced to the planning commission regarding noise concerns. However, this lot is unique in that it's kinda got two abutting, large sizable setbacks,” Councilman Chris Kielblock said in his vote supporting the amendment. “I know there's also concerns about the overall size of the building for the neighborhood and the lot itself but with this exception, it's still something that's permitted within the PUD.”
WORTHINGTON — With spring cleaning also often comes spring home remodeling. For home remodeling businesses in the area, there has been a noticeable spike in business as spring weather arrives.
Tyler Stugelmeyer, one of Hometown Floors and More’s founders and owners, said their new store is very busy helping customers not just from Worthington, but for homeowners in communities around Lake Shetek in Murray County as well.
Just as the seasons change, so do home remodeling trends.
With their first child on the way, this spring seemed to be the perfect time for Mark and McKenzie Ferguson to breathe new life into their Worthington home with help of Hometown Floors and More.
“Honestly, (we’ve wanted to do something different and new with our home) ever since we purchased our home about four and-a-half years ago,” McKenzie shared. “It's been quite some time, but we decided to finally do it just this past winter. We are having our first baby, so we decided it was time to get some updates done.”
She said their home is getting more than just a simple reflooring.
Ferguson said going with Hometown Floors and More for their remodel was a choice that just felt right for them.
“We've actually known Tyler (Stugelmeyer) for a little while. He's a friend of ours, so working with him was really easy,” she said. “It was really nice just to feel like we were on a personal level with him. He was able to be very upfront with us and transparent about things and give us his professional opinion but then also, with him being a friend, he’s also been giving us his advice on what would be best from what he's seen professionally too.”
As the Fergusons’ next chapter in their life is just around the corner, McKenzie said the remodels will be beneficial to their growing family.
demonstrate outside of the plant in Worthington on Thursday
The union is negotiating with the plant over a new contract.Jackson Forderer for MPR NewsPlayListenJBS Worthington plant workers demand safer work conditionsGo Deeper.CloseCreate an account or log in to save stories
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They carried signs and demanded safer work conditions at the pork plant
this was the first march outside of the JBS plant in over a decade,” said Ruth Schultz
meatpacking director of the Local UFCW 663
“It was the most workers who have come together to take action about workplace issues with their union in a decade
and so we are hopeful that all the workers and JBS see that this is an issue that many workers care deeply about.”
JBS Food Plant workers demonstrate outside of the plant in Worthington as the union's contact with the plant expires June 1 and increasing the speed of processing looms as a key issue.Jackson Forderer for MPR NewsMore than 1,000 hogs an hour are sliced into different cuts of meat on production lines at JBS
which represents the Worthington JBS employees
wants to include line speeds in contract talks
They’re also pushing for additional training and other safety measures
as well as higher wages for what they say is already dangerous work
Their demands come as the Trump administration is moving forward with plans to allow pork and poultry processing plants to speed up production
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Turn up your support for this public resource and keep trusted journalism accessible to all
Department of Agriculture extended waivers for increased speeds while also moving to make the increases permanent
The federal agency also said it would stop requiring plants to submit worker safety data
though it still requires companies to report injuries to the Occupational Safety and Health Administration
JBS Foods Plant workers demonstrate outside of the facility in Worthington
Roughly 200 people participated in the demonstration for the Local 663 union as they look to negotiate a new contact with the pork processing plant.Jackson Forderer for MPR NewsWorkers at Minnesota meat processing plants say current line speeds already cause repetitive stress injuries
which are conditions that are caused from the same body movements that are repeated over a period of time to joints
They worry faster line speeds will cause more injuries and affect food safety
Diana Rodriguez has been working the ham line at JBS for two years
She experienced pain in her hands and muscles
Rodriguez said through a translator how this was common among her fellow workers
exercising our wrists trying to make that pain go away and make our hand feel better for when we have to go back,” Rodriguez said through a translator
JBS said the company is actively trying to negotiate but claims the workers’ union is refusing to come to the bargaining table
JBS also says it has requested specific information about safety concerns but says the union has only provided vague responses
Lori Stevermer of the National Pork Producers Council said before allowing for increased line speeds, the USDA studied meat plant safety and found no direct link between worker injuries and faster line speeds.
“They did come to the conclusion that the line speeds were not a leading factor in worker injury,” she said. “So why is that important to us as a pork industry? If these line speeds were to slow down, that would reduce the capacity in our industry.”
But the study did show that a higher “piece rate” did correlate with injuries.
Diana Rodriguez said that she has injuries from working at JBS Foods Plant in Worthington and her supervisors have yet to address her injuries.Jackson Forderer for MPR NewsDon Stull, professor emeritus of anthropology at the University of Kansas, has studied the meat and poultry industry since 1987. He said meat and poultry processing is one the most dangerous industries in the United States, with injury rates double or more the national average for manufacturing overall.
“That means each worker stands at a particular spot, and she or he does a particular activity hundreds or thousands of times an hour, all day long,” Stull said. “They are engaged in repetitive motion thousands of times every day, and so that generates chronic illnesses like carpal tunnel, carpal tunnel syndrome, trigger finger and other kinds of repetitive motion injuries. There can be acute injuries. People slip and fall. They may be cut by a knife or saw.”
Line speeds have increased significantly over the last few decades, according to Stull. He said in the poultry industry the rate of birds processed per minute was about 90 in the late ‘80s and early ‘90s. Now it’s 140 birds a minute.
Hugo Chlil hugs his daughter Adia Chlil, 2, outside of the JBS Foods Plant as workers demonstrate.Jackson Forderer for MPR NewsStull said the current maximum rate of 1,106 hogs per hour means the pigs are “whizzing by on the line.”
“Some of the line speed is taken up by mechanization, so you have robotics and other mechanization that can assist in increasing line speed,” Stull said. “But still, animals are not widgets, they vary in size and shape from individual to individual, and you need a lot of people, a lot of workers doing the job.”
However, with the USDA under the current Trump administration, Stull said the union’s likely going to have a difficult time negotiating for slower line speeds and safer working conditions—especially in the meatpacking industry that’s overall anti-union.
“The Trump administration is definitely not going to take the position of the workers,” he said. “It will certainly support the packers in any kind of conflict between management, ownership and labor.”
The cost of new arena is projected at $21 million.
The Worthington City Council approved a $5 million contribution toward a new community ice arena Monday night, but the decision has left supporters feeling that they face a “very, very tall task” to raise the remaining millions needed for the estimated $21 million project.
In a 4-1 vote, council members approved the $5 million contribution and stipulated that the funds have a sunset date at the end of the year. It’s a pledge that falls short of the $8 million hoped for by supporters of a new ice rink, about 40 of whom gathered at the standing-room-only meeting.
“We have a lot of money that we have to try to fundraise in eight months,” said Jason Johnson, a board member for the Worthington Hockey Association. “It’s going to be a very, very tall task.”
The school district has offered to pitch in $5 million, but only for a new facility.
The city’s current hockey arena, which opened in 1989, is past its expected lifespan, Johnson said in an interview Wednesday. He said the facility lacks a dehumidification system and a working heating system, and there have been multiple costly breaks in the main cooling lines in recent years.
He also said the rink struggles to meet demand, with the hockey association turning away teams from recent tournaments and youth practices during double-header varsity games due to lack of space.
During Monday’s meeting, the council considered several options. One involved a completely new 48,000-square-foot facility, at an estimated cost of about $21 million, with an NHL-sized rink and seating for 750.
Another option involved major renovations to the current facility, at a cost of about $11 million. And a third option would just repair critical components of the ice rink and refrigeration system, at a cost of about $6.7 million.
Several council members at Monday’s meeting expressed concerns about the costs of a new facility. Councilman Chris Kielblock voiced a preference for the $11 million renovation, believing it offered “more bang for our buck”.
Councilman Mike Kuhle stated his “red line” was $5 million, saying they needed to be “responsible stewards of the taxpayers’ money.”
He suggested that the city might contribute future sales tax revenue, potentially up to $2 million, if other public entities also “step up” with funds of their own.
Councilwoman Amy Ernst said the public feedback she received strongly favored a new facility, and she supported the council investing $8 million to the project.
“Committing only $5 million will essentially be telling everyone that we aren’t fully committed to making this project happen,” Ernst said at the meeting.
In an interview Wednesday, Ernst said it wasn’t clear what fundraising milestones might trigger additional city investment, but her understanding is the hockey association needs to show progress in its fundraising efforts.
Johnson, the board member on Worthington’s hockey association, said they’ve raised about $900,000 so far.
With the clock ticking on the city’s $5 million commitment, the hockey association says the volunteer group will have to knock on a lot of doors and make a lot of calls to raise the rest of the money by the end of the year.
“We tell our kids that they have to hustle,” Johnson said. “Now it’s our time as adults to hustle.”
Jp Lawrence is a reporter for the Star Tribune covering southwest Minnesota.
Mankato
The university will go from 306 academic offerings to 216
About 90 people marched through Redwood Falls
where Mato Dow has been missing since 2017
On the city’s first night without an overnight homeless shelter
I wandered the streets with the city’s unhoused as they tried to stay awake and avoid jail and a $1,000 fine
Photo by Jake McNeill: Marshall shortstop Andrew Stelter (16) is greeted by teammates Chase Alcorn (11) and Liam Kruse after scoring a run in the third inning of Marshall's 10-0 win over Worthington in Big South Conference play on Tuesday at Legion Field in Marshall
MARSHALL — A home run from Josh Kraft and a pair of RBIs from Samuel Thor helped the Marshall baseball team capitalize on Liam Kruse’s pitching performance in a Big South Conference matchup against Worthington on Tuesday at Legion Field
The Tigers surged ahead with a total of six runs in the third and fourth innings
and held on from there for a 10-0 win in five innings
“We were good on the mound and we picked it up really well on the field
well-played game on defense,” Marshall head coach Chace Pollock said
Kraft hit an emphatic home run over the left-field wall to lead off the fourth inning
The homer was Kraft’s second of the season
“[Kraft] did that [hit for power] last year too
he led our team in hitting last year and it was a ball that was up in the zone and he went with it.”
The Tigers went on to tack on another pair of runs in the frame when Eli Alcorn was hit by a pitch and Deagan Maurice walked
Braxton Koster laid down a sacrifice bunt to score Eli Alcorn and Chase Alcorn doubled to right field to score Maurice
Kruse threw the first five scoreless innings of the game for Marshall
striking out eight batters while surrendering three singles and a walk
Eli Alcorn finished the game on the mound with a scoreless sixth inning
striking out two of the three batters he faced
Marshall first claimed the lead in the bottom of the third
The Trojans retired each of the inning’s first two batters
stole second and reached third base when Andrew Stelter reached on an error
Thor then drove a single into left field to score both runners
Maxwell Ostrem started the game for Worthington
giving up a pair of unearned runs on one hit and a walk over three innings
He got the ball on us quicker than we thought
and you could tell the first time through,” Pollock said
“We were fouling so many balls off and were late on them
Walks to Leyton Wherry and Koster and a Levi Maeyaert hit-by-pitch loaded the bases with one out for Marshall in the fifth
Chase Alcorn drilled a sacrifice fly to left field to score Wherry
and after the runners advanced into scoring position on a passed ball
Stelter hit a two-run single to score 9-0 in favor of the Tigers
Clayton Jones came up with the game-sealing hit with one out in the sixth
dropping a single into center field to drive in Tyson Louwagie to make the score 10-0 and trigger the mercy rule
It was Jones’ first game-winning hit
“[I was thinking about] just going up there
seeing a pitch that I like and swinging at it,” Jones said
Brayden Raymo gave up four earned runs on two hits and four walks while getting two outs
while Dalton Larson retired the lone batter he faced
Marshall improves to 8-1 on the season with the win and next hosts Waseca for a Big South doubleheader on Saturday
The first of the two games is slated to start at 11 a.m
– The Southwest Minnesota State University women’s golf team closed its season on Sunday ..
the Southwest Minnesota State University softball team is headed to the ..
Copyright © 2025 Ogden Newspapers of Minnesota
| https://www.marshallindependent.com | 508 W
WORTHINGTON — The Nobles County Library is open from 9 a.m
The library is closed Saturdays and Sundays
Please note: The Nobles County Libraries (Adrian and Worthington) are not accepting donations of items until further notice
Please do not leave donations outside of the building or put them in the book drops
Books for adults: “What We Find in the Dark: Loss
Hope and God’s Presence in Grief” by Aubrey Sampson
and “Those Who Stayed: a Vietnam Diary” by Claudia Krich
Books for children: “What Will Hatch” by Jennifer Ward
Please use the entrance on the south side of the Southwestern Minnesota Opportunity Council building
Join the Friends of the Library at the Historic Dayton House for social
Erin Makela presents Page Into the Past: 6:30 to 8 p.m
After School Programs: Stop by or call the children’s department at (507) 295-5346 to sign up your children
Children are responsible for their own ride to and from the library
Wednesday: Story Time (toddlers-preschoolers)
10 to 11 a.m.; Just Gurlz (girls grades 5-9)
at the Memorial Auditorium Performing Arts Center
WORTHINGTON — Construction on Fourth Avenue in downtown Worthington began April 22
and will alter routes for travelers through the summer
Under the same contract as last year’s Third Avenue reconstruction project with Ideal Construction
the project — with a price tag of just over $4 million — is being funded by Worthington Public Utilities through park assessments
Completion will see the installation of new water and sewer lines
City Engineer Hyunmyeong Goo said the project is long overdue
The water and sewer are about 100 years old,” he said
When we have to change the water and sewer
that means the street is taken apart as well
We try to schedule it at a similar time so we don't have to waste money on the street twice
If water and sewer can hold maybe a couple more years
then we just wait 'til the street gets wasted first and then we come and do the whole thing together and save some money.”
Goo said the project was brought on for the sake of easier upkeep
“It was more of a maintenance issue,” he said of the street’s water and sewer utilities
so the water department had to dig spots at the street on weekends
early mornings and outside of business hours
so hopefully we can be a lot smoother and faster this year (when it comes to) the staging and keeping the intersections open more efficiently
The contractors now know what's underground and what to expect every time they dig as there were a lot of abandoned utilities that we found and now we know how to handle those better.”
Goo said residents will not only notice the differences but benefit from them
“We're hoping to see that people enjoy (the area when it’s done),” he said
“The main point of the project was how people are gonna start utilizing the bump outs
there's a lot more clearance and safety factors for pedestrians to cross
There's going to be more space for people to sit and spend time
And the new underground utilities will be serving a longer lasting service
We're also planning on putting out public chairs
People can just sit there during the good weather events and spend more time out there.”
the Worthington City Council authorized a $5 million contribution toward the construction of a new ice arena
The donation comes with the caveat that the city can reconsider once the Worthington Hockey Association has completed a fundraising campaign
2025 end date for the fundraising campaign
Worthington ISD 518 has already agreed to contribute $5 million toward the project
The new arena — which has a price tag of $20.875 million — will include a single-sheet NHL-sized rink with seating capacity for 750
refrigeration plant and an ice resurfacing room
Other options proposed to the council were to remodel the existing arena
said the community is more than deserving of a larger donation than what was ultimately approved
In a recent questionnaire brought forth to the community on the possibility of a new arena
99 of the 105 participants voted in favor of a new arena
“We've encouraged people to reach out to us if they're for or against it and I believe that they have spoken
we have clearly been told the direction we should go,” Ernst told the council and the gallery filled with local citizens
“We've been directed by our constituents to help position the project for success
We need to look at what the city can contribute while looking at the big picture
I would encourage the council to consider investing $8 million to a new ice facility
We need to invest in our future and our future is right here
"We need to invest in the economy of Worthington
to be forward thinkers and not to be afraid to take a step forward," she continued
Committing only $5 million will essentially be telling everyone that we aren't fully committed to making this project happen
We need to believe in Worthington and show that belief by voting to help this project move forward
Agreeing to $8 million will show that belief.”
“I tend to agree with that as well,” Mayor Rick von Holdt added
“We've heard from a lot of people and they want to see what the city will do
I would even go with a $10 million donation for a two-sheet arena just for the fact that with building new
we're gonna have two sheets of ice right away until it comes out and this new building will accommodate that
especially with our property out by the interstate where it's got high visibility
Why did we expand our city if we're not going to use a property that we've got annexed in anyways
people that probably don't even do business or have businesses in town anyways.”
Those in opposition of a larger donation said the decision should be in the favor of Worthington’s taxpaying residents
we've heard from residents and the overwhelming response is
let's make it happen.’ But we need to also be responsible stewards of the taxpayers' money,” Councilman Mike Kuhle said
“My red line is $5 million from the tax levy
Depending on the support from the other public entities in town
I would look at additional funding from our sales tax process
I think if they get anywhere close within $2 million
it'd be a no-brainer for us to throw that at the project and that gets them closer
But I think it's high time that the rest of the public entities in this town step up and I think we all know who they are.”
Councilman Chris Kielblock said renovating and adding onto the existing arena is still a viable option
“I think we need to continue to hold on and remember what our end goal is to have an updated and long term viable facility that's gonna provide recreational opportunities for the Worthington residents,” he said
ice-based activity in the non-ice times of the year can be slow
I'm personally partial to a total remodel for $10.7 million
just because I think we get more bang for our buck
passed away peacefully at her home in Monroe
Nancy was a woman of many talents — a gifted musician
and mentor has impacted countless students
After earning her master’s degree in Music Education at the University of Arkansas
Nancy founded the string programs in both the Rogers
Arkansas public schools and several Monroe City Schools
inspiring generations of students who would go on to become accomplished violinists
and many remained in contact with her throughout their lives — a testament to the love and dedication she poured into teaching
Nancy’s role as a performer was equally remarkable
she served as Assistant Concertmaster of the Monroe Symphony Orchestra for 45 years
She also played first violin with several prestigious ensembles
Louis Philharmonic Symphony and the Jackson Symphony Orchestra
and deep emotional expression made her a treasured presence on every stage she graced
Richard “Doc” Worthington — founder of the Monroe Symphony Orchestra — from 1973 until his passing
Their love story was one of deep mutual respect and a shared passion for music and community
They were true partners in every sense — in life
and in spirit — and were rarely seen apart
and their bond left a lasting impact on the Monroe arts community
Her love for animals and her adventurous spirit led her to care for several beloved cats and to embrace hobbies such as cooking
serving as a captain in the Civil Air Patrol
Nancy was a devoted member of Grace Episcopal Church in Monroe
and was a dedicated member of the Order of the Daughters of the King
Her faith was a central part of her life and a source of great comfort and joy
She also served her community through the Monroe Downtown Lions Club
where she shared her musical gifts by playing violin and piano at meetings
Cyndi Hargrove and her husband Tim; her loving sister
and Ian Hargrove and his wife Davina; her cherished great-grandson
Andrew Hargrove; the family of her late husband
Richard Worthington; and many beloved cousins and extended family
She will be remembered for her extraordinary musical gifts
A memorial service will be held at 2:00 pm on September 20
with interment in the columbarium following the service
· The Monroe Symphony Orchestra P.O
· The Grace Episcopal Church Choir 405 Glenmar Avenue
· The Richard and Nancy Worthington Band Scholarship Fund J
William Fulbright College of Arts & Sciences The University of Arkansas 525 Old Main Avenue
Last year was a year of firsts for Worthington Steel. After being spun out from Worthington Industries Inc
the metals processor began to focus on strategic priorities to create
“superior long-term shareholder value.” That included a first earnings report
a first board meeting and a first investor call
Plenty of change comes with a separation of this magnitude involving a publicly traded company (NYSE: WS) with 4,500 employees and 31 facilities in seven states and five countries. A new leadership team had to be assembled
and the information technology system had to be separated from the legacy company so it could stand on its own
What didn’t change as the transition occurred was the culture established by Worthington Industries founder John H
McConnell through his “Golden Rule” philosophy: “We treat our customers
investors and suppliers as we would like to be treated.” This was a key mandate of Worthington Steel President and CEO Geoff Gilmore
“It’s embedded in everything we do. It’s the bedrock of our culture,” Gilmore says. “So much so that still, to this very day, [new employees] are given a philosophy card and a copy of his book, “Our Golden Rule.” That education starts on day No
Gilmore previously served as Worthington Industries’ executive vice president and chief operating officer
he brought with him several employees with deep experience at the legacy company
which became Worthington Enterprises (NYSE: WOR) after the split
allowed the Golden Rule culture to be easily adopted at the steel business and gave these professionals a chance to take on increased responsibilities and grow their careers
“2024 was an exciting time announcing some of these acquisitions and having organic growth,” Gilmore says
“You’ll continue to hear that throughout this year and next
We’ll continue to have a great opportunity in front of us
and we’ll continue to invest in the business
[whether that’s] electrical steel laminations or various other businesses we’re involved with
We’re also going to celebrate the heck out of our 70th anniversary
That’s another example of our culture and philosophy
whether that’s a one-year anniversary or No
We like to call those things out and celebrate with our employees
That’s been a huge part of the success of the company.”
and Gilmore received the Special Award for Leadership in the category
with employees expressing confidence in the CEO
while noting his leadership is motivational and trustworthy
Gilmore says he aims to be approachable and transparent
“I utilize any opportunity I can to get in front of employees,” he says
“If I know they’re in town for an employee council or leadership training
I try to make sure I’m on the agenda and able to talk about what the company is doing.” He wants associates to hear from him what the vision is and the strategy to bring that vision to life
“I want employees to know how they fit in,” he says
leaders will talk about the company vision
but employees may wonder what their place is
“What does that mean to them or their families?” he says
“I spend a lot of time focused on that vision and strategy and how our employees fit into that.”
The company’s culture also involves encouraging volunteerism in the community
robust benefits including two comprehensive medical plan options with health savings accounts
an employee assistance program and financial wellness programs
Employees who want to become managers can take part in an “Aspiring Leaders” program
and there are various professional development opportunities
including financial assistance for MBA and EMBA programs
There also are on-site barber shops and intramural sports leagues
An annual awards party that recognizes associates’ years of service features bands and food trucks
and the company also hosts other gatherings and celebrations during the year
A recent Pelotonia fundraiser gave employees a chance to drop company leaders in a dunk tank
has been with the organization for 13 years and says fun events contribute to team building and a family atmosphere
During the week leading up to the Super Bowl
the company hosted a “soup-erbowl” where employees shared and enjoyed their favorite recipes
like just bringing in doughnuts or ice cream or having fun little celebrations or gathering for book clubs,” she says
from different ethnicities and beliefs and you’re just accepted
I’ve interviewed a lot of people over the years
and I’m sure I’m overly enthusiastic about our culture
is that true?’ It absolutely is true—and once you’re in
worthingtonsteel.com
2024 revenue: $3.4 billion
This story is from the Top Workplaces section in the March 2025 issue of Columbus CEO. Subscribe at subscribe.columbusceo.com
peacefully passed in the company of his family from this life into eternity to be with his Lord and Savior
Jack always sought to see that others had the help they needed on their own journeys
Jack served first in the Army’s 82nd Airborne and then went on to serve his country as a civilian engineer for the overwhelming majority of his life
ensuring that those who put their lives on the line to protect America operated in the safest conditions they could while enduring such great risk
Over the course of his distinguished career
Jack received numerous accolades for his dedication to engineering excellence and integrity
including the Department of the Army Civilian Service Achievement Medal
Worthington; and lifelong best friend: Erasmo “Alfred” A
Harrison; the mother of his children and partner of 25 years: Yvonne Buchanan; his four sons: Jack E
Worthington; his daughters-in-law: Sarah Pahl Worthington and Jessica Reyna-Worthington; his 6 grand children: Tiana Rodriguez
Isabel Worthington; his great-grandchild: Victor Rodriguez; and two of his lifelong best friends: James Saenz and Ernesto “Bino” Esparza.
Visitation will be held from 5:00-9:00PM on Thursday
A second visitation will occur from 8:00-10:00AM on Friday
2025 at 10:00AM at Sunset Funeral Home Northeast
The Interment will follow at Fort Bliss National Cemetery where Jack will lay to rest near his parents and brother.
Services are entrusted to Sunset Funeral Home Northeast
Please visit our online registry book at www.sunsetfuneralhomes.net
With the so-called "Parents' Bill of Rights" set to go into effect in Ohio this week
the Westerville City Schools' board is expected to vote Monday evening to reinstate a religious-release time policy
The Worthington City Schools' board restored its religious release time policy at its regular meeting on March 10
Release time allows students to leave school for religious events that take place off school grounds with parent permission
The students can't miss "core" classes like math or English
RELATED: Satanic Temple launching program at Marysville elementary school, countering Christian programming
With House Bill 8
dubbed "The Parents' Bill of Rights," going into effect on Wednesday
the schools were required to put a religious release time policy back on the books
The sweeping bill requires parents to be notified about "sexuality content" in K-12 classrooms and requires school employees to notify parents of changes in a child's physical or mental health
including if a child has gender identity questions or wants to be referred to by a different name or pronouns
It also states that "a school district board of education shall adopt a policy that authorizes a student to be excused from school to attend a released time course in religious instruction..."
RELATED: LifeWise Academy reports record growth, surpassing goal for school year
Worthington school board members discussed their new policy at length during their February and March meetings
The new policy says that an organization offering release time must have liability insurance and do background checks on instructors and volunteers
The policy also says that organizations can't send students back to school with snacks
Westerville's policy is expected to bar teachers from encouraging or discouraging release time programs
A Westerville spokeswoman said LifeWise will be allowed to restart its program at the school if the new policy is approved
The Westerville City Schools' Board of Education meets at 6 p.m
on Monday at the district's early learning center on Eastwind Drive
2025 (GLOBE NEWSWIRE) -- Worthington Enterprises Inc
a market-leading designer and manufacturer of innovative products and solutions that serve customers in the building products and consumer products end markets
today reported results for its fiscal 2025 third quarter ended February 28
Third Quarter Highlights (all comparisons to the third quarter of fiscal 2024):
for the current year and prior year quarters are as follows:
(1) Refer to the “Use of Non-GAAP Financial Measures and Definitions” for additional information regarding our use of non-GAAP financial measures
including reconciliations to the most comparable GAAP measures
achieving year-over-year and sequential growth in revenue
adjusted EBITDA and adjusted EPS," said Worthington Enterprises President and CEO Joe Hayek
"Our growth in sales and earnings was driven by market share gains
a more favorable mix and improved gross margins in our wholly owned businesses
while our joint ventures remained steady despite a moderation in ClarkDietrich's results relative to last year’s strong performance
These results reflect outstanding execution from our team
deliver value-added solutions for our customers
even during an uncertain macroeconomic environment.”
Net sales for the third quarter of fiscal 2025 decreased $12.2 million
from the prior year quarter to $304.5 million
The decrease was driven by the deconsolidation of SES during the fourth quarter of fiscal 2024
partially offset by contributions from Ragasco and higher overall volumes
Net sales in the prior year quarter included $35.4 million related to SES
which is now operated as an unconsolidated joint venture and its results are reported within equity income on the consolidated statement of earnings beginning June 1
Operating income increased $16.6 million to $20.9 million
The current year quarter was negatively impacted $5.4 million due to restructuring charges
compared to $3.7 million in the prior year quarter
which included both restructuring charges and one-time costs related to the separation of the former steel processing business (“Separation”)
adjusted operating income increased $18.3 million over the prior year quarter to $26.2 million on the combined impact of higher overall volumes and favorable product mix
Equity income declined $11.2 million from the prior year quarter to $32.1 million
primarily due to lower contributions from ClarkDietrich
which decreased $8.3 million compared to a particularly strong prior year quarter
Income tax expense decreased $5.2 million from the prior year quarter to $13.2 million driven by a lower estimated annual effective tax rate partially offset by higher pre-tax earnings
Current year quarter income tax expense reflects an estimated annual effective tax rate of 24.4%
driven by the discrete tax effects of the Separation in the prior year quarter
The adjusted effective tax rate was 22.2% in the current year quarter compared to 23.1% in the prior year quarter
The Company ended the quarter with cash of $222.8 million
the Company generated operating cash flow of $57.1 million
of which $12.7 million was invested in capital expenditures
resulting in free cash flow of $44.4 million up from $40.1 million in the prior year quarter
Capital expenditures in the current year quarter included approximately $7.6 million related to ongoing facility modernization projects
Total debt at quarter end consisted entirely of long-term debt and was relatively unchanged from May 31
The Company had no borrowings under its revolving credit facility as of February 28
leaving $500.0 million available for future use
Consumer Products generated net sales of $139.7 million in the third quarter of fiscal 2025
Adjusted EBITDA increased $3.0 million over the prior year quarter to $28.6 million on the combined impact of higher volumes and gross margin improvement
partially offset by higher SG&A expenses
Building Products generated net sales of $164.8 million in the third quarter of fiscal 2025
driven by contributions from Ragasco and favorable product mix
Adjusted EBITDA increased slightly over the prior year quarter to $53.2 million
as the benefit from higher net sales was largely offset by lower equity income contributions from ClarkDietrich and WAVE
we remain confident in our ability to drive long-term growth and deliver shareholder value," Hayek said
solid free cash flow and disciplined capital allocation strategy provide us the flexibility to invest in our businesses
pursue strategic M&A and return capital to shareholders with a focus on long-term value creation
While recent tariff announcements are creating some uncertainty across multiple markets
we are well-positioned as a domestic designer and manufacturer of market-leading brands
with strong customer relationships and an exceptional team who is committed to driving improvements throughout our business
as we navigate near-term dynamics and capitalize on future opportunities."
The Company will review fiscal 2025 third quarter results during its quarterly conference call on March 26
Details regarding the conference call can be found on the Company website at www.WorthingtonEnterprises.com
Worthington Enterprises (NYSE: WOR) is a designer and manufacturer of market-leading brands that help enable people to live safer
The Company operates with two primary business segments: Building Products and Consumer Products
The Building Products segment includes cooking
architectural and acoustical grid ceilings and metal framing and accessories
The Consumer Products segment provides solutions for the tools
outdoor living and celebrations categories
Product brands within the Worthington Enterprises portfolio include Balloon Time®
The Company also serves the growing global hydrogen ecosystem via a joint venture focused on on-board fueling systems and gas containment solutions.Headquartered in Columbus
Worthington Enterprises and its joint ventures employ approximately 6,000 people throughout North America and Europe
Selected statements contained in this release constitute “forward-looking statements,” as that term is used in the Private Securities Litigation Reform Act of 1995 (the “Act”)
The Company wishes to take advantage of the safe harbor provisions included in the Act
Forward-looking statements reflect the Company’s current expectations
estimates or projections concerning future results or events
These statements are often identified by the use of forward-looking words or phrases such as “believe,” “expect,” “anticipate,” “may,” “could,” “should,” “would,” “intend,” “plan,” “will,” “likely,” “estimate,” “project,” “position,” “strategy,” “target,” “aim,” “seek,” “foresee” and similar words or phrases
statements relating to: future or expected cash positions
liquidity and ability to access financial markets and capital; outlook
strategy or business plans; the anticipated benefits of the separation of the Company’s Steel Processing business (the “Separation); the expected financial and operational performance of
the Company following the Separation; the Company’s performance on a pro forma basis to illustrate the estimated effects of the Separation on historical periods; the tax treatment of the Separation transaction; future or expected growth
capital expenditures and asset sales; anticipated improvements and efficiencies in costs
sourcing and the supply chain and the results thereof; projected profitability potential; the ability to make acquisitions and the projected timing
charges and expenditures related to acquisitions
headcount reductions and facility dispositions
shutdowns and consolidations; projected capacity and the alignment of operations with demand; the ability to operate profitably and generate cash in down markets; the ability to capture and maintain market share and to develop or take advantage of future opportunities
new products and new markets; expectations for Company and customer inventories
jobs and orders; expectations for the economy and markets or improvements therein; expectations for generating improving and sustainable earnings
margins or shareholder value; effects of judicial rulings; the ever-changing effects of the novel coronavirus (“COVID-19”) pandemic and the various responses of governmental and nongovernmental authorities thereto on economies and markets
employees and third-party service providers; and other non-historical matters
forward-looking statements are inherently subject to risks and uncertainties that could cause actual results to differ materially from those projected
Any number of factors could affect actual results
those that follow: the uncertainty of obtaining regulatory approvals in connection with the Separation
including rulings from the Internal Revenue Service; the Company’s ability to successfully realize the anticipated benefits of the Separation; the risks
uncertainties and impacts related to the COVID-19 pandemic – the duration
extent and severity of which are impossible to predict
including the possibility of future resurgence in the spread of COVID-19 or variants thereof – and the availability
and other actual or potential public health emergencies and actions taken by governmental authorities or others in connection therewith; the effect of national
regional and global economic conditions generally and within major product markets
including significant economic disruptions from COVID-19
the actions taken in connection therewith and the implementation of related fiscal stimulus packages; the effect of conditions in national and worldwide financial markets
increases in interest rates and economic recession
and with respect to the ability of financial institutions to provide capital; the impact of tariffs
the adoption of trade restrictions affecting the Company’s products or suppliers
a United States withdrawal from or significant renegotiation of trade agreements
and other changes in trade regulations or relationships; changing oil prices and/or supply; product demand and pricing; changes in product mix
product substitution and market acceptance of the Company’s products; volatility or fluctuations in the pricing
quality or availability of raw materials (particularly steel)
labor and other items required by operations (especially in light of the COVID-19 pandemic and Russia’s invasion of Ukraine); effects of sourcing and supply chain constraints; the outcome of adverse claims experience with respect to workers’ compensation
casualty events or other matters; effects of facility closures and the consolidation of operations; the effect of financial difficulties
consolidation and other changes within the steel
construction and other industries in which the Company participates; failure to maintain appropriate levels of inventories; financial difficulties (including bankruptcy filings) of original equipment manufacturers
joint venture partners and others with whom the Company does business; the ability to realize targeted expense reductions from headcount reductions
facility closures and other cost reduction efforts; the ability to realize cost savings and operational
sales and sourcing improvements and efficiencies
and other expected benefits from transformation initiatives
newly-acquired businesses and joint ventures
and achieve synergies and other expected benefits and cost savings therefrom; capacity levels and efficiencies
within major product markets and within the industries in which the Company participates as a whole; the effect of disruption in the business of suppliers
facilities and shipping operations due to adverse weather
international conflicts (especially in light of Russia’s invasion of Ukraine)
terrorist activities or other causes; changes in customer demand
and supplier choices; risks associated with doing business internationally
political and social instability (especially in light of Russia’s invasion of Ukraine)
foreign currency exchange rate exposure and the acceptance of the Company’s products in global markets; the ability to improve and maintain processes and business practices to keep pace with the economic
competitive and technological environment; the effect of inflation
interest rate increases and economic recession
greenhouse gas emission and sustainability regulations and considerations; the impact of judicial rulings and governmental regulations
including those adopted by the United States Securities and Exchange Commission and other governmental agencies as contemplated by the Coronavirus Aid
and the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010; the effect of healthcare laws in the United States and potential changes for such laws
especially in light of the COVID-19 pandemic
which may increase the Company’s healthcare and other costs and negatively impact the Company’s operations and financial results; the effects of tax laws in the United States and potential changes for such laws
which may increase the Company’s costs and negatively impact the Company’s operations and financial results; cyber security risks; the effects of privacy and information security laws and standards; and other risks described from time to time in the Company’s filings with the United States Securities and Exchange Commission
including those described in “Part I – Item 1A
– Risk Factors” of the Company’s Annual Report on Form 10-K for the fiscal year ended May 31
Forward-looking statements should be construed in the light of such risks
The Company notes these factors for investors as contemplated by the Act
It is impossible to predict or identify all potential risk factors
readers should not consider the foregoing list to be a complete set of all potential risks and uncertainties
Readers are cautioned not to place undue reliance on any forward-looking statements
any obligation to update any forward-looking statements
(1) Net proceeds in fiscal 2024 consisted of borrowings under Worthington Steel’s short-term credit facilities assumed by Worthington Steel in conjunction with the Separation.(2) The cash flows related to discontinued operations have not been segregated in the periods presented herein
the consolidated statements of cash flows include the results from continuing and discontinued operations
INC.GAAP / NON-GAAP RECONCILIATIONS (1) (Dollars in thousands
Consolidated Results - Adjusted Earnings per Share from Continuing Operations - Diluted
(1) For more information on these measures
refer to the Use of Non-GAAP Financial Measures and Definitions schedule herein.(2) Excludes the impact of noncontrolling interest
Consolidated Results - Adjusted EBITDA from Continuing Operations
(1) EBIT and adjusted EBIT are non-GAAP financial measures
these measures are not used by management to evaluate the Company's performance
engage in financial and operational planning
they are included as subtotals in the reconciliation of earnings before income taxes from continuing operations to adjusted EBITDA from continuing operations
which is a non-GAAP financial measure used by management
(2) The three and nine months ended February 28
includes $4,536 of expense related to an increase in the fair value of the contingent liability associated with the Ragasco earnout arrangement
(1) Operating cash flow conversion is defined as net cash provided by operating activities divided by net earnings from continuing operations attributable to controlling interest
INC.SEGMENT INFORMATION(Dollars and units in thousands)
(1) Amounts relate to our former SES operating segment
2024.(2) Equity income contributed by Worthington Armstrong Venture (“WAVE”) and Clarkwestern Dietrich Building Systems LLC (“ClarkDietrich) is included in Building Products segment results.(3) Other includes the equity earnings of Taxi Workhorse
LLC and the Sustainable Energy Solutions joint ventures
INC.USE OF NON-GAAP FINANCIAL MEASURES AND DEFINITIONS
These materials include certain financial measures that are not calculated and presented in accordance with accounting principles generally accepted in the United States (“GAAP”)
The non-GAAP financial measures typically exclude items that management believes are not reflective of
and thus should not be included when evaluating the performance of the Company’s ongoing operations
Management uses the non-GAAP financial measures to evaluate the Company’s performance
Management believes these non-GAAP financial measures provide useful supplemental information and additional perspective on the performance of the Company’s ongoing operations and should not be considered as an alternative to the comparable GAAP measure
management believes these non-GAAP financial measures allow for meaningful comparisons and analysis of trends in the Company’s businesses and enable investors to evaluate operations and future prospects in the same manner as management
The following provides an explanation of each non-GAAP financial measure presented in these materials:
Adjusted operating income is defined as operating income excluding the items listed below
to the extent naturally included in operating income (loss)
Adjusted net earnings from continuing operations is defined as net earnings from continuing operations attributable to controlling interest (“net earnings from continuing operations”) excluding the after-tax effect of the excluded items outlined below
Adjusted earnings per diluted share from continuing operations (“Adjusted EPS from continuing operations”) is defined as adjusted net earnings from continuing operations divided by diluted weighted-average shares outstanding)
Adjusted EBITDA from continuing operations is defined as adjusted earnings before interest
EBITDA from continuing operations is calculated by adding or subtracting
and amortization to/from net earnings from continuing operations attributable to controlling interest
which is further adjusted to exclude impairment and restructuring charges (gains) as well as other items that management believes are not reflective of
and thus should not be included when evaluating the performance of its ongoing operations
Adjusted EBITDA from continuing operations also excludes stock-based compensation due to its non-cash nature
which is consistent with how management assesses operating performance
adjusted EBITDA from continuing operations includes expense allocations for centralized corporate back-office functions that exist to support the day-to-day business operations
Public company and other governance costs are held at the corporate-level
Adjusted EBITDA margin from continuing operations is calculated by dividing adjusted EBITDA from continuing operations by net sales
Free cash flow is a non-GAAP financial liquidity measure that is used by the Company to assess its ability to generate cash beyond what is required for its business operations and capital expenditures
The Company defines free cash flow as net cash flows from operating activities less investment in property
Free cash flow conversion is a non-GAAP financial measure that is used by the Company to measure how much of its adjusted net earnings attributable to controlling interest is converted into cash
The company defines free cash flow conversion as free cash flow divided by net earnings from continuing operations
Exclusions from Non-GAAP Financial Measures
Management believes it is useful to exclude the following items from the non-GAAP financial measures presented in this report for its own and investors’ assessment of the business for the reasons identified below
management may exclude other items from the non-GAAP financial measures that do not occur in the ordinary course of our ongoing business operations and note them in the reconciliation from earnings before income taxes from continuing operations to the non-GAAP financial measure of adjusted EBITDA from continuing operations
Sonya L. HigginbothamSenior Vice PresidentChief of Corporate Affairs, Communications and Sustainability614.438.7391sonya.higginbotham@wthg.com
Marcus A. RogierTreasurer and Investor Relations Officer614.840.4663marcus.rogier@wthg.com
200 West Old Wilson Bridge Rd.Columbus, Ohio 43085WorthingtonEnterprises.com
The Executive Council and Board of the Worthington Women’s Golf Association has organized plans for the 2025 golfing season of the league. Ellen Knotts, 2025 chairwoman, is at the head of the table with Vice Chairwoman Lori Butler to her left. An opening dues coffee is scheduled 10 a.m. Tuesday, April 29, at the Worthington Club House. All members and any ladies from the Mid-Ohio Valley interested in joining the league are invited to attend the coffee. (Photo Provided)
PARKERSBURG — The Worthington Women’s Golf Association has announced plans for the 2025 season.
The season will begin with the annual dues coffee at 10 a.m. Tuesday, April 29, in the meeting room at the Worthington Club House. Refreshments will be served, and members are invited to attend, pay dues, register to for the 2025 season and reconnect with members they haven’t seen since the close of last season.
All lady golfers, past and present members and those who are considering joining the Tuesday morning league are invited to this event. Nine-hole and 18-hole player options are available.
Regular League play is on Tuesdays and will begin May 6 and continue through Aug. 26. The regular season ends with a 9-hole scramble on Sept. 2.
The annual League Tournament to determine the 2025 champion will be on Sept. 9 and 16. Tee times will begin at 8 a.m. in May, 7:30 a.m. June through August and 8 a.m. in September. Players always meet in the clubhouse after play for a luncheon served by association members.
Special opportunities will be available for play during the season, including the anticipated annual Fun Day on July 17. The theme for Fun Day is Safari Par-Tee.
All players are encouraged to further the “fun” by wearing animal prints that day. More details about the event that annually sees about 100 ladies from area courses joining in this exciting day will be announced and provided to all area clubs as it nears.
For more information and players interested in membership can contact Worthington Golf Club at 304 428-4297.
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ForecastWorthington fire leaves businesses devastated
search continues for florist's missing catby Steve Levine
Among the affected establishments is Milano's Uptowne Florist on West Dublin-Granville Road
"There were flames up in the attic part," said Vicki Fisher
reflecting on the damage to their flower shop
which they have operated for several years
"Our kids worked here through the holidays
looking at a burnt shell of a building."
The fire reportedly started inside the Rodo Greek Taverna restaurant late Thursday night
"We all know each other," said Jeff Fisher
emphasizing the close-knit nature of the business community
the Fishers managed to salvage some flowers from the smoke and water damage
holding a "fire-sale" over the weekend to sell the surviving blooms
"People were mentioning Margie in their churches on Sunday to keep a lookout for her," said Vicki Fisher
The couple opened their store a few years after losing their daughter Courtney in a tragic car accident
"The loss of a child is something you never get over
but we will move on," said Vicki Fisher
no one was in the building when the fire started
Worthington Fire officials stated that the investigation is ongoing
Online fundraising accounts have been created for several of the affected businesses
as Jeff and Vicki Fisher look to reopen and continue growing their family business within the community
"We put our heart and soul into it," said Jeff Fisher
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is charged with felony-level domestic assault by strangulation following an April 12 incident in Worthington
Worthington Police Officers were dispatched to a local residence following the report of an assault
who said they had lived with Ojulo but he had recently moved out
They said the two began fighting that morning when Ojulo asked to borrow their vehicle and the victim said no
Ojulo reportedly stayed at their apartment and when the victim shut the television off
The victim said Ojulo grabbed them with both hands around the neck and squeezed
pushed them up against a wall and started choking them
The victim reported it became difficult to breathe
The victim was able to get away but officers noted red marks around their neck and a bruise from when Ojulo pushed them
Officers were unable to contact Ojulo that day
but managed to reach him a few days later and he came in for an interview
Ojulo reportedly stated the victim began yelling at him and he began packing his things to go somewhere else
Ojulo claimed the victim started screaming at him again
Ojulo was arrested and transported to jail
Ojulo was scheduled to appear April 29 in Nobles County Fifth District Court
Behonick Adds Worthington to Staff Ahead of '25 Season February 07
CORVALLIS, Ore. – Oregon State volleyball coach Lindsey Behonick has announced the addition of Mitchel Worthington to the coaching staff ahead of the 2025 season
Worthington comes to Corvallis after a pair of seasons at NC State following a decorated career at BYU
He completed his playing career after placing sixth all-time in career digs in the Cougars' history
he saw action in 379 sets across 119 matches and helped lead the Cougars to a 17-1 mark during the 2020 season
native capped his career with a spot on the Mountain Pacific Sports Federation's All-Academic Scholar Athlete Team
He holds a bachelor's degree in Business Management
"We are so excited to welcome Mitch to the Oregon State Volleyball Family," said head coach Lindsey Behonick
He helped bring NC State to a NCAA tournament run last year and he brings great defensive knowledge with him to Corvallis
great coach and we are thrilled he's joining our team!"
The Oregon State volleyball team is coming off a 2024 season that saw its most first team all-conference selections since the 1990 season, with Annika Hester and Lauren Rumel being named to the WCC's First Team
Mitchel WorthingtonTitle:Assistant CoachEmail:mitchel.worthington@oregonstate.eduBioMitchel Worthington comes to Corvallis after a pair of seasons at NC State following a decorated career at BYU
"We are so excited to welcome Mitch to the Oregon State Volleyball Family," said head coach Lindsey Behonick
great coach and we are thrilled he's joining our team!"
There's nothing like the charm of a small town
vintage stores and cozy community are what make the small-town aesthetic
And the best small towns are right here in Ohio
Not only voted as one of the best historical small towns in the nation, but also one of the best small towns in the Midwest
Worthington ranks in the top three for both
Worthington's 3.5-acre Village Green Park features the Orange Johnson House built in 1819
the Old Rectory built in 1845 and Rush Creek Village
Worthington is also home to the Ohio Railroad Museum
one of the oldest railroad museums in the country that opened in 1948
as well as the beloved Doll Museum at the Old Rectory
"Worthington offers a blend of history, boutique shopping, and excellent dining. Visitors love to explore the well-preserved downtown centered on the Village Green, enjoy farm-to-table fare at local favorite The Whitney House, and visit the weekly Worthington Farmers Market for local goods," according to the article
And if that's not enough, about 30 miles east is Granville, one of the best small town food scenes in the nation, which ranked in the top 10, according to USA TODAY
Granville was established in 1805 and despite being a major supporter for Prohibition until 1974
Granville has ideal spots like Aladdin Restaurant
Mai Chau Kitchen's Vietnamese street food and a wide range of other dining options
and consider stopping by Seek-No-Further Cider Company
which makes many of its ciders from local apples," the USA TODAY article read
Trending features reporter Amani Bayo can be reached at abayo@dispatch.com.