WORTHINGTON ENTERPRISES, INC.

Overview

Worthington Enterprises, Inc. is a diversified manufacturer focused on Building Products and Consumer Products. Its products include pressure cylinders and tanks, HVAC components, metal roofing and framing products, tools, outdoor-living goods, and celebration products such as propane and helium cylinders and balloon kits. The company describes its people-first philosophy as rooted in the Golden Rule.[1]+2

Founded in Columbus, Ohio, in 1955, the company has facilities across North America, Europe, and Asia. In fiscal 2026, ended May 31, 2026, it reported net sales of $1.381 billion; its investor-relations overview lists approximately 4,000 employees.[3]+3 [1]+5

Products & services

Worthington Enterprises’ Building Products portfolio includes refrigerant and LPG cylinders; well-water and expansion tanks; specialty tanks for fire suppression, chemicals, foam and adhesives; HVAC systems; and metal roofing clips. Its brands include CoMet®, Ragasco®, Well-X-Trol® and XLite™. Through joint ventures, the portfolio also includes ceiling suspension systems and light-gauge steel framing, such as drywall and structural studs and joists, lath, shaft-wall products, and finishing products.[1]+2

Consumer Products include propane cylinders for torches and camping, handheld torches, helium balloon kits, hand tools and instruments, drywall tools and accessories, gas grills and griddles, and pizza ovens. Brands include Bernzomatic®, Balloon Time®, Coleman® (licensed), Garden-Weasel®, Halo® and Level5®.[2][9] Cylinders and tanks are designed to meet applicable U.S., Canadian, European and other international standards; the company cites DOT, Transport Canada, API, ASME and UL Solutions standards. Its A2L refrigerant-cylinder range includes refillable, non-refillable and recovery configurations; the company has described sizes from 11 lb to 1,000 lb water capacity and 400-psi service pressure.[10]+2

Building Products also offers customer-specific product design and customization, support, and service spanning product design through delivery.[13][14] In fiscal 2026, Building Products represented approximately 62% of consolidated net sales and Consumer Products approximately 38%; their reported net sales were $861.5 million and $519.8 million, respectively.[15][9] [1]+10

Geographic presence

Worthington Enterprises’ headquarters and principal corporate offices are in Columbus, Ohio, where it also owns three administrative and medical facilities. Its operating footprint spans the United States and includes facilities in Canada, Austria, Norway and Portugal.[16]+3

The company reports 16 facilities in its Building Products and Consumer Products segments: Building Products locations are in Indiana, Kentucky, Maryland, Minnesota, New Jersey, Ohio and Rhode Island, as well as Norway and Portugal; Consumer Products facilities are in Kansas, New Jersey and Wisconsin. Its unconsolidated joint ventures have 26 facilities in the United States, Canada and Austria, with U.S. locations across California, Connecticut, Florida, Georgia, Illinois, Maryland, Michigan, Minnesota, Missouri, Nevada, Ohio, Oklahoma, South Dakota, Tennessee and Texas.[18][19]

Worthington says the substantial majority of its business activity takes place in the United States, with a portion of revenue and earnings from foreign operations; it does not disclose geographic revenue percentages. As a separate measure of geographic asset distribution, net property, plant and equipment at May 31, 2026 was $259.9 million in the United States and $51.0 million internationally—approximately 84% and 16%, respectively.[20][21] [16]+5

Business segments

Worthington Enterprises reports two operating segments: **Building Products** and **Consumer Products**. Building Products focuses on pressurized containment products, including refrigerant and LPG cylinders, water and expansion tanks, and specialty tanks; HVAC systems; and metal roofing clips. It also includes ceiling-suspension systems and light-gauge metal framing through its unconsolidated WAVE and ClarkDietrich joint ventures. In FY2026, Building Products represented approximately **62% of consolidated net sales**.[22]+2

**Consumer Products** encompasses tools, outdoor living and celebrations. Its products include propane-filled torch and camping cylinders and accessories, handheld torches, specialized hand tools and instruments, drywall tools, helium-filled balloon kits, gas griddles and pizza ovens; sales are primarily to mass merchandisers, retailers and distributors. Consumer Products contributed approximately **38% of consolidated net sales in FY2026**. The company’s former steel-processing operations were spun off as Worthington Steel in December 2023, while Sustainable Energy Solutions ceased to be part of management’s segment structure in May 2024; accordingly, neither is a current reportable segment.[15]+3 [22]+4

Company history

Worthington Enterprises was founded in Columbus, Ohio, in 1955 by John H. McConnell as a steel-processing business. It went public in 1968 and expanded into pressure cylinders in 1971, when it acquired a small cylinder business and adopted the name Worthington Industries.[3][25]

The company broadened beyond steel processing with its 1996 acquisition of Dietrich Industries, expanding into metal framing. In 2011, Dietrich and ClarkWestern finalized a joint venture that became ClarkDietrich; in 2017, Worthington acquired Amtrol, adding pressure-cylinder and water-system-tank products.[26]+2

Andy Rose became president and CEO in 2020, succeeding John P. McConnell. On December 1, 2023, the steel-processing business separated as Worthington Steel; the remaining company changed its name to Worthington Enterprises. It acquired composite LPG-cylinder maker Hexagon Ragasco in 2024, and Joseph B. Hayek became president and CEO that November.[29]+3 [30]+8

Sources

• WORTHINGTON ENTERPRISES, INC. — Full financial report (2026 Y)
  17 citations

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• www.worthingtonenterprises.com[3]
• www.worthingtonenterprises.com[4]
• WORTHINGTON ENTERPRISES, INC. — Press release (2026 Y)[5]
• ir.worthingtonenterprises.com[6]
• buildingproducts.worthingtonenterprises.com[11]
• www.worthingtonenterprises.com[12]
• buildingproducts.worthingtonenterprises.com[13]
• buildingproducts.worthingtonenterprises.com[14]
• ir.worthingtonenterprises.com[25]
• www.clarkdietrich.com[26]
• ir.worthingtonenterprises.com[27]
• ir.worthingtonenterprises.com[28]
• ir.worthingtonenterprises.com[29]
• WORTHINGTON ENTERPRISES, INC. — Full financial report (2025 Y)[30]
• ir.worthingtonenterprises.com[31]