Worthington Enterprises Begins Modernization Project at Chilton, Wisconsin, Campus
September 10 2024 - 4:25PM
Worthington Enterprises, Inc. (NYSE: WOR), a designer and
manufacturer of market-leading brands that help enable people to
live safer, healthier and more expressive lives, has begun a
modernization project at its Chilton, Wisconsin, campus where it
manufactures Bernzomatic® and Mag-Torch® hand torches and fuel
cylinders. A new 58,000-square-foot building and equipment will
increase automation and production efficiencies, help ensure
continued product quality and safety performance and allow for
future expansion.
Andy Rose, president and chief executive officer,
Worthington Enterprises, said, “This is an investment in U.S.
manufacturing, Chilton, our employees and our Company’s future.
Consumers and professionals around the world trust the brands made
here because of the quality products they represent. Each product
reflects the hard work, reliability and commitment to excellence of
every employee involved in the production process.”
Worthington Enterprises is the only U.S.
manufacturer of hand torches and small format propane and propylene
cylinders, which are used worldwide in homes, businesses and
outdoors and relied on for construction, fixing, making, creating
and when natural disasters strike. In 2023, cylinders made in
Chilton reached customers and retailers in more than 40
countries.
Keller, Inc. of Kaukauna, Wisconsin, is the general
contractor for the project. The building is expected to be
completed by the end of calendar year 2025 with the facility fully
operational in 2026.
Thomas Reinl, mayor, City of Chilton, commented,
“Worthington has been a valued partner for 20 years as an engaged
employer, active supporter of other local businesses and
contributor to meaningful community causes. We are excited that the
Company is investing here, which we believe is a testament to our
citizens and the quality of life in our region.”
Worthington Enterprises acquired the Chilton
operations in 2004. The facility itself opened in 1959. The Company
employs nearly 300 people across three shifts in the
365,500-square-foot Chilton location. Individuals interested in
local career opportunities can view current openings by visiting
https://www.worthingtonenterprises.com/careers.
About Worthington Enterprises
Worthington Enterprises (NYSE: WOR) is a designer and manufacturer
of market-leading brands that help enable people to live safer,
healthier and more expressive lives. The Company operates with two
primary business segments—Building Products and Consumer Products.
The Building Products segment includes cooking, heating, cooling
and water solutions, 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®, Bernzomatic®, Coleman®, CoMet®,
Garden-Weasel®, General®, HALO™, Hawkeye™, Level5 Tools®, Mag
Torch®, NEXI™, Pactool International®, PowerCore™, Well-X-Trol® and
XLite™, among others. 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, Ohio, Worthington
Enterprises and its joint ventures employ approximately 6,000
people throughout North America and Europe.
Founded in 1955 as Worthington Industries,
Worthington Enterprises follows a people-first Philosophy with
earning money for its shareholders as its first corporate goal.
Worthington Enterprises achieves this outcome by empowering its
employees to innovate, thrive and grow with leading brands in
attractive markets that improve everyday life. The Company engages
deeply with local communities where it has operations through
volunteer efforts and The Worthington Companies Foundation,
participates actively in workforce development programs and reports
annually on its corporate citizenship and sustainability efforts.
For more information, visit worthingtonenterprises.com.
Forward-Looking Statements
Statements by Worthington Enterprises that are not limited to
historical information constitute “forward-looking statements”
under federal securities laws. Forward-looking statements are
subject to various risks, uncertainties and other factors that may
cause actual results to differ materially from those expected by
Worthington Enterprises. Readers should evaluate forward-looking
statements in the context of such risks, uncertainties and other
factors, many of which are described in Worthington Enterprises’
filings with the Securities and Exchange Commission (“SEC”).
Forward-looking statements are qualified by the cautionary
statements included in Worthington Enterprises’ SEC filings and
other public communications. This press release speaks only as of
the date hereof. Worthington Enterprises does not undertake any
obligation to update or revise its forward-looking statements
except as required by applicable law or regulation.
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
Worthington Enterprises (NYSE:WOR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Worthington Enterprises (NYSE:WOR)
Historical Stock Chart
From Sep 2023 to Sep 2024