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Worthington Steel outlines electrical steel expansion and Sitem integration as margin growth drivers
Geoffrey G. Gilmore, CEO, opened by thanking the Worthington Steel team and highlighted that "in the fourth quarter, we generated adjusted EBITDA of $87 million compared with $86.5 million in the ...
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Worthington Steel outlines AI-driven cost savings and market share gains amid ongoing automotive momentum
CEO Geoffrey Gilmore welcomed the newly acquired Sitem team, stating, “We completed our acquisition of 52% of Sitem in June. To our Sitem teammates who may be on the call, we are thrilled to have you ...
COLUMBUS, Ohio, June 03, 2025--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) ("Worthington Steel" or the "Company") announced today that it has completed the acquisition of a controlling equity ...
Worthington Steel, Inc. (NYSE:WS) announced that it has completed the acquisition of a majority stake— around 52%— in Italy-based Sitem S.p.A. and its subsidiaries (collectively known as Sitem Group), ...
COLUMBUS, Ohio - Worthington Steel, Inc. (NYSE:WS), a leading metals processor with a market capitalization of $2.3 billion and impressive year-to-date returns of 65%, announced its subsidiary, Tempel ...
Worthington Steel, Inc. (NYSE: WS) ("Worthington Steel" or the "Company") announced today that it has completed the acquisition of a controlling equity stake in Italy-based Sitem S.p.A. (together with ...
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) (“Worthington Steel” or the “Company”) announced today that it has reached an agreement to acquire through its subsidiary, Tempel ...
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