Worthington Steel Named a 2024 Supplier of the Year by General Motors

Rhea-AI Summary

Worthington Steel (NYSE: WS) has been named a GM Supplier of the Year for 2024, marking its fourth recognition after previous awards in 2020, 2021, and 2023. The award, part of General Motors' 33rd annual Supplier of the Year program, acknowledges global suppliers for excellence in key categories including safety, innovation, and resilience.

Worthington Steel was among 92 suppliers from 12 countries selected by GM's global cross-functional team, based on their 2024 performance and alignment with GM's core values and goals. The recognition highlights Worthington's contribution to GM's future mobility vision and vehicle development initiatives.

Positive

• Fourth consecutive GM Supplier of the Year recognition, demonstrating consistent operational excellence
• Strategic partnership with major automotive manufacturer GM strengthens market position

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• None.

COLUMBUS, Ohio--(BUSINESS WIRE)-- Worthington Steel, Inc. (NYSE: WS) today announced that it was named a GM Supplier of the Year winner in General Motor’s 33^rd annual Supplier of the Year awards. This is the Company’s fourth time achieving this distinction. It previously earned recognition in 2020, 2021 and 2023.

“We’re honored to be recognized once again by General Motors for the quality and commitment we bring to our work every day,” said Worthington Steel President and CEO Geoff Gilmore. "This award is a direct reflection of our incredible team, whose passion and dedication drive everything we do. We’re proud to support GM’s bold vision for the future of mobility and to contribute to their efforts in shaping the next generation of vehicles.”

GM’s Supplier of the Year awards recognize global suppliers for their execution across key categories like safety, innovation and resilience. A global cross-functional team makes award selections based not only on an organization’s performance across 2024, but also their alignment to GM’s core values and ambitious goals.

“For more than 30 years, General Motors has recognized the company’s top global suppliers at our annual event, spotlighting their innovation and resiliency through even the most challenging circumstances,” said Jeff Morrison, global chief procurement officer at GM. “Together, we’re helping bring advanced technology and the industry’s broadest portfolio of vehicles to market for GM customers.”

This year, 92 suppliers across 12 countries made GM’s 2024 Supplier of the Year list. For more information, visit news.gm.com.

About Worthington Steel

Worthington Steel (NYSE:WS) is a metals processor that partners with customers to deliver highly technical and customized solutions. Worthington Steel’s expertise in carbon flat-roll steel processing, electrical steel laminations and tailor welded solutions are driving steel toward a more sustainable future.

As one of the most trusted metals processors in North America, Worthington Steel and its approximately 5,000 employees harness the power of steel to advance our customers’ visions through value-added processing capabilities including galvanizing, pickling, configured blanking, specialty cold reduction, lightweighting and electrical lamination. Headquartered in Columbus, Ohio, Worthington Steel operates 32 facilities in seven states and six countries. Following a people-first Philosophy, commitment to sustainability and proven business system, Worthington Steel’s purpose is to generate positive returns by providing trusted and innovative solutions for customers, creating opportunities for employees and strengthening its communities.

General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM’s Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry’s widest range of EVs, as we move to an all-electric future. Learn more at GM.com.

Safe Harbor Statement

Worthington Steel wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 (the “Act"). Statements by Worthington Steel which are not historical information constitute "forward looking statements" within the meaning of the Act. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected. Factors that could cause actual results to differ materially include risks, uncertainties and impacts described from time to time in Worthington Steel’s filings with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250411756463/en/

Melissa Dykstra

Vice President

Corporate Communications and Investor Relations

Phone: 614-840-4144

Melissa.Dykstra@WorthingtonSteel.com

Source: Worthington Steel, Inc.

FAQ

How many times has Worthington Steel (WS) won GM's Supplier of the Year award?

Worthington Steel has won GM's Supplier of the Year award four times, in 2020, 2021, 2023, and 2024.

What criteria did GM use to select Worthington Steel (WS) for the 2024 Supplier award?

GM selected suppliers based on performance in safety, innovation, resilience, and alignment with GM's core values and goals.

How many suppliers received GM's Supplier of the Year award in 2024?

92 suppliers from 12 countries were named GM Supplier of the Year in 2024.

What is the significance of Worthington Steel's (WS) 2024 GM Supplier award?

The award recognizes Worthington Steel's excellence in supporting GM's future mobility vision and vehicle development, demonstrating strong performance across key operational categories.