Worthington Industries Earns Recognition as a John Deere “Partner-level Supplier” and 10-Year Hall of Fame Supplier

Rhea-AI Summary

Worthington Industries (NYSE: WOR) was recognized as a Partner-level supplier and inducted into John Deere's 10-year Supplier Hall of Fame for 2021. This accolade reflects Worthington's consistent high performance in quality, service, and continuous improvement, particularly during a challenging steel market. Worthington Industries supports John Deere's manufacturing efforts for various agricultural and garden equipment. The Achieving Excellence Program emphasizes supplier evaluation and improvement, further underlining Worthington’s commitment to excellence.

Positive

• Achieved Partner-level supplier status, reflecting high-quality performance.
• Inducted into John Deere's 10-year Supplier Hall of Fame, indicating sustained excellence.
• Recognition highlights commitment to innovation and customer service during a tight steel market.

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• None.

COLUMBUS, Ohio, March 22, 2022 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE: WOR) today announced it has earned recognition as a Partner-level supplier for 2021 and was inducted into the 10-year Supplier Hall of Fame in the John Deere Achieving Excellence Program. Hall of Fame status is given after a supplier attains a Partner-level rating for five consecutive years, and this marks Worthington’s second back-to-back appearance in this category. The Partner-level status is Deere & Company’s highest supplier rating. Worthington was selected for this honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement.

“To be inducted into John Deere’s 10-year Supplier Hall of Fame, this year in particular, is a milestone worthy of celebration,” said Worthington Industries Steel Processing President Jeff Klingler. “Considering 2021 spanned one of the tightest steel markets in recent history, it truly demonstrates our team’s commitment to continually innovating and finding creative solutions to meet our customers’ needs, no matter the challenge.” Klingler added, “We’re proud of our long-standing partnership with John Deere and the role we play in supporting their work to positively shape the spaces that sustain us.”

Employees from Worthington’s dedicated John Deere account team accepted the recognition during virtual ceremonies held earlier this year. Worthington was one of five 10-year Hall of Fame recipients recognized during the event.

Worthington Industries is a supplier of hot-rolled and cold-rolled cut-to-length steel sheets to John Deere Harvester Works in East Moline, Ill., John Deere Horicon Works in Horicon, Wis. and John Deere Ottumwa Works in Ottumwa, Iowa, for the fabrication and assembly of combine harvesters, hay and forage equipment, lawn & garden equipment and utility vehicles.

Suppliers who participate in the Achieving Excellence Program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support and wavelength, which is a measure of responsiveness. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.

About Worthington Industries
Worthington Industries (NYSE:WOR) is a leading industrial manufacturing company pursuing its vision to be the transformative partner to its customers, a positive force for its communities and earn exceptional returns for its shareholders. For over six decades, the Company has been delivering innovative solutions to customers spanning industries such as automotive, energy, retail and construction. Worthington is North America’s premier value-added steel processor and producer of laser welded solutions and electrical steel laminations that provide lightweighting, safety critical and emission reducing components to the mobility market. Through on-board fueling systems and gas containment solutions, Worthington serves the growing global hydrogen ecosystem. The Company’s focus on innovation and manufacturing expertise extends to market-leading consumer products in tools, outdoor living and celebrations categories, sold under brand names, Coleman^®, Bernzomatic^®, Balloon Time^®, Mag Torch^®, Well-X-Trol^®, General^®, Garden-Weasel^®, Pactool International^® and Hawkeye™; as well as market leading building products, including water systems, heating & cooling solutions, architectural and acoustical grid ceilings and metal framing and accessories.

Headquartered in Columbus, Ohio, Worthington operates 58 facilities in 16 states and nine countries, sells into over 90 countries and employs approximately 9,500 people. Founded in 1955, the Company follows a people-first philosophy with earning money for its shareholders as its first corporate goal. Relentlessly finding new ways to drive progress and transform, Worthington is committed to providing better solutions for customers and bettering the communities where it operates by reducing waste, supporting community-based non-profits and developing the next generations of makers.

Safe Harbor Statement
Worthington Industries wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 (the “Act"). Statements by Worthington Industries 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 Industries’ filings with the Securities and Exchange Commission, including those related to COVID-19 and the various actions taken in connection therewith, which could also heighten other risks.

Contacts:
SONYA L. HIGGINBOTHAM
VP, CORPORATE COMMUNICATIONS AND BRAND MANAGEMENT
614.438.7391 | sonya.higginbotham@worthingtonindustries.com

MARCUS A. ROGIER
TREASURER AND INVESTOR RELATIONS OFFICER
614.840.4663 | marcus.rogier@worthingtonindustries.com

200 Old Wilson Bridge Rd. | Columbus, Ohio 43085
WorthingtonIndustries.com

FAQ

What recognition did Worthington Industries (WOR) receive from John Deere in 2021?

Worthington Industries was recognized as a Partner-level supplier and inducted into the 10-year Supplier Hall of Fame by John Deere.

How long has Worthington Industries been a Partner-level supplier for John Deere?

Worthington Industries has maintained its Partner-level status for five consecutive years.

What does the Partner-level status signify for Worthington Industries (WOR)?

The Partner-level status signifies the highest supplier rating given by John Deere, recognizing outstanding product quality and service.

What kind of products does Worthington supply to John Deere?

Worthington Industries supplies hot-rolled and cold-rolled cut-to-length steel sheets for various agricultural and garden equipment.

What program evaluates suppliers like Worthington Industries for their performance?

The Achieving Excellence Program, created by John Deere, evaluates suppliers annually based on several key performance categories.