Columbus, Ohio, April 19, 2000 ---
Worthington
Industries, Inc. (NYSE:WOR) announced that its stock will begin trading on the
New York Stock Exchange (NYSE) under the ticker symbol “WOR” effective
today. Worthington's stock had
previously been traded on the Nasdaq stock market under the ticker symbol WTHG.
In
making the move to the NYSE, Worthington's chairman and chief executive
officer, John P. McConnell, said, “This is another milestone in Worthington's
history. Forty-five years ago we
created the steel processing industry, and we continue to lead the way through
innovation and expansion. We are
honored to be listed on the world's premier equity exchange. This is a new home for a new era.”
Richard
A. Grasso, NYSE chairman and chief executive officer, also recognized the
significance of the occasion. “We are
thrilled with Worthington Industries' decision to list on the NYSE. Worthington is a leader in its field and a
well recognized member of the S&P 500.
We look forward to partnering with this world class company.”
Worthington
Industries is a leading diversified metal processing company with annual sales
of approximately $2 billion. The
Columbus, Ohio, based Company is North America's premier value-added steel
processor and a leader in manufactured metal products such as automotive
aftermarket stampings, pressure cylinders, metal framing, metal ceiling grid
systems and laser welded blanks. The
company employs 7,500 people and operates 53 facilities in 11 countries.
Founded
in 1955, the Company operates under a long-standing corporate philosophy rooted
in the golden rule, with earning money for its shareholders as the first
corporate goal. This philosophy, an
unwavering commitment to the customer, and one of the strongest employee
partnerships in American industry serve as the Company's foundation.
Contact:
Cathy Mayne Lyttle
614-438-3077