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Dietrich Floor Joists Expands in Hawaiian Market

05/01/2002

COLUMBUS, Ohio, May 1, 2002 /PRNewswire-FirstCall via COMTEX/ -- Dietrich Metal Framing, a Worthington Industries company (NYSE: WOR) announced today that Haseko Homes, Inc. will build 650 new homes using Dietrich's TradeReady(R) Steel Floor Joist products. The announcement marks a continuation of Haseko's commitment to incorporate TradeReady products in its 4,850-home master-planned community of Ocean Pointe in Kapolei, Hawaii.

In 2001, Haseko built 240 new homes featuring Dietrich's steel floor joists, which are more consistent and durable than wood and offer homeowners a quieter, more even, solid floor.

Kenneth Choate, executive vice president of Haseko Construction, stated, "Since we built our first house at Ocean Pointe using Dietrich TradeReady floor joists in 2001, we have been extremely pleased with the quality of materials and the savings we have seen in labor and production. Our subcontractors tell us it is the easiest material they have ever worked with."

Metal framing and steel flooring for homes is a growing market in Hawaii, where state zoning codes mandate treated lumber or metal framing for all residential construction due to their termite resistance. Because termites thrive in warm, damp climates, Hawaii leads the nation for steel use in residential construction. In fact, more than 60 percent of the new homes being built in Hawaii currently have metal framing or flooring components.

To service this growing industry, Dietrich operates a manufacturing facility in Kapolei.

"We're very pleased to be working with Haseko Homes to provide Dietrich TradeReady Floor Joists to the planned community at Ocean Pointe," said Ed Ponko, president of Dietrich Metal Framing. "Our floor framing system offers a tremendous enhancement and value to the homeowner, while affording Haseko the ability to better control material and framing costs. This is truly a win/win proposition as everyone involved benefits."

About Haseko

Haseko Homes Inc. is a subsidiary of Haseko (Hawaii) Inc., which has a 30-year history of building premier commercial and residential developments in Hawaii.

About Dietrich Metal Framing

Dietrich Metal Framing is the largest manufacturer of steel framing products in the United States. Dietrich's 1500 employees in 20 facilities use state-of-the-art equipment and in-house metallurgic labs to ensure superior product performance and competitive prices. Dietrich Metal Framing, founded in 1959, is a Worthington Industries Company.

About Worthington Industries

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 59 facilities in 10 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. The philosophy, an unwavering commitment to the customer, and one of the strongest employee/employer partnerships in American industry, serve as the company's foundation. Worthington Industries is listed as one of the 100 Best Companies to Work For in America by Fortune magazine.

SOURCE Worthington Industries, Inc.

CONTACT:
Cathy Mayne Lyttle, VP, Corporate Communications, +1-614-438-3077, or cmlyttle@WorthingtonIndustries.com, or Allison McFerren Sanders, Director, Investor Relations, +1-614-840-3133, or asanders@WorthingtonIndustries.com, both of Worthington Industries

Copyright (C) 2002 PR Newswire. All rights reserved.

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