COLUMBUS, Ohio, Sep 20, 2004 (BUSINESS WIRE) -- Worthington
Industries, Inc. (NYSE:WOR) said today that it has completed the
previously announced purchase of the propane and specialty gas
cylinder assets of Western Industries, Inc. on September 17, 2004.
Worthington Industries is a leading diversified metal processing
company with annual sales of more than $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 metal framing,
pressure cylinders, automotive past model service stampings, metal
ceiling grid systems and laser welded blanks. The company employs
8,000 people and operates 61 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. This philosophy, an
unwavering commitment to the customer and one of the strongest
employee/employer partnerships in American industry serve as the
company's foundation.
Safe Harbor Statement
The company wishes to take advantage of the Safe Harbor provisions
included in the Private Securities Litigation Reform Act of 1995 ("the
Act"). Statements by the company, 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 described from time to time in the
company's filings with the Securities and Exchange Commission.
SOURCE: Worthington Industries, Inc.
Worthington Industries, Inc., Columbus
Cathy Mayne Lyttle, 614-438-3077
cmlyttle@WorthingtonIndustries.com
or
Allison McFerren Sanders, 614-840-3133
asanders@WorthingtonIndustries.com