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Worthington Announces New Engineered Cabs and WAVE Presidents


COLUMBUS, OH -- (Marketwired) -- 05/21/13 -- Worthington Industries, Inc. (NYSE: WOR) announced today that John G. Lamprinakos will become the next president of the Company's Engineered Cabs business segment, effective July 1, 2013, replacing Robert A. Kluver who is retiring on December 31, 2013 after 42 years with the business. Charlie Chiappone will replace Lamprinakos as president of the Company's joint venture with Armstrong World Industries, Worthington Armstrong Venture (WAVE), also effective July 1, 2013.

"Bob has done an excellent job leading Angus Industries, successfully positioning the company as the leader in the independent design and manufacturing of cabs in the U.S.," said Chairman and CEO John McConnell. "We wish him well in retirement."

"John is a proven leader successfully leading WAVE to significant year-over-year growth and expansion in new and existing markets," said McConnell. "His international and world-class operations and marketing experience will be an asset as we grow the Engineered Cabs business."

Lamprinakos, 55, has been with Worthington Industries in various capacities for 34 years, starting in the Company's sales training program in 1979. He spent 24 years at Worthington's Pressure Cylinders business including two years as president, from 2001 to 2003. He has served as president and CEO of WAVE for the past nine years and was the vice president of global operations the prior year. Lamprinakos received his bachelor's degree from Duke University.

"Charlie has made a significant impact during his short tenure with Armstrong," said McConnell. "We believe he will apply his leadership and experience to continue WAVE's successful track record. He will be an excellent addition to our team."

Chiappone, 50, has over 20 years industrial manufacturing leadership experience working in engineering thermoplastics, specialty chemicals and industrial construction. He joined Armstrong Building Products in 2012 as vice president, global marketing & commercial excellence and prior to that, served six years as president of Alloy Polymers, Inc. a compounder for the thermoplastics industry. Before Alloy Polymers, Chiappone was with SPX Cooling Technologies where he held a number of senior management positions. He received his bachelor's degree from Siena College and his MBA from Northwestern University.

About Worthington Industries
Worthington Industries is a leading diversified metals manufacturing company with 2012 fiscal year sales of $2.5 billion. The Columbus, Ohio based company is North America's premier value-added steel processor and a leader in manufactured pressure cylinders, such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, exploration, recovery and production products for global energy markets; scuba tanks, and compressed natural gas storage cylinders; custom-engineered open and enclosed cabs and operator stations for heavy mobile equipment; framing systems for mid-rise buildings; steel pallets and racks; and through joint ventures, suspension grid systems for concealed and lay-in panel ceilings, current and past model automotive service stampings, laser welded blanks, and light gauge steel framing for commercial and residential construction. Worthington employs approximately 10,000 people and operates 83 facilities in 11 countries.

Founded in 1955, the Company operates under a long-standing corporate philosophy rooted in the golden rule. Earning money for its shareholders is the first corporate goal. This philosophy serves as an unwavering commitment to the customer, supplier, and shareholder, and it serves as the Company's foundation for one of the strongest employee-employer partnerships in American industry.

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.

Cathy M. Lyttle
VP, Corporate Communications and Investor Relations
Phone: (614) 438-3077
E-mail: Email Contact

Sonya L. Higginbotham
Director, Corporate Communications
Phone: (614) 438-7391
E-mail: Email Contact

Source: Worthington Industries, Inc.

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