- Worthington Steel, headquartered in Columbus, Ohio, is a market-leading, value-added metals processing company, recently reporting net sales of $769.8 million for Q3 FY 2026, a 12% increase from the previous year.
- In January 2026, Worthington Steel announced a Business Combination Agreement to acquire Kloeckner & Co SE, aiming to create the second largest steel service center company in North America with combined revenues exceeding $9.5 billion.
- The acquisition of Kloeckner is expected to generate approximately $150 million in annual run-rate synergies and is anticipated to be accretive to Worthington's earnings per share within the first year of operation.
- Ideal buyers for Worthington Steel include manufacturers and industrial companies seeking reliable metal processing solutions, as the company addresses challenges in supply chain efficiency and product diversification across North America and Europe.
Worthington Steel employs a diverse workforce across 16 departments, with Operations being the largest at 47 employees. Information Technology and Sales follow closely, with 38 and 36 employees, respectively. The balance among departments reflects a strong operational focus while maintaining essential support functions in HR, Finance, and Marketing, each contributing to the company's overall efficiency and effectiveness.
The company's workforce is primarily concentrated in Columbus, Ohio, which houses 130 employees. Other notable locations include Delta, OH, with 9 employees, and Cleveland, OH, with 5. The presence of 109 employees in the 'Other' category indicates a distributed workforce across various sites, suggesting a strategic approach to geographic presence while maintaining a strong central hub.
