COLUMBUS, OH–(Marketwired – Apr 25, 2016) – Worthington Industries, Inc. (NYSE: WOR) has been named a Supplier of the Year in the John Deere Achieving Excellence Program. Worthington was selected for the honor in recognition of its dedication to providing products and service of outstanding quality as well as its commitment to continuous improvement.
Worthington also has been selected as a recipient of a John Deere supplier innovation award for 2015. The award is presented to a select group of suppliers who have demonstrated innovation in a product or service they provide to John Deere. Award selections are based on four factors — creativity, feasibility, collaboration, and bottom-line impact. John Deere created the supplier innovation awards in 2010 to promote innovation in the company’s supply base and recognize suppliers who think creatively.
“We consider the Enterprise Supplier of the Year award one of John Deere’s highest honors and are grateful for the long-term partnership we’ve forged with them over the years,” said Geoff Gilmore, president of Worthington Industries Steel Processing. “In addition to delivering the very best quality and service, our employees are dedicated to providing creative, tailored solutions to our customers and the innovation award recognizes those efforts.”
Worthington Industries Chairman John McConnell and employees from Worthington’s dedicated John Deere account team accepted the recognition during formal ceremonies held on April 21 in Bettendorf, Iowa. This is the Company’s second time receiving Enterprise Supplier of the Year.
Worthington Industries is a supplier of hot-rolled and cold-rolled cut-to-length steel sheets to John Deere Harvester Works in East Moline, Ill., and John Deere Ottumwa Works in Ottumwa, Iowa, for the fabrication and assembly of combine harvesters and hay and forage equipment. Earlier this year, the Company also earned recognition as a Partner-level supplier for the fourth consecutive year.
Suppliers who participate in the Achieving Excellence program are evaluated annually in several key performance categories, including quality, cost management, delivery, technical support and wavelength, which is a measure of responsiveness. John Deere Supply Management created the program in 1991 to provide a supplier evaluation and feedback process that promotes continuous improvement.
About Worthington Industries
Worthington Industries is a leading global diversified metals manufacturing company with 2015 fiscal year sales of $3.4 billion. Headquartered in Columbus, Ohio, Worthington is North America’s premier value-added steel processor providing customers with wide ranging capabilities, products and services for a variety of markets including automotive, construction and agriculture; a global leader in manufacturing pressure cylinders for industrial gas and cryogenic applications, CNG and LNG storage, transportation and alternative fuel tanks, oil and gas equipment, and brand consumer products for camping, grilling, hand torch solutions and helium balloon kits; and a manufacturer of operator cabs for heavy mobile industrial equipment; laser welded blanks for light weighting applications; automotive racking solutions; and through joint ventures, complete ceiling grid solutions; automotive tooling and stampings; and steel framing for commercial 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 the basis for an unwavering commitment to the customer, supplier, and shareholder, and 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.