New Automotive OEM Business
Worthington Steel continued to grow market share with new automotive OEM business, which is expected to ramp up over the next few months.
Best Supplier of the Year Award
Worthington Steel's electrical steel operation was awarded the Best Supplier of the Year award by Mahle for the third consecutive year, recognizing their exceptional performance in quality, delivery, and support of new product development.
Strategic Growth and Expansion
Progress on the 52% ownership stake in Sitem, a European electrical steel lamination manufacturer, and expansion of electrical steel capabilities in Canada and Mexico are on track.
AI Initiatives and Collaboration
Worthington Steel's leadership team initiated an AI journey to incorporate AI into their operating model and expand their advanced analytics portfolio.