Worthington Steel Inc.

11/11/2024 | Press release | Distributed by Public on 11/11/2024 08:21

Worthington Steel Earns 2025 Military Friendly® Employer Designation

COLUMBUS, OHIO (Nov. 11, 2024) - Worthington Steel, Inc., (NYSE: WS) announced today that it has earned the 2025 Military Friendly® Employer designation by VIQTORY. Since 2003, through its proprietary survey, Military Friendly® has established the standard for measuring an organization's commitment, effort and success in creating sustainable and meaningful benefits for the military community through civilian employment, educational and entrepreneurial opportunities. Worthington Steel was among 308 employers named to the 2025 list from over 1,200 participating companies.

"This recognition is very special to us. It marks our 10th consecutive year to achieve Military Friendly® designation, and our first since Worthington Steel became a standalone public company in December 2023," said Worthington Steel President and CEO Geoff Gilmore. "More than that, it recognizes the true heroes, our military members and veterans for their service to our country and the outstanding skills and qualities these individuals bring to Worthington Steel and beyond. We remain strongly committed to supporting this community through our internal programs, recruitment efforts and veteran outreach."

Worthington Steel will be showcased as a 2025 Military Friendly® Employer in the winter issue of G.I. Jobs® magazine and on www.MilitaryFriendly.com. Manufacturers led the list, representing 11% of Military Friendly® designated employers.

"Organizations earning the Military Friendly® Employers designation have wholeheartedly invested in comprehensive and impactful initiatives that bring about positive, life-changing results for our valued service members, dedicated military spouses and esteemed veterans within their ranks," said Kayla Lopez, senior director of partnerships at Military Friendly®. "We salute these exemplary employers who raise the bar and understand that hiring military personnel is not merely an act of goodwill but a testament to a standard that truly embodies sound business wisdom. Their commitment to integrating military personnel into their workforce not only reflects their compassion but also underscores their business acumen."

Institutions earning the Military Friendly® Employers designation were evaluated using both public data sources and responses from a proprietary survey. Methodology, criteria and weightings were determined by VIQTORY with input from the Military Friendly® Advisory Council of independent leaders in the military recruitment community. Final ratings were determined by combining an organization's survey score with an assessment of the organization's ability to meet thresholds for Recruitment, New Hire Retention, Employee Turnover and Promotion & Advancement of veterans and military employees.

About Military Friendly® Employers

Military Friendly® is the standard that measures an organization's commitment, effort and success in creating sustainable and meaningful benefits for the military community. Over 2,800 organizations compete for Military Friendly® designation annually. Military Friendly® ratings are owned by VIQTORY, Inc., a service-disabled, veteran-owned small business. VIQTORY is not affiliated with or endorsed by the U.S. Department of Defense or the federal government. Results are produced via a rules-based algorithm. The data-driven Military Friendly® lists and methodology can be found at https://www.militaryfriendly.com/mfcguide/.

About VIQTORY:

Founded in 2001, VIQTORY is a service-disabled, veteran-owned small business (SDVOSB) that connects the military community to civilian employment, educational and entrepreneurial opportunities through its owned assets such as Military Spouse Magazine®, Vetrepreneur®, G.I. Jobs® and Military Friendly® brands. VIQTORY and its brands are not a part of or endorsed by the U.S. Department of Defense or any federal government entity. Learn more about VIQTORY at www.Viqtory.com.

About Worthington Steel

Worthington Steel (NYSE:WS) is a metals processor that partners with customers to deliver highly technical and customized solutions. Worthington Steel's expertise in carbon flat-roll steel processing, electrical steel laminations and tailor welded solutions are driving steel toward a more sustainable future.

As one of the most trusted metals processors in North America, Worthington Steel and its approximately 5,000 employees harness the power of steel to advance our customers' visions through value-added processing capabilities including galvanizing, pickling, configured blanking, specialty cold reduction, lightweighting and electrical lamination. Headquartered in Columbus, Ohio, Worthington Steel operates 32 facilities in seven states and six countries. Following a people-first Philosophy, commitment to sustainability and proven business system, Worthington Steel's purpose is to generate positive returns by providing trusted and innovative solutions for customers, creating opportunities for employees and strengthening its communities.

Safe Harbor Statement

Worthington Steel wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 (the "Act"). Statements by Worthington Steel 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, uncertainties and impacts described from time to time in Worthington Steel's filings with the Securities and Exchange Commission.