Worthington Industries Reports Growth from Acquisitions in Fiscal First-Quarter 2013, Sees Uncertainty Looming

SUGAR LAND--September 28, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Diversified metals manufacturer Worthington Industries Incorporated (NYSE:WOR) (Columbus, Ohio) reported overall improvement for the first quarter of the company's fiscal year 2013, as stronger volumes, particularly those resulting from acquisitions in the Engineered Cabs and Pressure Cylinders segments, offset the effects of lower average selling prices, especially in the Steel Processing segment. Net earnings were reported to be $33.96 million, a 32.39% increase from fiscal first-quarter 2012. Industrial Info is keeping tabs on 22 operational plants owned by Worthington in its growing North American Metals & Minerals Project Database, including 10 in Ohio, two in Maryland and two in Mexico.