Worthington Enterprises, Inc. presented at the CG 45th Annual Growth Conference where CEO Joe Hayek discussed the company's journey since separating from its steel business.
The company emphasizes its people-first performance-based culture and focus on niche markets for market leadership.
Worthington's business system includes continuous improvement, lean manufacturing, new product development, and targeted M&A. The company sees itself as a 70-year-old startup with a strong growth engine.
Strategic Separation
The separation from the steel processing business allowed Worthington Enterprises and Worthington Steel to thrive independently based on their capital allocation needs.
Culture & Leadership
Worthington boasts a 70-year-old company culture with a focus on attracting and retaining long-term employees, emphasizing the importance of experience in driving performance.
Market Focus
The company targets niche markets where it can achieve market leadership, utilizing a growth engine consisting of continuous improvement, new product development, and strategic M&A.
- Worthington Enterprises' strategic separation from its steel processing business has allowed for focused growth and capital allocation.
- The company's culture and focus on niche markets position it well for future market leadership and innovation.
Worthington Enterprises' presentation at the CG 45th Annual Growth Conference showcased the company's strategic direction, emphasizing culture, market focus, and growth strategies. The separation from the steel business has paved the way for independent success and continued innovation.