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Subsidy Tracker Parent Company Summary
Parent Company Name: Worthington Industries
Ownership Structure: publicly traded (ticker symbol WOR)
Headquartered in: Ohio
Major Industry: metals
Specific Industry: metal products
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $5,580,629 | 23 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $5,580,629 | 23 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $1,432,942 | 2 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $1,432,942 | 2 |
Time Period for State and Local Awards: Earliest year of data: 1993. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2010.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Ohio | $3,081,098 | 10 |
| Tennessee | $800,000 | 4 |
| South Carolina | $700,000 | 2 |
| Wisconsin | $430,000 | 1 |
| Mississippi | $400,000 | 2 |
| All other | $169,531 | 4 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value  . | Loan/Bailout Value | Type of Subsidy |
| WORTHINGTON INDUSTRIES, INC. | Ohio | state | 1995 | $1,630,857 | | enterprise zone |
| Worthington Industries Engineered Cabs, LLC | South Carolina | state | 2013 | $500,000 | | grant |
| Worthington Cylinders Wisconsin, LLC | Wisconsin | state | 2013 | $430,000 | | tax credit/rebate |
| Angus Industries | Tennessee | state | 2013 | $375,000 | | grant |
| GERSTENSLAGER COMPANY | Ohio | state | 2010 | $300,000 | | grant |
| Worthington Industries Engineered Cabs, Inc. | Tennessee | state | 2016 | $300,000 | | grant |
| Westerman Nuclear LLC | Ohio | state | 2010 | $298,526 | | tax credit/rebate |
| GERSTENSLAGER COMPANY | Ohio | state | 2011 | $250,000 | | grant |
| WORTHINGTON INDUSTRIES INC | Ohio | state | 2015 | $247,854 | | grant |
| Worthington Cylinder | Mississippi | state | 2010 | $200,000 | | grant |
| Worthington Cylinders | Mississippi | state | 2010 | $200,000 | | grant/loan hybrid program |
| Worthington Industries Engineered Cabs, LLC | South Carolina | state | 2014 | $200,000 | | grant |
| WORTHINGTON INDUSTRIES INC | Ohio | state | 2013 | $151,051 | | training reimbursement |
| The Worthington Steel Company | Ohio | state | 2016 | $96,000 | | tax credit/rebate |
| Angus Industries | Tennessee | state | 2012 | $80,000 | | training reimbursement |
| STRUCTURAL COMPOSITES INDUSTRIES, L.L.C. | California | state | 2011 | $73,031 | | training reimbursement |
| Worthington Steelpac Systems a/k/a Worthington Packaging Solutions | Pennsylvania | state | | $70,000 | | grant |
| Worthington Steel Company & Worthington Industries Incorporated | Ohio | state | 2008 | $53,866 | | enterprise zone |
| Angus Industries, Inc. | Tennessee | state | 2013 | $45,000 | | training reimbursement |
| SHARON COMPANIES LTD | Ohio | state | 2008 | $42,944 | | grant |
| The Worthington Steel Company | Indiana | state | 2010 | $20,500 | | training reimbursement |
| WORTHINGTON INDUSTRIES INC | Ohio | state | 2022 | $10,000 | | grant |
| Worthington Industries | South Dakota | state | 2014 | $6,000 | | grant |
| Worthington Welding, Incorporated d/b/a Worthington Trailers | Pennsylvania | state | | | $1,216,604 | loan or bond financing |
| Worthington Welding, Incorporated dba Worthington Trailers | Pennsylvania | state | | | $216,338 | loan or bond financing |
| THE WORTHINGTON STEEL COMPANY JACKSON | Michigan | local | 1993 | undisclosed | | property tax abatement |
| WORTHINGTON STEEL OF MICHIGAN INC. | Michigan | local | 1993 | undisclosed | | property tax abatement |
| WORTHINGTON STEEL OF MICHIGAN | Michigan | local | 1995 | undisclosed | | property tax abatement |
| SPARTAN STEEL COATING LLC | Michigan | local | 1996 | undisclosed | | property tax abatement |
| WORTHINGTON STEEL OF MICHIGAN | Michigan | local | 1996 | undisclosed | | property tax abatement |
| SPARTAN STEEL COATING LLC | Michigan | local | 2008 | undisclosed | | property tax abatement |
| Worthington Cylinders Corp. | Ohio | state | 1994 | undisclosed | | tax credit/rebate |
| Worthington Steel Company, The and Worthington Industries Incorporated | Ohio | state | 1995 | undisclosed | | tax credit/rebate |
| Worthington Steel Company, The et al. | Ohio | state | 1997 | undisclosed | | tax credit/rebate |
| Gerstenslager Company, The | Ohio | state | 2000 | undisclosed | | tax credit/rebate |
| Worthington Stairs LLC | Ohio | state | 2006 | undisclosed | | tax credit/rebate |
| Spartan Steel Coating, LLC | Michigan | state | 1999 | undisclosed | | property tax abatement |
