WORTHINGTON ENTERPRISES INC
For the period ended May 31, 2024. Filed Jul 30, 2024.
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FY2024 · Filed Jul 30, 2024
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Item 2. Properties
Our principal corporate offices are located in an owned building in Columbus, Ohio, which also houses the principal corporate offices of our reportable segments. We also own three facilities in Columbus, Ohio used for administrative and medical purposes. At May 31, 2024, including our consolidated and unconsolidated joint ventures, we owned or leased more than 4,000,000 square feet of space for operations, most of which is dedicated to manufacturing facilities. More details on these facilities are contained in the table below. We believe these facilities are well maintained and in good operating condition and are sufficient to meet our current needs. All of the locations we operate facilitate manufacturing and/or distribution activities.
Operating Segments
| Operating Segment | Location | Number of facilities | Leased | Owned |
|---|---|---|---|---|
| Consumer Products | Kansas (2), New Jersey, Wisconsin | 4 | 2 | 2 |
| Building Products | Kentucky, Maryland, Ohio (3), Rhode Island, Norway, Portugal | 8 | 1 | 7 |
| Total | 12 | 3 | 9 |
Consolidated Joint Venture
| Joint Venture | Location | Number of facilities | Leased | Owned |
|---|---|---|---|---|
| Halo | Kentucky | 1 | 1 | - |
| Total | 1 | 1 | - |
Unconsolidated Joint Ventures
| Joint Venture | Location | Number of facilities | Leased | Owned |
|---|---|---|---|---|
| ClarkDietrich | California (2), Connecticut, Georgia, Illinois, Maryland, Missouri, Florida (2), Ohio (2), Texas (2), Canada | 14 | 12 | 2 |
| Sustainable Energy Solutions | Austria, Germany, Poland | 3 | - | 3 |
| WAVE | California (2), Georgia, Maryland (2), Michigan, Nevada | 7 | 5 | 2 |
| Workhorse | Minnesota, South Dakota, Tennessee | 3 | 3 | - |
| Total | 27 | 20 | 7 |
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