Worthington Steel, a longtime Ohio Manufacturers’ Association (OMA) member of more than 30 years, announced a $2.4 billion acquisition that signals continued momentum for Ohio manufacturing and strengthens the company’s position in global steel processing markets. The deal expands Worthington Steel’s geographic reach and product capabilities, reinforcing central Ohio’s role as a hub for advanced manufacturing investment and growth.

OMA President Ryan Augsburger said the move reflects the confidence Ohio manufacturers continue to show in innovation, scale and long-term competitiveness. “While some headlines focus on uncertainty, manufacturers in Ohio are investing, growing and proving that industrial leadership still starts here,” Augsburger added. “This kind of expansion shows what’s possible when companies commit to technology, talent and a manufacturing-first mindset.”

The announcement underscores the strength of OMA member companies driving growth across the state’s industrial economy. 2/16/2026