Mr John McConnell chairman & CEO of Worthington Industries Inc said that "Our company continues to leverage our core competency as a diversified metals manufacturer by acquiring high return and high value added businesses that serve attractive end markets. The acquisition of Angus Industries is a result of that focus and we are pleased to have this market leader in the design and manufacturing of high quality, custom engineered cabs in the Worthington family."

He added that "We are aggressively positioning Worthington Industries for growth. Our focus over the last three years has been on improving our existing businesses or exiting them, and finding new, complementary businesses to help us achieve our strategic goal of decreasing earnings volatility. We are strengthening our brand offerings and added new growth opportunities in Cylinders. Our Steel Processing segment is operating at a high level and we have positioned our joint ventures to continue their strong results. Even with the slow economy, we have seen incremental improvements in many of our markets and believe we can continue to grow our bottom line."