News & Events

COLUMBUS, OHIO (March 24, 2025) – Worthington Enterprises Inc. (NYSE: WOR), a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, today announced that its Viking Cylinders composite cylinders brand will now be sold using the Ragasco name throughout North America.

This transition unifies the Ragasco brand globally and aligns with the recent announcement of a new brand identity for Ragasco after Worthington Enterprises acquired Hexagon Ragasco in June 2024. Previously, Hexagon Ragasco marketed its cylinders in North America under the Vikings Cylinders brand. The Ragasco name, established in 1996, represents a legacy of innovation in manufacturing lightweight, customizable LPG composite cylinders. Ragasco cylinders are ideal for propane-powered forklifts in industrial settings as well as a wide range of hospitality and leisure applications.

“Leveraging the trusted Ragasco name strengthens our ability to deliver innovative solutions to the North American propane market,” said Bobby Weinberg, general manager - propane, Building Products, Worthington Enterprises. “As a trusted supplier of propane products, Worthington Enterprises is committed to providing high-quality solutions for a wide range of commercial and residential applications. We are excited to expand our North American portfolio with the addition of the Ragasco composite cylinder.”

About Worthington Enterprises

Worthington Enterprises (NYSE: WOR) is a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives. The Company operates with two primary business segments: Building Products and Consumer Products. The Building Products segment includes cooking, heating, cooling and water solutions, architectural and acoustical grid ceilings and metal framing and accessories. The Consumer Products segment provides solutions for the tools, outdoor living and celebrations categories. Product brands within the Worthington Enterprises portfolio include Balloon Time®, Bernzomatic®, Coleman® (propane cylinders), CoMet®, Garden Weasel®, General®, HALO™, Hawkeye™, Level5 Tools®, Mag Torch®, NEXI™, Pactool International®, PowerCore™, Ragasco®, Well-X-Trol® and XLite™, among others. The Company also serves the growing global hydrogen ecosystem via a joint venture focused on on-board fueling systems and gas containment solutions.

Headquartered in Columbus, Ohio, Worthington Enterprises and its joint ventures employ approximately 6,000 people throughout North America and Europe.

Founded in 1955 as Worthington Industries, Worthington Enterprises follows a people-first Philosophy with earning money for its shareholders as its first corporate goal. Worthington Enterprises achieves this outcome by empowering its employees to innovate, thrive and grow with leading brands in attractive markets that improve everyday life. The Company engages deeply with local communities where it has operations through volunteer efforts and The Worthington Companies Foundation, participates actively in workforce development programs and reports annually on its corporate citizenship and sustainability efforts. For more information, visit worthingtonenterprises.com.

Forward-Looking Statements

Statements by Worthington Enterprises that are not limited to historical information constitute “forward-looking statements” under federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from those expected by Worthington Enterprises. Readers should evaluate forward-looking statements in the context of such risks, uncertainties and other factors, many of which are described in Worthington Enterprises’ filings with the Securities and Exchange Commission (“SEC”). Forward-looking statements are qualified by the cautionary statements included in Worthington Enterprises’ SEC filings and other public communications. This press release speaks only as of the date hereof. Worthington Enterprises does not undertake any obligation to update or revise its forward-looking statements except as required by applicable law or regulation.