UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):
                                           July 31. 2014
 
  WORTHINGTON INDUSTRIES, INC.
  (Exact name of registrant as specified in its charter)
     
Ohio 1-8399 31-1189815
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number ) Identification No.)
     
200 Old Wilson Bridge Road, Columbus, Ohio   43085
(Address of principal executive offices)   (Zip Code)
     
Registrant’s telephone number, including area code: (614) 438-3210
     
   Not Applicable  
   (Former name or former address, if changed since last report)  
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 
 
 
 Item 8.01.    Other Events.          
               
On July 31, 2014, Worthington Industries, Inc. (“Worthington”) announced that it has acquired the business of James Russell Engineering Works, Inc. (“JRE”). JRE manufactures aluminum and stainless steel cryogenic transport trailers used for hauling liquid oxygen, nitrogen, argon, hydrogen and liquefied natural gas (LNG) for top producers and distributors of industrial gases and LNG. JRE is located in Boston, Mass. and employs 32 people. Founded in 1874, the family owned business has produced cryogenic transport trailers for over 50 years. James Russell is recognized as a pioneer in the development of manufacturing LNG and industrial gas trailers in the U.S.
               
 Item 9.01   Financial Statements and Exhibits.          
               
(a) – (c)   Not applicable.          
               
(d)   Exhibits:          
               
99.1    News Release issued by Worthington Industries, Inc. on July 31, 2014.      

 
 
 
 
 
 
 
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
  WORTHINGTON INDUSTRIES, INC.
   
   
Date: July 31, 2014  
  By: /s/Dale T. Brinkman                                                        
    Dale T. Brinkman, Vice President-
Administration, General Counsel & Secretary
 

 
 
exh99_1.htm
 
 
Exhibit 99.1
 
 
Worthington Acquires Cryogenic Transport Trailer Maker
 
COLUMBUS, OH – July 31, 2014 -- Worthington Industries, Inc. (NYSE: WOR) today announced that it has acquired the business of James Russell Engineering Works, Inc. (JRE).   JRE manufactures aluminum and stainless steel cryogenic transport trailers used for hauling liquid oxygen, nitrogen, argon, hydrogen and liquefied natural gas (LNG) for top producers and distributors of industrial gases and LNG.
 
“JRE is recognized as making some of the highest quality trailers in North America. Their capabilities nicely complement the Aritas cryogenic business we recently purchased in Europe,” said Andrew Billman, president of the Worthington Industries pressure cylinders business.  “With the addition of JRE’s transport trailers, we now are able to support our customers’ storage and transport needs in every component of the LNG and industrial gas ‘mobile pipeline,’ from the oilfield to onsite storage and regasification.”
 
JRE is located in Boston, Mass. and employs 32 people.  Founded in 1874, the family owned business has produced cryogenic transport trailers for over 50 years.  James Russell is recognized as a pioneer in the development of manufacturing LNG and industrial gas trailers in the U.S. The company also offers cryogenic trailer repair services. JRE’s historical annual sales are $5-8 million.
 
About Worthington Industries
Worthington Industries is a leading diversified metals manufacturing company with 2014 fiscal year sales of $3.1 billion. The Columbus, Ohio based company is North America’s premier value-added steel processor and a leader in manufactured metal products, such as propane, oxygen, refrigerant and industrial cylinders, hand torches, camping cylinders, scuba tanks, compressed natural gas storage cylinders, helium balloon kits and exploration, recovery and production tanks for global energy markets; custom-engineered open and enclosed cabs and operator stations for heavy mobile equipment; laser welded blanks; steel pallets and racks; and through joint ventures, suspension grid systems for concealed and lay-in panel ceilings, current and past model automotive service stampings and light gauge steel framing for commercial and residential construction. Worthington employs approximately 10,000 people and operates 80 facilities in 10 countries.

Safe Harbor Statement
The company wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 ("the Act").  Statements by the Company which are not historical information constitute "forward looking statements" within the meaning of the Act.  All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected.  Factors that could cause actual results to differ materially include risks described from time to time in the Company's filings with the Securities and Exchange Commission.
 
 
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