Executive Summary Worthington Industries, Inc. is the “North American’s premier, value-added steel processor, providing customers with wide ranging capabilities, products and services for a variety of markets including automotive, construction and agriculture.” (Worthington, 2016).
Worthington Industries, Inc. was founded by John McConnell in 1955. The story begins at the end of World War II and at the beginning of an era of prosperity for America. John McConnell saw the need for steel manufacturing in this country and established his company on the principle of the “Golden Rule”. The idea of bringing a superior product to the market while delivering exceptional customer service is what Worthington has shown over the last 61 years (Worthington, 2016). Over those last 61 years, Worthington
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With projected revenue in 2020 being over $20 billion (Columbus, 2015), it has become one of the most controversial new technologies of the twenty-first century. With the excitement and anticipation of revolutionizing the manufacturing industry and great streams of income, came the social, environmental and legal implications as well.
3D printing can be used to manufacture multiple different goods; however, one product sticks out amongst all the rest, prosthetics. Currently prosthetics is a $23.5 billion dollar a year industry according to Tom Sanford (2014). The focus for Worthington would be to partner with a prosthetics manufacturing 3D printing company.
The benefits of a partnership with Worthington is their intense desire for social responsibility, long standing reputation for quality and strong financial backing which could help to create an environment for 3D printing to continue its evolution (Gilpin, 2016). It is with this in mind that we propose Worthington Industries partner with Standard Cyborg in a joint venture to bring prosthetic manufacturing into the 3D printing market (Quartz,