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About Us: History
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That could have been the end of the story. Liquidators had been lined up to auction the equipment and raze the facility. But the former President of Worthington Industries, Don Malenick, had another idea. Don had recently retired after 40 plus years from Worthington, where he had held the position of President for the final 26 years. He had an in-depth understanding of the potential value of the facility and also maintained his love for the steel industry in the Central Ohio area. And so Don developed a personal mission to salvage the industrial icon on Columbus’ South Side. He assembled a team of investors to purchase the assets of the business out of bankruptcy, as well as a team of veteran railroad foundry men to start the new business.
The new entity, Columbus Castings, is based on a business model designed to be the lowest cost and highest integrity supplier of cast steel products in the industries it serves. The business was formed with a “pro-employee”, “union-free” philosophy, created to engage its employees talents to the fullest. When the business does well and makes a profit, then all eligible employees will share in the success. Employees are incited to work hard as a team and find ways to do their jobs better, faster and safer.
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