2020: Buys Precoat Metals Corp's paint line facility in Armorel, Arkansas.
2021: Signs second power purchase agreement for renewable energy in Texas.
2021: Signs purchase agreement to buy Cornerstone Building Brands' IMP business.
From its outset, none of Nucor's plants has been unionized. The Nucor culture is very much opposed to trade unions.
A further Nucor policy is to locate all manufacturing plant in non-urban locations - in order to develop close relations with local communities.
Nucor Steel is also well-known in the industry for its very lean and flat management structure, which comprises only four levels from CEO to shop floor operator.
2002: Micro mill is another world first - with Castrip® producing sheet steel from liquid steel in just a single step.
Harris Steel Group comprised several business units: Harris Rebar, involved in the fabrication and placing of concrete reinforcing steel and the design and installation of concrete post-tensioning systems; Laurel Steel, a manufacturer and distributor of wire and wire products including welded wire mesh and cold finished bar; and Fisher & Ludlow, a manufacturer and distributor of industrial steel grating.
2011 investment in Louisiana iron-making has long-term goal of increasing Nucor's control over its raw materials supply. Construction program includes a new high-capacity river port capable of handling ocean vessels as well as barges of pig iron and coal.
2012: Nuconsteel was a fabricator of light gauge steel framing with operations in Denton, Texas and Dallas, Georgia.
2012: Skyline Steel LLC is one of the leading piling distribution and production companies in North America.
2012: RG Steel - one of the biggest U.S. producers of flat-rolled steel - went into Chapter 11 proceedings in 2011 because of mounting debts. In 2012, many of its assets were sold on to other steelmakers. These assets sales included the transfer of ownership of the Sparrows Point, Maryland cold rolling facility to Nucor.
2014: Nucor Corporation announced on 8th October its purchase of all the equity of Gallatin Steel Company for approximately $770 million.
2015: Nucor invested ~$750 million in the St James mill, a direct reduced iron plant that uses natural gas to make high-purity steel pellets (DRI) from iron ore. Nucor mixes the pellets with scrap metal to make steel.
2016: Independence Tube is a leading manufacturer of hollow structural section steel tubing, which is used in a wide range of structural and mechanical applications including non-residential construction, infrastructure, and agricultural and construction equipment.
2016: Southland Tube is an independent manufacturer of hollow structural section steel tubing with annual shipments of about 240,000 tons.
2016: The acquisition by Nucor of Republic Conduit in Q4 2016 marks the company's third tube and pipe acquisition this year. Republic Conduit produces electrogalvanized electrical metallic tubing and intermediate metal conduit, as well as hot-dip galvanized electrical rigid metal conduit. The $335m purchase price amounts to approximately 6 times the average of Republic Conduit's 2015 and projected 2016 EBITDA.
2017: Omega Joist produces open web steel joists at its manufacturing facility located in Nisku, Alberta.
2018: New $240 million rebar micro mill will be located in Frostproof, Florida. The steel mill will employ approximately 250 people and will have a capacity of 350,000 tons/year.
2019: New state-of-the-art steel plate mill will be located in Brandenburg, Kentucky; along the Ohio River. Nucor will invest approximately $1.35 billion in this facility, which will be capable of producing 1.2 million tons per year of plate products. The plate mill will employ more than 400 full-time staff at an average annual salary of $72,000, and is expected to be fully operational in 2022, pending permit and regulatory approvals.
2019: TrueCore is an insulated metal panel manufacturing company with a facility in Laurens, SC. The firm employs 26 staff. TrueCore caters to the cold storage market and plans for additional industrial as well as commercial applications in the future.
2020: The Nucor-JFE Steel Mexico plant in Silao Guanajuato (in central Mexico) produces hot-dip galvanized sheet steel for the automotive market. The plant has an annual production capacity of around 400,000 short tons per annum, and produces sheets in thicknesses from 0.4 mm to 2.6 mm and in widths of 800 mm to 1,850 mm.
2020: Precoat Metals Corporation's paint line facility, located near the Nucor Steel Arkansas sheet mill, has a capacity of approximately 250 kt per year. Nucor had considered building a greenfield paint line before deciding to acquire the Precoat Metals facility.
2021: Power purchase deal was a 10-year agreement with Ørsted Onshore North America for 100 megawatts from Ørsted's Western Trail wind farm in North Texas.
2021: Cornerstone deal - valued at ~$1 billion - centred on acquisition of the insulated metal panels (IMP) business. This business division has seven manufacturing facilities located throughout North America at locations that complement the footprint of the Nucor Buildings Group and its existing IMP business. Through this deal, Nucor purchased two brands— Centria and Metl-Span— which provide a variety of products to service architectural and warehousing applications.