Nucor
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| Public company | |
| Traded as | : NUE S&P 500 Component |
| Industry | Steel |
| Founded | 1940 |
| Headquarters | Charlotte, North Carolina, United States |
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Key people
|
John James Ferriola, Executive Chairman, CEO & President |
| Products | steel, rebar |
| Revenue |
 US$16.4394 billion (2015) |
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US$357.6 million (2015) |
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| Total assets |
US$14.25 billion (2015) |
| Total equity |
US$7.416 billion (2015) |
|
Number of employees
|
23,700 (2015) |
| Website | www.nucor.com |
Nucor Corporation is an American producer of steel and related products. It currently ranks as the largest steel producer in the United States of America and is the largest "mini-mill" steelmaker (i.e. it uses electric arc furnaces to melt scrap steel as opposed to blast furnaces to melt iron). Nucor is North America's largest recycler of any material and recycled 16.9 million tons of scrap in 2015. It is headquartered in Charlotte, North Carolina, United States.
In 2015, the company produced and sold over 25 million tons of steel. Nucor operates 23 scrap-based steel production mills.
Nucor produces steel bars (carbon and alloy steel), beams, sheet / flat rolled steel, plate, steel joists, joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, light gauge steel framing, steel grating, expanded metal, and wire and wire mesh. In addition, through its David J. Joseph Company subsidiary, Nucor also brokers ferrous and nonferrous metals, pig iron and HRI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.
Nucor's history consists of distinct eras: the Reo Motor Car era, the Nuclear Corporation of America era, the Iverson years (1967–98), the DiMicco era (2000-2012), and the Ferriola era (2013–present).
Nucor's origins are with auto manufacturer Ransom E. Olds, who founded Olds Motor Vehicle Company in 1897 (later, as Oldsmobile, to become a part of General Motors Corporation). In 1905, Olds left Oldsmobile and established a new company, REO Motor Car Company, in Lansing, Michigan. Though Olds' products, including the luxurious REO Flying Cloud car and REO Speed Wagon truck, were popular, they were not profitable, and the company filed for bankruptcy protection in 1938.
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Wikipedia