Duke Energy, in collaboration with Amazon, Google, Microsoft, and Nucor, announced new initiatives to enhance carbon-free energy generation and address the energy needs of large businesses in North Carolina and South Carolina. This announcement, made at the White House Summit on Domestic Nuclear Deployment, marks a significant move towards sustainable energy practices in the region. […]
Nucor Corporation, a US-based manufacturer of steel and steel products, said that its towers and structures business division will construct a new electric transmission tower production plant in Decatur, Alabama. The new transmission tower production facility will be built next to the Nucor Steel Decatur sheet steel mill. It is the initial of two tower-producing […]
California Steel Industries (CSI), a joint venture between American steel producer Nucor and JFE Steel of Japan, will construct a continuous galvanizing line at its mill in Fontana, California, to cater to the construction end markets in the western US. The new galvanizing line with 400,000 tons of annual capacity will help California Steel Industries […]
Nucor Corporation has agreed to acquire C.H.I. Overhead Doors, a manufacturer of garage doors, from an affiliate of investment funds managed by Kohlberg Kravis Roberts & Co. L.P. (KKR) for $3 billion. Based in Illinois, C.H.I. Overhead Doors caters to the residential and commercial markets in the US and Canada. The company manufactures overhead door […]
Nucor Corporation has selected Mason County in West Virginia for its nearly $2.7 billion worth new sheet mill that will produce three million tons of steel per annum. According to the American steel production company, the West Virginia location on the Ohio River offers it key advantages in transportation and logistics. Apart from that, the […]
US-based steel production company Nucor Corporation has agreed to acquire the insulated metal panels (IMP) business of Cornerstone Building Brands for $1 billion in an all-cash deal. Insulated metal panel products are wall and roof panel solutions, made up of an energy efficient foam core that is sandwiched between two layers steel or aluminum layers. […]
Nucor, a US steel manufacturer, has agreed to purchase the power generated by the 367MW Western Trail wind project being constructed by Ørsted in Wilbarger County, Texas. Ørsted has now two power purchase agreements (PPAs) for underpinning the Texan wind farm. Earlier, it had signed a PPA with soft drinks giant PepsiCo. Leon Topalian – […]
Nucor acquisition of POK : US steel producer Nucor has acquired a Mexican precision castings company Corporation POK which has a facility in Guadalajara. POK is engaged in production of complex castings and precision machined products to original equipment manufacturers in industries like Oil & Gas, Mining, Sugar Mills and Pumps & Valves. The precision […]