Nucor announces Plate Mill Group reorganization
Nucor Corporation announced today that it will reorganize the Company’s plate group, including ceasing production at Nucor Steel Longview, LLC. All Nucor Steel Longview teammates will be offered employment opportunities at other Nucor divisions. Purchased by Nucor in 2016 for approximately $29 million, the mill produces heavy steel plates and has a rated annual capacity of 100,000 tons. The assets at Longview will be evaluated...
Nucor reports results for the First Quarter of 2023
Net earnings attributable to Nucor stockholders of $1.14 billion, or $4.45 per diluted share Net sales of $8.71 billion Net earnings before noncontrolling interests of $1.23 billion; EBITDA of $1.89 billion Earnings are expected to increase in the second quarter of 2023 on stronger steel mills segment earnings Nucor Corporation has announced net earnings attributable to Nucor stockholders of $1.14 billion, or $4.45 per diluted share,...
Wildeck unveils new modern logo as part of company rebrand
One of the largest U.S. manufacturers of industrial steel work platforms (mezzanines), material lifts, safety guarding, and access products has updated its logo to reflect its path to the future Wildeck has announced the launch of its new Wildeck logo as part of the ongoing revolution of its company brand. With many creative sessions, Wildeck has selected a logo that is modern, with key elements that look toward the future. “The new...
Metal Fabricator eliminates pallet wrapping bottleneck with automated Orbital Wrapper
TAB Wrapper Tornado allows Penn sheet metal to wrap long pallet loads fast Metal fabrication company Penn Sheet Metal, Allentown, Pennsylvania, has cut the time required to stretch-wrap its pallet loads of architectural and roofing components and custom decorative building products from an average of 15 minutes per load to 60 seconds or less by replacing manual stretch-wrapping with the automated TAB Wrapper Tornado orbital wrapping...
Nucor reports record annual earnings for 2022
Nucor reports the safest and most profitable year in Company history, eclipsing prior records set in 2021 Fourth quarter and full year 2022 earnings per diluted share of $4.89 and $28.79, respectively Returned $3.3 billion of capital to stockholders through dividends and share repurchases Announced increased dividend for 5oth consecutive year since initial NYSE listing in 1972 Nucor Corporation has announced consolidated net earnings...
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