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Nucor Corp


Nucor Corp was established in 1940 and is based in Charlotte, North Carolina. It’s a publicly traded company having a good stock performance result. Nucor Corp is a fortune 500 stock listed company trading under NUE.

Nucor Corporation is the largest steel producer in the United States and had net sales of 12.7 billion dollars in 2005. Nucor is the nation's largest recycler. In 2004, Nucor recycled roughly 17 million tons of scrap steel, with 5 million of those tons being automobiles. Nucor's origins are with auto manufacturer Ransom E. Olds, who founded Oldsmobile and then Reo Motor Cars. Through a series of transactions, the company Olds founded ultimately became the Nuclear Corporation of America. Nuclear Corporation was involved in the nuclear instrument and electronics business in the 1950's and early 1960's.
 
Nucor Corporation engages in the manufacture and sale of steel and steel products in the United States. The company’s steel products consist of steel joists and joist girders, steel deck, cold finished steel, metal building systems, steel fasteners, and light gauge steel framing. Its steel mills’ products consist of hot-rolled steel, such as angles, sheet, rounds, flats, channels, wide-flange beams, blooms, beam blanks, pilings, billets, plate, and cold-rolled steel. It sells its hot-rolled steel and cold-rolled steel to steel service centers, fabricators, and manufacturers; and steel deck and steel joists and joist girders to general contractors and fabricators; and cold finished steel and steel fasteners to distributors and manufacturers through its in-house sells force.
 
Nucor’s net sales for 2005 were a record 12.70 billion dollars, an increase of 12percent from 11. 8 billion dollars in 2004. Net earnings were a record of 1. 1 billion dollars, which was an increase of 17percent over 1.12 billon dollars earned in 2004. Although Nucor has a extensive history of exceptional financial performance, 2004 and 2005 have truly been getaway years.
 
Nucor is dedicated to approachable service, unbending quality, and competitive pricing. Through nonstop innovation, modern equipment, commitment to the customer and attention on productivity from a highly motivated work force, Nucor has renowned itself as a leading producer of quality steel and steel products. And, while steel and steel products are Nucor's business, the real business of Nucor is it’s pledge to each and every customer on each and every order.

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