Nucor reports results for the First Quarter of 2024
Net earnings attributable to Nucor stockholders of $844.8 million, or $3.46 per diluted share Net sales of $8.14 billion Net earnings before noncontrolling interests of $959.0 million; EBITDA of $1.50 billion Nucor Corporation has announced consolidated net earnings attributable to Nucor stockholders of $844.8 million, or $3.46 per diluted share, for the first quarter of 2024. By comparison, Nucor reported consolidated net earnings...
Nucor introduces new hot-rolled coil spot pricing
Nucor Corporation announced today that it is introducing a weekly Nucor Consumer Spot Price (CSP) to provide its customers with consistent and transparent communications regarding the Company’s hot-rolled coil spot pricing. Nucor will issue the first CSP on Monday, April 8, 2024. “We are constantly looking for better ways to serve our customers, not only with quality products and services, but also with timely information...
Nucor to acquire manufacturer of data center infrastructure
Nucor Corporation just announced that it has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data center infrastructure for $115 million. SWDP’s offices and manufacturing facility are in San Bernardino, California and the company employs approximately 147 teammates. Nucor is also announcing the launch of Nucor Data Systems, a new business unit that will help better serve our customers in the data...
Unirope becomes first AWRF accredited member
Unirope Limited was the first rigging shop to become an Associated Wire Rope Fabricators (AWRF) accredited member. Unirope completed a successful in-person audit, conducted by AWRF’s third-party auditors, the Lifting Equipment Engineers Association (LEEA). The AWRF Accreditation Program is a voluntary opportunity for all member companies and their affiliated branches. Using the current revision of AWRF RP&G, Recommended Practice...
New Age Industrial promotes Scott Schrum to Assistant National Sales Manager
New Age Industrial has announced the promotion of Scott Schrum to Assistant National Sales Manager of the Material Handling Division. Scott is a driven business leader with over 30 years of success driving growth through effective sales and management strategies. He holds a Bachelor of Business Administration degree with a minor in Economics obtained from the University of Kansas. “With his deep commitment to customer focus,...
Nucor reports results for the Fourth Quarter and Full Year 2023
Fourth quarter and full year 2023 diluted EPS of $3.16 and $18.00, respectively. Fourth quarter and full year 2023 net earnings before noncontrolling interests of $872.8 million and $4.91 billion, respectively; EBITDA of $1.36 billion and $7.41 billion, respectively. 2024 is expected to be another strong year as Nucor executes its strategy to grow the core and expand its portfolio of solutions. Capital deployment is expected to...
New battery test & assembly system from McAlister Design & Automation
The system enables pre-pack manufacturing testing of battery cells and battery cell performance data storage capabilities McAlister Design & Automation, a subsidiary of Wauseon Machine, revealed its new Battery Test and Assembly System. This battery system enables the inspection and testing of battery cells and assembly of battery packs, commonly used in electric vehicles and consumer products. The system has been developed to...
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