Nucor manufactures and sells a wide range of steel products, including bars, beams, sheets, and plates, and operates custom-engineered metal building systems through American Buildings Company. Its offerings cover construction, automotive, and industrial sectors, and the company has expanded its portfolio with acquisitions like Rytec high-performance doors. Nucor combines standard steelmaking with value-added building solutions to provide integrated material supply and building systems. Its goal is to deliver sustained value for customers and shareholders by focusing on reliable products, environmental responsibility, and steady dividends.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Charlotte, North Carolina
Founded
1940
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Nucor announces $105 million Indiana expansion, plans up to 100 new jobs. CRAWFORDSVILLE, Ind. (WOWO) - Nucor Corporation plans to invest $105 million to expand its manufacturing operations in Crawfordsville, with the project expected to create up to 100 new jobs by the end of 2029. The steel producer plans to add approximately 125,000 square feet to its existing Towers & Structures facility in Montgomery County. The facility sits on roughly 180 acres and began production in 2025. The expansion will increase production of engineered utility structures used in projects including electric grid upgrades, renewable energy development and electric vehicle charging infrastructure. Nucor expects to break ground on the expansion during the first quarter of 2027 and begin hiring for new positions in mid-2027. The company currently employs 328 people at the facility. State officials say the new positions are expected to offer average salaries nearly 150% of the Montgomery County average. The project is Nucor's fifth major investment in Indiana in recent years. The company says those projects represent a combined investment of nearly $598 million and approximately 400 new jobs. Other investments include a $290 million modernization of Nucor's Crawfordsville sheet mill, a $28.5 million insulated metal panel facility in Waterloo and a $59 million investment in its Vulcraft division in St. Joe. Nucor employs more than 2,600 people at more than a dozen locations across Indiana. The Crawfordsville expansion remains subject to the finalization of local incentives being considered by Montgomery County.
Nucor employees arrive in Decatur (video). 30 Nucor Steel employees reach their final destination in Decatur after four day long ride from Nashville for the 10th Annual Cycle the Ride fundraiser. |!| Decatur Discover more
Cyclists ride 300 miles for cancer research. Posted: Sep 27, 2026 / 05:40 PM CDT Updated: Sep 27, 2026 / 05:40 PM CDT DECATUR, Ala. (WHNT) - Cancer touches the lives of millions of Americans every day. That's why dozens of cyclists took to the road, riding hundreds of miles to raise money for cancer research. "Hopefully someday we'll be able to think or say that cancer is something we read about in the history books, and we've solved it," retired Nucor general manager Mike Lee said. Thirty Nucor employees rode their bikes from Nashville to the Nucor steel plant in Decatur as part of the annual Cycle the South event. This is the 10th year in a row that employees rode bikes in support of cancer research. They rode about 300 miles over four days, raising money and spreading awareness along the way. "A lot of hills, a lot of climbs. It's tough, but we make it, and that's all for a great cause," Lee said. Thousands of people are diagnosed with cancer in Alabama every year. Many of the riders in the cycling event have been impacted by cancer in some way in their lives. "If you know Nucor, you know we're community-driven. We're looking for anything we can do to help in the community. We have 800 teammates here, and every single one of them get behind everything we do for Relay," American Cancer Society volunteer Jean Hutto said. The concept for this event is based on a similar ride that happens in Ohio. Cyclists take different routes each year, with last year's ride going from New Orleans to Jackson, Mississippi. Family and friends cheered on the squad of cyclists as they pulled into Nucor. "The support that we get from everybody is, I couldn't ask for anything more. It's phenomenal," event organizer Karen Woldahl said.
Jim Cramer prefers Nucor over Reliance, calling the latter "terrific" and "a very, very good company" during Mad Money's lightning round on 8 September. He previously described Reliance as "not outrageously expensive" after a sharp price increase. Reliance reported second-quarter revenue of $4.63 billion, up 26.5% year over year, with non-GAAP diluted EPS rising 41.5% to $6.27. The company expects third-quarter tons sold to decline 2% to 4% sequentially, whilst average selling price per ton should increase 1% to 3%. Nucor reported second-quarter net earnings of $1.16 billion, or $5.04 per diluted share, compared with $603 million a year earlier. The company expects higher consolidated earnings in the third quarter, driven by higher realised prices and stable steel-mill volumes. Hedge fund holdings increased at both companies during the second quarter.
Steve Ashmore, Commercial Director with Nucor Door Technologies retires. After a 38-year career, Steve Ashmore, Commercial Director with Nucor Door Technologies, has announced his retirement from Nucor Corporation effective July 24, 2026. In his role, Steve provided strategic leadership in advancing sales initiatives and expanding customer opportunities within the Nucor Door Technologies division. Steve joined Nucor following the acquisition of Rytec Corporation, where he served as President and Chief Executive Officer. Under his leadership, Rytec continued to grow and excel operationally, culminating in its successful acquisition by Nucor. Steve's leadership helped position Rytec for long-term success and laid a solid foundation for its next chapter as part of the Nucor family. Before Rytec, Steve built an accomplished career leading sales teams and delivering strong growth at organizations including Optimerbrands, Travelport and MatrixOne. Throughout his career, Steve has been recognized as a strategic, results-oriented leader with a strong commitment to teammates, customers, and business excellence. Have questions? Let's talk about how high-performance doors can help enhance your facility. Get connected with your local Rytec Regional Sales Managers.