Steel Products
August 10, 2017
Nucor to Acquire Cold Finish Facilities in Missouri and Mexico
Written by Sandy Williams
Nucor Corporation announced today that it will acquire St. Louis Cold Drawn, Inc., a manufacturer of cold finished steel bar. The company’s cold drawn rounds, hexagons, squares, and special sections serve the U.S. and Mexican automotive and industrial markets and will add to Nucor’s value-added product portfolio.
“This acquisition fits with our planned growth strategy by expanding Nucor’s position as the market leader in cold finished bar products. It also creates synergies with our bar mills by providing an additional channel to market for the special bar quality (SBQ) products we produce,” said John Ferriola, Chairman, CEO and President, Nucor Corporation.
