Steel Mills
June 8, 2021
Nucor Buying Insulated Metal Panels Business for $1 Billion
Written by Sandy Williams
Nucor will purchase Cornerstone Building Brand’s insulated metal panels (IMP) business for a cash price of $1 billion dollars. The purchase is expected to close later this year, pending regulatory approval.
The transaction includes seven manufacturing facilities located throughout North America that will complement Nucor Buildings Group and the company’s existing IMP business, TrueCore, the steelmaker said.
