Thursday, August 10, 2017

Nucor to buy St. Louis-based steel bar manufacturer

Charlotte-based Nucor Corp. (NYSE:NUE) has agreed to acquire a company that extends its reach in the automotive industry. Nucor said Thursday that it will purchase St. Louis Cold Drawn Inc., a manufacturer that primarily serves the U.S. and Mexican automotive and industrial markets. The St. Louis-based company employs 125 people and has two manufacturing plants located in St. Louis and Monterrey, Mexico. The steelmaker did not disclose terms of the deal, and a message left with Nucor Thursday was…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/08/10/nucor-to-buy-st-louis-based-steel-bar-manufacturer.html?ana=RSS%26s=article_search

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