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Nuclear Corporation of America
Produced instruments and electronic products -
Filed Bankruptcy
Obtained new CEO E Kenneth Iverson -
Headquarters moved to North Carolina
In order to capitalize on steel joist products. -
Backward Integration into steel
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Name Changed to Nucor Corporation
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7th Largest Steel company in North America
4th for Steel Joists -
Period: to
Started Developing Steel
1998 Iverson Leaves -
2nd largest producer of Steel in US Sales
11 Million and revenues at 4.8 billion -
Started acquiring and building new plants
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23.7 billion in revenue and 1.8 billion net
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20 billion in revenue and 778.2 million in profit
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Largest steel plant in North America
23 plants producing 27 million tons