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Nucor Acquires Metal Panel Manufacturer TrueCore Insulated Panels
Friday 13 December 2019

13 December 2019 - North Carolina, US-based steel manufacturer Nucor Corp. (NYSE: NUE) is acquiring US-based metal panel manufacturer TrueCore, LLC, the company said.

Terms of the transaction were not disclosed.

TrueCore produces insulated metal panels serving the cold storage market, with future plans for additional commercial and industrial applications.

TrueCore said it will scale this company faster to meet the growing demand by adding additional products to its portfolio, including insulated roof panels and a line of fire-rated panels.

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the US, Canada and Mexico.
Date Published: 13/12/2019
Target: TrueCore, LLC
Country: USA
Sector: Construction/Real Estate
Type: Corporate acquisition
Status: Agreed
Buyer: Nucor Corp
Terms of the deal were not disclosed