Deal Snapshot
Nucor Fastener Acquires Coil Processing Facility in Indiana, USA
Monday 11 October 2021

US-based steelmaker Nucor Corp. (NYSE: NUE) is expanding its Nucor Fastener division has acquired an existing coil processing facility in Shelbyville, Indiana, the company said.

This facility includes an automated clean and coat line, 2 STC furnaces and wire drawing capabilities. In addition to coil processing, the company will also be expanding its fastener manufacturing capabilities by installing bolt making equipment at the Shelbyville facility. This new operation will employ approximately 33 team members at the outset with the potential to double those jobs as it reaches full capacity.

Date Published: 11/10/2021