Nucor Corporation

John Wolz

Nucor Corporation
2001 Revenue$4.14 billion
2000 Revenue $4.59 billion
2001 Closing Price52.96
2000 Closing Price39.69

Steelmaker Nucor�s 2001 sales were down, but analysts project higher numbers for 2002, due to both higher prices and increased volume.
Nucor�s cold finished steel sales � including production at its two fastener plants in Indiana and Arkansas � fell from 250,000 tons in 2000 to 203,000 for 2001.
Steel sales were off 10% from 2000. U.S. steelmakers struggled in 2000, though Nucor continued its expansion with opening new steel plants.
Nucor entered the steel fastener business in 1986 when it opened a $25 million plant in St. Joe, IN. The facility produces hex-head cap screws, hex bolts and socket-head cap screws. Nucor Fastener opened a second plant in Conway, AR, in late 1995.
Nucor fasteners are used in automotive, machine tool, farm implement, construction and military applications.

Headquarters: 2100 Rexford Rd., Charlotte, NC 28211. Tel: 704 366-7000 Fax 704 362-4208
Web: nucor.com
NYSE Symbol: NUE
CEO: Daniel Dimicco
Key fastener executives: Mike Parrish, executive vice president, and fastener general manager Jerry DeMars.
Employees: 7,900 \�2002 FastenerNews.com