Nucor Acquires Major Scrap Supplier

March 2008
Metal Center News;Mar2008, Vol. 48 Issue 3, p44
Trade Publication
The article reports on the acquisition of David J. Joseph Co. by Nucor Corp. for $1.44 billion in the U.S. It has been claimed that due to the buyout, David J. Joseph Co. will be a wholly owned subsidiary of Nucor Corp. and will maintain its headquarters in Cincinnati. According to Dan DiMicco, chief executive officer of Nucor Corp., David J. Joseph Co. offers Nucor Corp. a large platform for continued growth in the segment of the metal industry.


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