Nucor

Nucor Update

Calhoun Community College June 22, 2009

Our History - 1905 Ransom E. Olds • •

Oldsmobile & Reo Motor Car Co. Innovator – first producer of cars with electric lights, electric starters and pneumatic tires

Our History Vulcraft Corp.

• Steel joists and joist girders • Sparked company’s remarkable evolution

Nucor 2000 Nucor Facilities

• • • • • • O

•

Bar Mill Group (4) Structural Mills (2) Sheet Mill Group (3) Plate Mills (1) Vulcraft ( 7) Cold Finish Group (3) Building Systems Group (3) Fastener Division (1)

Nucor Today Nucor Facilities

• • • • • • O

• •

Bar Mill Group (12) Structural Mills (2) Sheet Mill Group (4) Plate Mills (2) Vulcraft / Verco joist & deck (16) Cold Finish Group (5) Building Systems Group (10) Fastener Division (1) Nucon (2)

Harris Steel Group Facilities  Reinforcing Steel Fabrication Plants - 23 Canadian Facilities - 23 U.S. Facilities • Cold Finished Bar, Wire, Mesh (“IPG”) - 2 Canadian Facilities

Sales Offices Monterrey, MX

• Steel & Aluminum Grating, Expanded Metal (“IPG”) - 5 Canadian Facilities - 6 U.S. Facilities

Neuchatel, SWZ Hawaii Kapolei

NAFTA’S most DIVERSIFIED steel producer

Trinidad Nu-Iron DRI Facility

Growth Platform – Scrap

61 Scrap Processing Facilitie s

Growth Platform – International

Duferdofin-Nucor beams & long products joint venture San Zeno Pallanzeno

Italy San Giovanni

Sicily

Giammoro

Nucor Overview • Sales have grown from $3.5 billion in 1995 to $23.6 billion in 2008 • Steel shipments have grown from 7.7 million tons in 1995 to 20.5 million tons in 2008

8

Net Sales 2000-2008 (millions of dollars)

25,000

20,000

15,000

10,000

5,000

0 2000

2001

2002

2003

2004

2005

2006

2007

2008

Steel Shipments 2000-2008 (millions of tons)

Net Income 2000-2008 (Millions) 2,000 1,800

2

5%

C

R G A

1,600 1,400 1,200 1,000 800 600 400 200 0 2000

2001

2002

2003

2004

2005

2006

2007

2008

Nucor Defined Lean Management Innovation Environmental Stewardship Rural Locations Commitment to Team Members

Our Strategy Optimize Existing Operations Pursue Strategic Acquisitions Greenfield thru New Technology Global Growth thru JV’s

Alabama Vulcraft – Ft. Payne Nucor Steel Birmingham Nucor Steel Decatur Nucor Steel Tuscaloosa American Buildings Company - Eufaula

Vehicle Assembly Plants in SE US

Handling the Recession • No layoff practice • Product Development • Community Involvement • Provided labor resources to Decatur Beautification Department • Building wheel chair ramps for elderly • Assisted numerous local organization with labor resources during slow time

Nucor Decatur’s Future • Safety

•Do what’s right !!!!

• Team first • Communication • Results