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