The plant in Oak Creek, Wis., produces alloy cold-finished bars used to make shafts for lawn mowers, appliances, automobiles and air conditioner compressors, with an annual capacity of 140,000 tons. The sale was scheduled to close in February.
Nucor to Purchase Wisconsin Finishing Plant
March 1, 2005
Steel producer Nucor Corp., Charlotte, N.C., has agreed to buy the assets of a Wisconsin finishing plant owned by Fort Howard Steel Inc. No terms were disclosed but the acquisition will make Nucor the largest producer of cold-finished bar products in the country, Nucor representatives said.