BNET Industries

Market Cap:$13.1B
Last Fiscal Year Sales:$16.5B
- Public
- US
Dow Jones Description
Headquartered in Charlotte, N.C., Nucor makes more steel in America than any other company. Nucor and affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; light gauge steel framing; steel grating and expanded metal; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and non ferrous scrap. Nucor is North America's largest recycler.
Chief Financial Officer
Terry LisenbyNumber of Employees 21,700
Peer Companies
NAICS Code Iron and Steel Mills: 331111
Recent Events
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Nucor CFO Lisenby To Retire; Names Successor - Update
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Nucor CFO Terry Lisenby to Retire at Year-End; Nucor Vice President and Corporate Controller James...
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CFOs on the Move: Week Ending October 23
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ArcelorMittal Posts Profit In Q3 After Three Consecutive Quarterly Losses - Update
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Nucor shares climb as analyst upgrades stock
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STOCKS NEWS US-Foster Wheeler rallies after Goldman upgrade
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Nucor has bought most of needed land for La. plant
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Nucor NUE Declares Quarterly Dividend of $0.35, Yielding 3.19%
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United States of America:US Steel reports net loss as demand, prices slump
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11 City Schools Removed From High Priority List
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Commercial Metals Slides To Loss In Q3 - Update
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SmarTrendR News Watch: Nucor Shares Higher on Announcement of Lower-than-Anticipated Second Quarter Loss
News & Analysis
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nucor corp. - All News and Analysis
Stocks Advances on Overseas Factory Data, Stimulus
By Edward KrudyNEW YORK (Reuters) - The Dow industrials and the S&P 500 index made new yearly highs on Wednesday after data showed China industrial output surged and Federal Reserve officials hinted money would remain cheap well into 2010.But stocks were off their morning highs as the U.S. dollar reversed...
Nucor: 'The Segment of the Economy We Serve Is Not Improving'
Dr. Duru submits: We do not believe that real demand…has really improved much since the end of last year, and we don’t see things in the economy from a flat roll standpoint or long product standpoint whether you’re talking automotive, construction, housing, non-residential construction, oil county[sic] goods...
Nucor Corporation Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions The first question comes from the line of Kuni Chen with Bank of America Merrill Lynch. Kuni Chen – Bank of America Merrill Lynch Just to start off the question on utilization rate and sustainability there, three months ago, I think you had...
Nucor Corporation. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Kuni Chen - Banc of America Securities. Kuni Chen - Banc of America Securities I guess this first question on the pig iron issue. What would you say is the minimum utilization rate that you would need to run at...
Nucor Corporation. Q2 2009 Earnings Call Transcript
Nucor Corporation. NUE Q2 2009 Earnings Call July 23, 2009 2:00 PM ET
Cramer's Mad Money- How to Invest in a Bear Market (7/2/09)
Stocks discussed in the in-depth session of Jim Cramer’s Mad Money TV program, Friday July 2. The following is a repeat broadcast of a Mad Money program that last aired on December 29 2008. by SA Editor Miriam Metzinger
Nucor Could Be a Steal
Dividends4Life submits: Linked here is a detailed quantitative analysis of Nucor Corp. NUE. Below are some highlights from the above linked analysis: Company Description: Nucor Corporation is engaged in the manufacture and sale of steel and steel products. As the largest minimill steelmaker in the U.S.,...
China Cutting Steel Capacity
Lee Eugene Munson submits: According to Reuters and other Asian papers, China’s steel industry is heading for its first loss since 1995. Demand is so bad that the Nihon Keizai Shinbun morning edition dated May 19, 2009 reported that the government is demanding that companies reduce excess capacity...
Nucor Corporation Q1 2009 Earnings Call Transcript
Earnings Call ExcerptNucor Corporation NUE Q1 2009 Earnings Call Transcript April 23, 2009; 2:00 p.m. ET Executives Daniel DiMicco - Chairman, President and Chief Executive Officer Terry Lisenby - Chief Financial Officer John Ferriola - Chief Operating Officer of Steelmaking Operations Hamilton Lott, Jr - Executive Vice President ...
Nucor Forges a Different Path
Dividends4Life submits: In a recent article looking at early warning signs of a dividend cut, two companies concerned me over their potential for a future dividend cut: Nucor Corp. NUE and Caterpillar Inc. CAT. The economic downturn lowered demand for the companies products which has resulted in sharply...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Terry Lisenby | Chief Financial Officer |
| D. Michael Parrish | Executive Vice President |
| Hamilton Lott Jr. | Executive Vice President |
| John Ferriola | Executive Vice President |
| Joseph Rutkowski | Executive Vice President |
| Ladd Hall | Executive Vice President |
| R. Joseph Stratman | Executive Vice President |
| James D. Frais | Vice President & Controller |
| Jerry Demars | Vice President, Product |
| Peter C. Browning | Lead Director |
| Richard Wechsler | General Manager, Business Development, Intl |
| Bernard Kasriel | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Daniel R. Dimicco | Board Chairman |
| James D. Hlavacek | Compensation & Executive Development Committee Chairman |
| Victoria F. Haynes | Compensation & Executive Development Committee Chairman |
| Christopher J. Kearney | Board of Directors |
| Clayton C. Daley Jr. | Board of Directors |
| Harvey B. Ganit | Board of Directors |
| Harvey B. Gantt | Board of Directors |
| John H. Walker | Board of Directors |
| John P Mitola | Board Member |
| Raymond J. Milchovich | Board of Directors |
| Thomas A. Waltermire | Board of Directors |
Mr. Lisenby has been Chief Financial Officer, Treasurer and Executive Vice President since January 2000. He previously served as a Vice President and Corporate Controller of Nucor Corporation from 1991 to 1999. Mr. Lisenby began his career with Nucor as Corporate Controller in 1985.
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Chief Financial Officer | Current |
| Nucor Corporation | Treasurer | Current |
| Nucor Corporation | Executive Vice President | Former |
| Nucor Corporation | Corporate Controller | Former |
Mr. Parrish has been an Executive Vice President of Nucor since November 1998 and was a Vice President from 1990 to 1998. He was General Manager of Nucor Steel, Hickman, Arkansas from 1995 to 1998; General Manager of Nucor Steel, Jewett, Texas from 1991 to 1995; General Manager of Vulcraft, Brigham City, Utah from 1989 to 1991; Production Manager of Vulcraft, Fort Payne, Alabama from 1986 to 1989; Engineering Manager of Vulcraft, Brigham City, Utah from 1981 to 1986; and Engineer at Vulcraft, St. Joe, Indiana from 1975 to 1981.
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Executive Vice President | Current |
Mr. Lott has been an Executive Vice President of Nucor since September 1999 and was a Vice President from 1988 to 1999. He was General Manager of Vulcraft, Florence, South Carolina, from 1993 to 1999; General Manager of Vulcraft, Grapeland, Texas from 1987 to 1993; Sales Manager of Vulcraft, St. Joe, Indiana from January 1987 to May 1987 and Engineering Manager there from 1982 to 1986. Mr. Lott began his career with Nucor as a Design Engineer at Vulcraft, Florence, South Carolina in 1975.
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Executive Vice President | Current |
| Nucor Corporation | Design Engineer | Former |
Mr. Ferriola has been Chief Operating Officer of Steelmaking Operations since September 2007. He previously served as an Executive Vice President of Nucor from 2002 to 2007 and was a Vice President from 1996 to 2001. He was General Manager of Nucor Steel, Crawfordsville, Indiana from 1998 to 2001; General Manager of Nucor Steel, Norfolk, Nebraska from 1995 to 1998; General Manager of Vulcraft, Grapeland, Texas in 1995; and Manager of Maintenance and Engineering at Nucor Steel, Jewett, Texas from 1992 to 1995.
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Executive Vice President | Current |
Mr. Rutkowski has been an Executive Vice President of Nucor since November 1998 and was a Vice President from 1993 to 1998. He was General Manager of Nucor Steel, Hertford County, North Carolina from August 1998 to November 1998; General Manager of Nucor Steel, Darlington, South Carolina from 1992 to 1998; Manager of Melting and Casting of Nucor Steel, Plymouth, Utah from 1991 to 1992; and Manager of Nucor Cold Finish, Norfolk, Nebraska from 1989 to 1991.
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Executive Vice President | Current |
Mr. Hall has been an Executive Vice President of Nucor since September 2007 and was Vice President and General Manager of Nucor Steel Berkeley County, South Carolina from 2000 to 2007; Vice President and General Manager of Nucor Steel Darlington, South Carolina from 1998 to 2000; Vice President of Vulcraft, Brigham City, Utah from 1994 to 1998 and General Manager there from 1993 to 1994; General Manager Vulcraft, Grapeland, Texas from June 1993 to September 1993; Sales Manager Vulcraft, Brigham City, Utah from 1988 to 1993; and Inside Sales at Nucor Steel Plymouth, Utah from 1981 to 1988.
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Executive Vice President | Current |
| American Metal Market LLC | Board of Directors | Current |
Mr. Stratman has been an Executive Vice President of Nucor since September 2007 and was Vice President and General Manager of Nucor Yamato Steel from 1999 to 2007. He was Vice President of Nucor Steel, Norfolk, Nebraska in 1999 and General Manager there from 1998 to 1999; Controller of Nucor Yamato Steel from 1991 to 1998; and Controller of Nucor Building Systems Waterloo, Indiana from 1989 to 1991.
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Vice President & Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Vice President, Product | Current |
| Nucor Fasteners | Vice President & General Manager | Former |
Peter C. Browning is non-executive chairman of Nucor Corporation, a steel products manufacturing company in Charlotte. Previously he was dean of the McColl Graduate School of Business, Queens University of Charlotte.
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Lead Director | Current |
| EnPro Industries, Inc. | Committee Member | Current |
| Nucor Corporation | Non-Executive Chairman | Current |
| Lowe's Companies, Inc. | Board Director | Current |
| The Phoenix Companies, Inc. | Director | Current |
| EnPro Industries, Inc. | Board of Directors | Current |
| Acuity Brands, Inc. | Board of Directors | Current |
| Lowe's Companies, Inc. | Governance Committee Member | Current |
| Limited Brands, Inc. | Former | |
| Nucor Corporation | Board of Directors | Former |
| Wachovia Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | General Manager, Business Development, Intl | Current |
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Board Chairman | Current |
| World Steel Association | Board of Directors | Current |
| Nucor Corporation | CEO | Former |
| Nucor Building Systems | Vice Chairman, President & CEO | Former |
| Nucor Corporation | President | Former |
| Nucor Corporation | Vice President | Former |
| Nucor Corporation | General Manager | Former |
| Nucor Corporation | Plant Metallurgist | Former |
| Nucor Corporation | Vice Chairman | Former |
| Nucor Corporation | Board Director | Former |
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Compensation & Executive Development Committee Chairman | Current |
| Nucor Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Ziptronix | President and CEO | Current |
| RTI | President and Chief Executive Officer | Current |
| Research Triangle Institute | President & CEO | Current |
| The Lubrizol Corporation | President and Chief Executive Officer of Rti International | Current |
| Nucor Corporation | Compensation & Executive Development Committee Chairman | Current |
| Ziptronix | Director | Current |
| PPG Industries, Inc. | Board Director | Current |
| Advanced Technology Group | Cto | Former |
| RTI | Chief Technical Officer and Vice President | Former |
| Advanced Technology Group | Vice President | Former |
| RTI | Director of Technology | Former |
| Riverside Transport Inc. | Former | |
| University of California, Berkeley | B.S. In Chemistry | Former |
Bernard Kasriel (1946) was appointed to the Lafarge Board of Directors in 1989. He was Chief Executive Officer of Lafarge from 2003 to 2005. He began his career in 1970 at the Institut du Développement Industriel. He then served as Chief Executive Officer of Braud from 1972 to 1974 and as Senior Executive Vice-President of the Société Phocéenne de Métallurgie from 1975 to 1977. He joined Lafarge in 1977 and held various executive positions within the Group, notably as Senior Executive Vice-President from 1982 to 1989, Chief Operating Officer from 1989 to 1994, and Vice-Chairman Chief Operating Officer from 1995 to 2003. From 1987 to 1989, he served as President and Chief Operating Officer of National Gypsum in Dallas, Texas. He holds various executive positions in the subsidiaries of Lafarge. He was director of Sonocco Products Company until 2007. His term of office expires at the General Meeting approving financial statements for the financial year ended 2009. He is a director of L'Oréal (France), Arkema and Nucor (United-States). He has been a partner and member of the Board of Directors of L.B.O. France since September 2006.
| Organization | Position | Status |
|---|---|---|
| Lafarge S.A. | Board Director | Current |
| Nucor Corporation | Director | Current |
| Nucor Corporation | Governance & Nominating Committee Member | Current |
| Lafarge S.A. | Chief Executive Officer | Former |
| Lafarge S.A. | Coo | Former |
| Lafarge S.A. | Vice President | Former |
| Lafarge S.A. | Managing Director | Former |
| Ecole Polytechnique | Former | |
| Lafarge S.A. | Vice Chairman | Former |
Christopher J. Kearney, 54, is Chairman, President and Chief Executive Officer of SPX. He was named President and Chief Executive Officer in December 2004, and added the title of Chairman in May 2007. He joined the company in February 1997 as Vice President, Secretary and General Counsel and an officer of the company. Prior to joining SPX he was Senior Vice President and General Counsel of Grimes Aerospace Company, a leading manufacturer of aircraft lighting equipment, engine system components and electronic systems. His business experience also includes positions at Borg-Warner Chemicals as Senior Attorney and Senior Counsel at General Electric's global materials business. Mr. Kearney holds an undergraduate degree from the University of Notre Dame and a law degree from DePaul University Law School. Mr. Kearney is a Member of the Advisory Council for University Libraries, University of Notre Dame. Mr. Kearney is a director of Nucor Corporation. Mr. Kearney has been a director of SPX since 2004.
| Organization | Position | Status |
|---|---|---|
| SPX Corporation | Chairman, President & CEO | Current |
| Nucor Corporation | Board of Directors | Current |
| SPX Corporation | Board of Directors | Current |
| DePaul University College of Law | law degree | Former |
| University of Notre Dame | undergraduate degree | Former |
| Organization | Position | Status |
|---|---|---|
| Starwood Hotels & Resorts Worldwide, Inc. | Vice Chair and Chief Financial Officer | Current |
| Procter & Gamble | Chief Financial Officer | Current |
| Procter & Gamble | Vice Chairman & Chief Financial Officer | Current |
| Nucor Corporation | Board of Directors | Current |
| Tatweer | Board of Directors | Current |
| Procter & Gamble | Vice Chairman, Special Assignment | Current |
| Cancer Family Care | President, Board of Directors | Former |
| Financial Executives Research Foundation, Inc | Trustee | Former |
| Boy Scouts of America | Board of Directors | Former |
| The Ohio State University | M.B.A. | Former |
| Davidson College | A.B., Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Board of Directors | Current |
| Foster Wheeler Ltd. | Chief Executive Officer | Former |
| Research Triangle Institute | Chief Executive Officer | Former |
| Foster Wheeler Ltd. | President | Former |
| PPG Industries, Inc. | Director, The Lubrizol Corporation | Former |
Elected to United's board of directors in 2002, John H. Walker is the chief executive officer of Global Brass and Copper, Inc. the leading manufacturer and distributor of copper and copper-alloy sheet, strip, plate, foil, rod and fabricated components in North America. Prior to joining Global Brass and Copper, Inc. Mr. Walker was the president and chief executive officer of The Boler Company (the holding company of Hendrickson International, a commercial heavy-duty vehicle supplier) from 2003 to 2006 and president and chief executive officer of Weirton Steel Corp from 2000 to 2003. Earlier in his career, Walker was president of Kaiser Aluminum's flat rolled business and an associate with McKinsey & Company. Walker also serves on the boards of Delphi Corporation, Nucor Corporation and the American Red Cross of Greater Chicago. He received his bachelor's degree in engineering from Virginia Polytechnic Institute and a master's degree with distinction in business administration from Carnegie Mellon University.
| Organization | Position | Status |
|---|---|---|
| UAL Corporation | CEO, Global Brass and Copper, Inc. | Current |
| The New Environmentalist | Current | |
| UAL Corporation | Board Director | Current |
| Nucor Corporation | Board of Directors | Current |
| Delphi Corporation | Board Director | Current |
| The American National Red Cross | Board of Directors | Current |
| UAL Corporation | Human Resources Committee Member | Current |
| Delphi Corporation | Audit Committee Member | Current |
| The Boler Company | Chief Executive Officer | Former |
| The Boler Company | President | Former |
| McKinsey & Company, Inc. | NA | Former |
| Carnegie Mellon University | Master of Science With Distinction In Industrial Administration | Former |
| Virginia Polytechnic Institute and State University | Bachelor of Science, Industrial Engineering and Operations Research | Former |
| Organization | Position | Status |
|---|---|---|
| Kingsdale Capital International Inc. | Managing Partner | Current |
| Hy-Drive Technologies Ltd | Board of Directors | Current |
| Nexus Consulting Group | Board of Directors | Current |
| Nucor Corporation | Board Member | Current |
| Composite Technologies, Inc. | Board of Directors | Current |
| Scholarship Chicago | Board of Directors | Current |
| I/D/E/A/ Inc. | Board of Directors | Current |
| Juhl Wind, Inc. | Board of Directors | Current |
| Ashrae | Board of Directors | Current |
| Illinois Council | Board Member | Current |
| The Association of Energy Engineers, Inc | Board of Directors | Current |
| Ido Security Inc. | Board of Directors | Current |
| Composite Technology Corp | Board of Directors | Current |
| Ashrae | Member | Current |
| The Association of Energy Engineers, Inc | Member | Current |
| I/D/E/A/ Inc. | Member | Current |
| Lime Energy Co. | CEO | Former |
| Exelon Thermal Technologies | Chief Executive Officer | Former |
| Juhl Wind, Inc. | President | Former |
| Exelon Thermal Technologies | Vice President | Former |
| Exelon Thermal Technologies | General Manager | Former |
| Commonwealth Edison Corp. | Director of Business Development | Former |
| United Communications Inc. | Former | |
| Lime Energy Co. | Director | Former |
| DePaul University College of Law | Juris Doctor | Former |
| DePaul University | Juris Doctor | Former |
| University of Illinois | BS In Mechanical Engineering | Former |
| University of Illinois at Urbana-Champaign | B.S. In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Nucor Corporation | Board of Directors | Current |
Executive News
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Cramer's Mad Money - Palm vs. Apple? No Contest (7/23/09)
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Nucor says steel industry bottomed in 2nd qtr '09
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Nucor says steel industry bottomed in 2nd qtr '09
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Nucor's new plant project still on hold
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When Will Metalsmiths Be Money-Makers Again?
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Nucor seen posting second straight quarterly loss
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Nucor Praises U.S. Trade Representative Ron Kirk's Commitment to Trade Enforcement
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AK Steel Posts Narrower-than-expected Loss In Q2 - Update
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The Magic Words to Lift Your Stock Out of Limbo
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Get a Real Feel for Steel
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Nucor Invites You to Join Its Second Quarter of 2009 Conference Call on the Web
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Steel industry rekindles, full recovery months off
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Outsourcing Becomes the New Insourcing
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Saddle Up for the Straight Talk Express
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Steelmakers see orders picking up
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REFILE-ANALYSIS-Steelmakers hold fast, await stimulus kick
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Steelmakers hold fast, await stimulus kick
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Don't Be Tempted by Illusory Steel Demand
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UPDATE 1-Nucor CEO sees steel industry near bottom for awhile
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UPDATE 1-Nucor CEO sees steel industry near bottom for awhile
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