Nucor, Mitsui Combine to Form New Investment-Minded Company
NuMit LLC is the name of a newly created company owned 50-50 by Nucor Corp. and Mitsui & Co. (U.S.A.), Inc. NuMit expects to invest in various steel-related activities around the world. Investment one: taking on all of the assets of Steel Technologies LLC, which operates 23 North American sheet-processing facilities. Steel Technologies will assume implementation responsibilities for a new Greenfield flat-rolled processing center to be built in Monterrey, Mexico, a project previously announced by Nucor to include pickling, slitting and cut-to-length capabilities.Nucor Corp.: www.nucortusk.com
See also: Nucor Corp
Related Enterprise Zones: Materials/Coatings
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