Hot off the Press


 

SHARE:  

Nucor to Swallow Birmingham Steel

Nucor to Swallow Birmingham Steel

Friday, May 31, 2002
 
Birmingham Steel Corp. announced yesterday (May 30) that it has signed an agreement to sell substantially all of its assets to Nucor Corp. The transaction should close late this year. In the deal, Nucor will acquire four operating mills (in Birmingham, AL; Kanakee, IL; Seattle, WA; and Jackson, MS) as well as other assets including the Klean Steel division.

 

Visit Our Sponsors