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Nucor Corp
Title: Nucor Corp
Category: Literature / English
Details: Words: 1045 | Pages: 4.4 (approximately 235 words/page)
Nucor Corp
Overview
Nucor emerged from relative obscurity and near bankruptcy in 1966 to
become one of the fastest growing steel companies in America and one
of the world’s lowest-cost producers of steel products in 1990.
Company revenues had increased from million in 1966 to nearly
.5 billion in 1990 and earnings were million, up from .3
million in 1966. Despite an economic recession in 1991, it appeared
that Nucor had a virtually unstoppable low-cost leadership strategy to
grow into one of the biggest …showed first 75 words of 1045 total…
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…showed last 75 words of 1045 total…s largest steel company. Two
Japanese companies—NKK Corp. and Kawasaki Steel Corp.—were in merger talks that would create
the world’s second-biggest steel-maker. While Nucor was poised to overtake USX-U.S. Steel Group,
the biggest U.S. producer and the 11th largest in the world, it was still substantially smaller than a
number of foreign steel companies that were said to be dumping steel products in the U.S. market at
cut-rate prices.
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