On the Record · Nucor
Nucor acquisitions, on the record
The businesses Nucor bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
California Steel Industries, Inc. (CSI)Word for word“On February 1, 2022, Nucor used cash on hand to acquire a 51 % controlling ownership position in CSI by purchasing a 50 % equity interest from a subsidiary of Vale S.A. for a cash purchase price of approximately $ 400.0 million, adjusted for net debt and working capital at closing, as well as a 1 % equity interest from JFE Steel Corporation.” 10-K for 2023 | acquisition | February 1, 2022 | approximately $ 400.0 million |
C.H.I. Overhead Doors, LLC (CHI)Word for word“On June 24, 2022, Nucor used cash on hand to acquire the assets of C.H.I. for a purchase price, net of cash acquired, of approximately $ 3.00 billion.” 10-K for 2023 | acquisition | June 24, 2022 | approximately $ 3.00 billion |
Summit Utility Structures LLC and Sovereign Steel Manufacturing LLCWord for word“Towers & Structures – In August 2022, Nucor acquired Summit Utility Structures LLC and a related company, Sovereign Steel Manufacturing LLC.” 10-K for 2023 | acquisition | In August 2022 | — |
Elite Storage SolutionsWord for word“In April 2022, Nucor expanded its steel racking capabilities by acquiring Elite Storage Solutions for $75 million.” 10-K for 2023 | acquisition | In April 2022 | $75 million |
IMP business of Cornerstone Building Brands, Inc. (CENTRIA and Metl-Span)Word for word“On August 9, 2021, Nucor used cash on hand to acquire the assets of the insulated metal panels, or, IMP, business of Cornerstone Building Brands, Inc. (“Cornerstone”) for a purchase price of $ 1.00 billion.” 10-K for 2023 | acquisition | August 9, 2021 | $ 1.00 billion |
Hannibal (now Nucor Warehouse Systems)Word for word“On August 20, 2021, Nucor used cash on hand to acquire Hannibal for a purchase price of $ 370.0 million.” 10-K for 2023 | acquisition | August 20, 2021 | $ 370.0 million |
Additional 1% interest in NJSM (bringing total to 51% controlling interest)Word for word“On October 27, 2023, Nucor used cash on hand to acquire an additional 1 % equity interest in NJSM bringing our total equity ownership to a 51 % controlling interest.” 10-K for 2023 | acquisition | October 27, 2023 | — |
Southwest Data Products, Inc.Word for word“In April 2024, Nucor acquired Southwest Data Products, Inc. ("SWDP"), a manufacturer and installer of data center infrastructure for $115 million.” 10-K for 2024 | acquisition | April 2024 | $115 million |
Rytec CorporationWord for word“On July 23, 2024, Nucor used cash on hand to acquire the assets of Rytec Corporation ("Rytec") for a purchase price, net of cash and debt acquired, of approximately $ 565 million.” 10-K for 2024 | acquisition | July 23, 2024 | approximately $ 565 million |
C.H.I. Overhead Doors, LLCWord for word“On June 24, 2022, Nucor used cash on hand to acquire the assets of C.H.I. for a purchase price, net of cash acquired, of approximately $ 3.00 billion.” 10-K for 2024 | acquisition | June 24, 2022 | approximately $ 3.00 billion |
Additional 1% equity interest in NJSMWord for word“On October 27, 2023, Nucor used cash on hand to acquire an additional 1 % equity interest in NJSM bringing our total equity ownership to a 51 % controlling interest.” 10-K for 2024 | acquisition | October 27, 2023 | — |
Sale of businessWord for word“Sale of business 1 — 100 Disposition of plant and equipment 17 15 32 Acquisitions (net of cash acquired) ( 758 ) ( 71 ) ( 3,553 )” 10-K for 2024 | divestiture | — | 100 |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $474.8 million | $29.5 million |
| 2017-12-31 | $544 million | $132.3 million |
| 2018-12-31 | $33.1 million | — |
| 2019-12-31 | $83.1 million | $12.6 million |
| 2020-12-31 | $88.1 million | $19.7 million |
| 2021-12-31 | $1.43 billion | $599.1 million |
| 2022-12-31 | $3.55 billion | $1.15 billion |
| 2023-12-31 | $71 million | $43 million |
| 2024-12-31 | $758 million | $335 million |
| 2025-12-31 | $2 million | $1 million |
Deal filings since 2016
- 2025-03-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-03-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-03-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-12-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-04-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Nucor’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.