Business
Nucor Affiliates Announce Two Acquisitions
Nucor Affiliates Announce Two Acquisitions PR Newswire CHARLOTTE, N.C...
About this update from Nu E Power Corp.
[{"type":"text","content":"\n \n \n \n Nucor Affiliates Announce Two Acquisitions\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n CHARLOTTE, N.C.\n \n ,\n \n Oct. 1, 2021\n \n /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced two acquisitions today on behalf of The David J. Joseph Company (DJJ).  The addition of these new recycling locations, representing a 10% growth in capacity, is consistent with Nucor's growth strategy and demonstrates our commitment to expanding the regional recycling platforms supporting our steel mills.\n \n \n On\n \n September 30\n \n , Advantage Metals Recycling (AMR) completed the purchase of\n \n Grossman Iron\n \n and Steel located in\n \n St. Louis\n \n , Missouri.  This acquisition brings AMR's total number of recycling facilities to twelve. \"We are pleased to welcome the Grossman teammates to the AMR/Nucor family.  They are well positioned to support our growing steelmaking capacity along the Mississippi and Ohio river system,\" said\n \n Mark Schaefer\n \n , AMR Vice President and General Manager.\n \n \n Trademark Metals Recycling LLC (TMR) has agreed to purchase the assets of Garden Street Iron & Metal Inc. located in\n \n Fort Myers\n \n , Florida.  This transaction will close on\n \n October 4\n \n , subject to normal closing conditions.  This acquisition brings TMR's total number of recycling facilities to twenty-six. \"The Garden Street teammates are a welcome addition to the TMR/Nucor team and will seamlessly add to our strong presence in the\n \n Florida\n \n market,\" said\n \n Brian Phillippi\n \n , TMR General Manager.\n \n \n \n \n About The David J. Joseph Company\n \n \n \n Founded in 1885, The David J. Joseph Company is a\n \n Cincinnati\n \n -based subsidiary of Nucor Corporation.  DJJ is one of the largest scrap brokers/processors in\n \n the United States\n \n providing scrap brokerage, recycling and transportation services.   Including these acquisitions, DJJ operates over 60 scrap recycling facilities, and thirteen U-Pull-&-Pay self-service used...