Nucor Announces Plan to Close Nuconsteel

Nucor Corporation

announced today that it will exit the business of fabricating light gauge steel framing and therefore will close its Nuconsteel division. Nuconsteel has operations in Denton, Texas, and Dallas, Georgia. Nucor entered the residential and commercial light gauge steel framing business in November 2001 with the acquisition of Itec Steel, Inc., which became Nuconsteel shortly thereafter. Nucor expects to close Nuconsteel's facilities in the spring of 2012, after meeting current customer contractual obligations.