Metal Industry News

Nucor Acquires Panel Manufacturing Company

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Nucor Corp., Charlotte,  announced plans to acquire TrueCore LLC an insulated metal panel manufacturing company with a facility in Laurens, S.C. TrueCore produces insulated metal panels serving the cold storage market, with future plans for additional commercial and industrial applications.

"This acquisition fits well with our strategy to profitably grow our value-added product portfolio and provides great synergies with Nucor Buildings Group. As the market leader in metal buildings, we currently utilize a high volume of insulated panels for buildings we design and manufacture," said Chad Utermark, executive vice president, Fabricated Construction Products.

TrueCore, which employs 26,  will become part of Nucor Buildings Group. "Since entering the industry, customer response to TrueCore has been extraordinary," said Conor Lowery, director of operations for TrueCore. "We can now scale this company faster to meet the growing demand."

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