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Olds. Through a series of permutations the company evolved into a nuclear instrument and electronics business, known as the Nuclear Corporation of America before regaining its focus in the steel business and changing its name to Nucor Corporation in 1972. In every year and every quarter since its incorporation, Nucor has been profitable. Steel production has grown from 5.7 million tons in 1993 to 19.7 million tons by 2004. Sales have grown from $2.3 billion in 1993 to $11.4 billion by 2004.
Nucor's culture focuses on a low cost structure. The company is non-union in contrast to the large integrated steel companies...
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