Nucor Corporation has closed on the purchase of Worthington Industries’ cold rolling mill in Decatur, Ala.
The assets purchased include all of the buildings, the pickle line, four- stand tandem cold mill, temper mill and annealing furnaces of the Decatur facility adjacent to the current Nucor Steel Decatur, LLC steel plant.
The one million ton cold mill facility has 600,000 tons of annealing capacity. The purchase does not include the slitting and cut-to-length equipment, which Worthington will continue to operate. Worthington Industries constructed the plant and started production in 1998.
"We are pleased to announce the successful acquisition of the Worthington cold mill assets. The addition of the pickle line, cold mill and annealing equipment enhances our ability to service the value-added sheet market in the southeast," said Dan DiMicco, Nucor's vice chairman, president and CEO.