Russel Metals sells Blytheville property to Nucor, leases back

Russel Metals agreed to sell its Blytheville, Arkansas property to Nucor Corp. for about $40 million CAD ($30.182 million USD) and lease back two buildings totaling 200,000 sq ft for 20 years to continue coil processing.

“This unique transaction with Nucor, a key business partner, allows Russel to crystallize value for an underutilized asset which was previously acquired on favorable terms.”talkbusiness.net

• 1 source
• talkbusiness.netRussel Metals, Nucor Corp. complete sale-leaseback deal for Blytheville facility - Talk Business & PoliticsTalk Business, Politics staffDec 6, 2016

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