# 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.

- Type: Contract
- Announced: 2016-12-06
- Where: Blytheville, Arkansas, United States
- Value: $30.2M
- Status: announced
- Products: coil processing
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Russel Metals](https://endata.com/companies/5410.md)
- [Nucor](https://endata.com/companies/4347.md) (customer)

## Sources

- [talkbusiness.net](https://talkbusiness.net/2016/12/russel-metals-nucor-corp-complete-sale-leaseback-deal-for-blytheville-facility/), 2016-12-06: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.