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Nucor Corporation has announced the acquisition of Southland Tube, a Birmingham, Alabama-based manufacturer of hollow structural section steel tubing, for $130 million. The deal was announced on December 7, 2016.
“The acquisition of the company is an excellent fit for the Nucor family as it complements the company’s recent acquisition of Independence Tube in the HSS steel tubing market.”scrapmonster.com
Summarized from public sources; check the original articles before acting on it.