# Nucor acquires Southland Tube for $130M

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.

- Type: Acquisition
- Announced: 2016-12-07
- Where: Birmingham, Alabama, United States
- Value: $130.0M
- Jobs: 280
- Status: announced
- Capacity: 240,000 tons per annum
- Products: hollow structural section steel tubing
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Nucor](https://endata.com/companies/4347.md) (acquirer)
- [Southland Tube](https://endata.com/companies/20500.md) (target)

## Sources

- [scrapmonster.com](https://www.scrapmonster.com/news/steel/nucor-announces-acquisition-of-alabama-hollow-steel-business/64134), 2016-12-07: "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."

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