# Nucor acquires three tubing manufacturers for $900 million

Nucor Corp. spent $900 million in the fourth quarter to buy three major tubing manufacturers: Independence Tube (Chicago), Southland Tube (Birmingham), and Republic Conduit (Louisville). The acquisitions include hollow structural sections and electrical conduit tubing.

- Type: Acquisition
- Announced: 2017-01-12
- Where: Bourbonnais, Illinois, United States
- Value: $900.0M
- Jobs: 80
- Status: completed
- Capacity: 50,000 tons per year
- Products: hollow structural sections, electrical conduit tubing
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Nucor](https://endata.com/companies/4347.md)
- [Nucor](https://endata.com/companies/4347.md) (acquirer)
- [Southland Tube](https://endata.com/companies/20500.md) (target)
- [Independence Tube](https://endata.com/companies/21437.md) (target)
- [Republic Conduit](https://endata.com/companies/21438.md) (target)
- [Fisher & Ludlow](https://endata.com/companies/21979.md) (acquirer)
- [Alabama Metal Industries Corporation](https://endata.com/companies/21980.md) (target)

## Sources

- [modernmetals.com](https://www.modernmetals.com/13721-a-review-of-investment-decisions-among-producers-processors-and-distributors-reveals-canny-strategies.html?highlight=WyJtZXRhbCIsImZpbmlzaCIsImVxdWlwbWVudCJd), 2017-01-12: "The Charlotte, North Carolina-based operator of scrapyards, melt shops, rolling mills and fabrication shops spent $900 million just in the fourth quarter to buy three major tubing manufacturers: Independence Tube, based in Chicago; Southland Tube, Birmingham; and Republic Conduit, Louisville."
- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/nucor-subsidiary-to-acquire-amicos-bar-grating-assets-970669.htm), 2017-02-05: "This acquisition is an important step in growing our North American market leadership for bar grating products."
- [newswire.ca](https://www.newswire.ca/news-releases/nucor-grating-to-acquire-amico-bar-grating-assets-612884883.html), 2017-02-06: "This acquisition is an important step in growing our North American market leadership for bar grating products."

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