# Nucor to acquire Precoat Metals paint line facility in Arkansas

Nucor Corporation has entered into an asset purchase agreement to acquire Precoat Metals Corporation's paint line facility in Armorel, Arkansas, with a capacity of approximately 250,000 tons per year.

- Type: Acquisition
- Announced: 2020-10-28
- Where: Armorel, Arkansas, United States
- Status: announced
- Capacity: 250,000 tons per year
- Products: pre-painted sheet steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Nucor](https://endata.com/companies/4347.md) (acquirer)
- [Precoat Metals Corporation](https://endata.com/companies/50821.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/nucor-enters-agreement-to-purchase-paint-line-facility-in-arkansas-301161777.html), 2020-10-28: "Purchasing this paint line has several advantages over building a new facility, including greatly accelerating Nucor's entrance into the painted products market with existing capacity and an experienced team."

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