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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.
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.