Steel Technologies to Acquire NuPro Steel

Steel Technologies LLC has announced their acquisition of the business and certain assets of NuPro Steel, LLC, a wholly owned subsidiary of Nucor Corporation. Steel Technologies expects to complete the acquisition in April of this year, subject to the completion of a definitive purchase agreement.

NuPro is a flat-rolled steel processor and is located adjacent to Nucor’s facility in Crawfordsville, IN. Their 230,000 square-foot operation will expand Steel Technologies’ North American platform to 24 facilities, including joint-venture operations, located throughout the U.S., Canada and Mexico.

Steel Technologies, headquartered in Louisville, KY, is a steel processor in North America, leveraging its broad geographic network of operations to deliver value-added products and services to customers. ◆