Nucor Corporation (NYSE: NUE) acquired Southwest Information Merchandise, Inc., a producer and installer of knowledge heart infrastructure, for $115m.
SWDP’s places of work and manufacturing facility are in San Bernardino, California and the corporate employs roughly 147 teammates.
Nucor can be asserting the launch of Nucor Information Techniques, a brand new enterprise unit that can assist higher serve clients within the information heart infrastructure trade.
Particularly, SWDP and Nucor Information Techniques will present Nucor’s Warehouse Techniques companies with expanded capabilities in airflow containment buildings, in addition to new product capabilities that embrace manufacturing cupboards/enclosures and caging for information facilities and set up providers. SWDP’s compatibility with Nucor Warehouse Techniques’ present manufacturing capabilities will create progress alternatives, and SWDP’s location close to Nucor Warehouse Techniques’ manufacturing facility in southern California will facilitate each integration and progress efforts.
This acquisition additionally creates a variety of synergies with Nucor’s core steelmaking enterprise. SWDP makes use of many varieties of metal as uncooked materials that may be offered by Nucor services, together with sheet metal, metal tubing and wire mesh.
Nucor and its associates are producers of metal and metal merchandise, with working services in the USA, Canada and Mexico. Merchandise produced embrace: carbon and alloy metal — in bars, beams, sheet and plate; hole structural part tubing; electrical conduit; metal racking; metal piling; metal joists and joist girders; metal deck; fabricated concrete reinforcing metal; chilly completed metal; precision castings; metal fasteners; steel constructing programs; insulated steel panels; overhead doorways; metal grating; wire and wire mesh; and utility buildings. Nucor, by The David J. Joseph Firm and its associates, additionally brokers ferrous and nonferrous metals, pig iron and sizzling briquetted iron / direct decreased iron; provides ferro-alloys; and processes ferrous and nonferrous scrap.
About Nucor