NUCOR CORPORATION

COMPANY SUMMARY

In 1998, Nucor was a Fortune 500 company with 6,900 employees and had sales
of $4.3billion in steel and steel-related products.

During Iverson's tenure, the steel industry faced a numberof problems, including
foreign competition, strained labor relations, and slowed demand for steel (related
in part to the substitution of alternative materials).

OPERATION
 Nucor steel
 Nucor- Yamato steel company
 Vulcraft
 Nucor Cold Finish
 Nucor Fastener
 Nucor bearing product Inc.
 Nucor bearing system
 Nucor grinding balls
 Nucor wire

STRATEGY
Nucor's strategy focused two major competencies: building stell manufacturing
facilities economically and operating them productively