CHARLOTTE, N.C., July 10, 2017 /PRNewswire/ -- Nucor
Corporation (NYSE: NUE) was presented with the Volkswagen Group
Award 2017, given to Volkswagen's best suppliers, at a ceremony
held in Berlin at the end of June.
The award recognizes Volkswagen's suppliers for their innovative
strength, product quality, development competence, sustainability,
and professional project management. Nucor Chairman, CEO and
President John Ferriola accepted the
award on behalf of Nucor's 24,000 teammates.
"We are honored to receive this recognition from Volkswagen,"
Ferriola said. "It shows that our strategy for long-term growth in
the automotive steel market and producing higher-value products is
working. This award recognizes the tremendous work Nucor
teammates have done to produce high-quality products that meet the
demanding standards of the automotive industry, and validates our
long-held belief that Nucor can provide the very best materials for
this strategic market."
In addressing award recipients, Volkswagen CEO Matthias Müller talked about the important role
partnerships play in successfully navigating the transformations
occurring in the automotive industry. "We must make further
progress together and become better and better. Never before have
not only the pressure, but also the opportunities been as great as
they are today. If we are willing to change, we can successfully
master the transformation in our industry," Müller said.
The Volkswagen Group recognized a total of 19 suppliers. Nucor
was the only steel provider and one of only two U.S.-based
companies to receive the award.
Nucor and its affiliates are manufacturers of steel products,
with operating facilities primarily in the U.S. and Canada.
Products produced include: carbon and alloy steel -- in bars,
beams, sheet and plate; hollow structural section tubing;
electrical conduit; steel piling; steel joists and joist girders;
steel deck; fabricated concrete reinforcing steel; cold finished
steel; steel fasteners; metal building systems; steel grating; and
wire and wire mesh. Nucor, through The David J. Joseph
Company, also brokers ferrous and nonferrous metals, pig iron and
HBI/DRI; supplies ferro-alloys; and processes ferrous and
nonferrous scrap. Nucor is North
America's largest recycler.
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SOURCE Nucor Corporation