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Nucor Announces New Addition to Board of Directors

Nucor Corp. announced the election of Christopher J. Kearney to its board of directors effective October 1, 2008.
 
Kearney, 53, currently serves as the Chairman, President and CEO of SPX Corp. a multi-industry manufacturing leader, focused on providing solutions that support the expansion of global infrastructure, with particular emphasis on energy and power.
 
"We believe that Chris will be an excellent addition to the Nucor board due to his industry experience and leadership skills," said Dan DiMicco, Chairman, President and CEO of Nucor. "We are pleased to welcome him to our team."
 
Kearney joins the Nucor board with twenty years of industry experience. He joined SPX in 1997 as Vice President, Secretary and General Counsel and an officer of the company. He was named President, CEO and a Director of SPX in 2004, later adding the title of chairman (2007).
 
Kearney holds an undergraduate degree from the University of Notre Dame and a law degree from DePaul University Law School.
 
Headquartered in Charlotte, N.C., Nucor makes more steel in America than any other company. Nucor and affiliates manufacture steel products, with operating facilities primarily in the U.S. and Canada. Products include carbon and alloy steel bars, beams, sheet and plate; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; light gauge steel framing; steel grating and expanded metal; and wire and wire mesh. Nucor, through The David J. Joseph Co., also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and non ferrous scrap. Nucor is North America's largest recycler.
 
SPX, headquartered in Charlotte, N.C., is a multi-industry manufacturing leader, focused on providing solutions that support the expansion of global infrastructure, with particular emphasis on the growing worldwide demand for energy and power. The company, which employs 17,000 people worldwide in over 35 countries, had revenues of $4.8 billion in 2007.