Concurrently, Nucor said, it is launching a new business unit called Nucor Data Systems, which will serve customers in the data center infrastructure industry.
 
“We are excited to add SWDP and new teammates to our Nucor family of companies," said Chad Utermark, Nucor executive vice president of new markets and innovation.

"This acquisition will give us new capabilities to serve a rapidly growing market and will bolster Nucor as a preferred supplier to many of the nation’s largest and most innovative hyperscale cloud and co-location data center operators. The SWDP acquisition furthers our expand beyond strategy to invest in steel-centric businesses that operate outside of the cyclical nature of steel production.”
 
SWDP and Nucor Data Systems will provide Nucor's Warehouse Systems businesses with expanded capabilities in airflow containment structures, as well as new product capabilities that include manufacturing cabinets, enclosures and caging for data centers and installation services.
 
“This acquisition also creates a number of synergies with Nucor's core steelmaking business. SWDP uses many types of steel as raw material that can be provided by Nucor facilities, including sheet steel, steel tubing and wire mesh. With our circular, recycling-based steel production process, sourcing steel from Nucor mills will ensure our nation's green and digital economy is being built with low-embodied-carbon steel,” Nucor said in a statement.