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Operator: Good afternoon and welcome to Nucor's Fourth Quarter Earnings Call. All lines have been placed on mute to prevent any background noise and today's call is being recorded.
Steel giant Nucor has been raking in the cash and using the outsize gains from an industry upturn to build new businesses.
Nucor Corporation has entered into an agreement to acquire Summit Utility Structures LLC and related company, Sovereign Steel Manufacturing LLC, producers of metal poles and other steel structures for utility
Follwoing the deal, Nucor plans to establish a footprint to service all customers throughout North America.