Other transactions such as conversion of derivative security or exercise of options are not included. Thank you for your interest in our company. I wanted to follow up on your M&A commentary. Enter your email address below to get our daily insider buying and selling report. As we announced in May, MaryEmily Slate retired on June 11th. We are very excited to be building this new tower production plant in Alabama, where Nucor has a long history and presence throughout the state, said Leon Topalian, Chair, President and CEO of Nucor Corp. As Americas most diverse industrial manufacturer of steel products, we will be able to efficiently supply this new plant, helping to ensure that our nations critical energy and digital infrastructure is built with the cleanest, most sustainable steel in the world.. Thu, Jan 26 20236:56 PM EST. Leon Topalian is an American businessman and the president and CEO of Nucor since January 2020. Learn More on Leon J. Topalian's trading history. Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in, . More information about the risks and uncertainties relating to these forward-looking statements may be found in Nucors latest 10-K and subsequently filed 10-Qs, which are available on the SECs and Nucors website. Reshoring semiconductor production here in America gives us a tremendous opportunity to unleash a manufacturing renaissance in the United States. Nucor has an additional $3.6 billion of approved and in-process organic growth investments that will be completed by 2025. Mr. Kearney was also director of Polypore International, Inc. from 2012 to 2015. And so the Live the Culture piece is easy. I know you said that you were looking to shore up maybe more overhead garage stores to kind of get more critical mass like you did with the tubulars -- structural tubing in the past. The most recent insider tranaction occured on February, 3rd when EVP Kenneth Rex Query sold 1,962 shares worth more than $349,216.38. Thank you all for your participation. And how deep is your pipeline of potential targets right now? If we just look, for example, at the warehousing space, forecast by Dodge for 2023 is down about 19%. Flow Media s.r.o. CFO & Treasurer and EVP Stephen D Laxton They remain strong with strong backlogs. Leon J. Topalian is President, Chief Executive Officer & Director at Nucor Corp. And as you may recall, original stated capacity for that mill, about 1.6 million tons. In addition to that, were bringing on these new businesses in Expand Beyond. Thank you. So the pipeline is rich. Topalian attributes. Between this past December and this year-end, we expect to have completed three major organic growth projects that will substantially enhance the competitive position of our steel mills segment. The largest trade he's of 13,387 shares made by Allen C Behr We also remain committed to our regular quarterly dividend, something Nucor has paid and grown consistently over the last half century. We went through the whole process two long years and got so close to adopting two beautiful children but it unfortunately fell through, Kim said. And the other was to ask about follow-up to the garage door acquisition. ICYMI: Leon Topalian, Nucor Corporation CEO and Chairman of AISI discussed WTO's ruling against U.S. steel tariffs on CNBC's Mad Money: Mihai Pirlog Jerry Inzerillo, GCEO at #DGDA, came forward to congratulate and honor the sales center team that completed their training program in the history sale We have also grown our workforce from 1,800 team members back in 1972 to more than 31,000 team members today and in the process created a huge amount of shareholder value. Some of the changes in the energy commodity pricing seen in the marketplace overall over the past year were mitigated by Nucors fiscal and financial hedges that we had in place. And you asked about 2023. You might contact Leon J Topalian via mailing address: 1915 Rexford Road, Charlotte Nc 28211. Based on ownership reports from SEC filings, as the reporting owner, Leon J Topalian owns 1 companies in total, including Our Brandenburg, Kentucky plate mill is on schedule and on budget for a late 2022 production start with almost 400 team members on board. And look, I would tell you that right now, theres a lot of dialogue going on. And heres why. A big-screen adaptation of the 1988 novel by Thomas Harris, the film quickly grew from an unexpected blockbuster to an awards season juggernaut, nabbing Oscars for Best Picture, Best Director, Best. Hey. This record performance was driven by strength across our diversified portfolio of businesses. "I want to thank John for his numerous contributions to Nucor. Operating profits were stronger than we anticipated for all three segments. or piling accessories was added to new to the 2022 Code. John is a proven leader. Is it possible to get an update on how you see CapEx for the remainder of the year, maybe first look at 2023? He also receives $1,670,000 Her impact on our teams across the enterprise contributed greatly to Nucors success and profitable growth. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina. After 29 years of research in cancer immunotherapy, Dr. Suzanne Topalian has been acknowledged as one of "Ten People Who Mattered This Year" in the December 2014 issue of Nature for her pioneering research on programmed cell death protein-1 (PD-1) inhibitors. We appreciate the support we have received from the state and local officials in Alabama, including Governor Kay Ivey, Alabama Department of Commerce, State of Alabama State Industrial Development Authority, Morgan County Economic Development Association, Morgan County Economic Development Cooperative District, Morgan County, Decatur Industrial Development Board, City of Decatur, Decatur-Morgan County Chamber of Commerce, Hartselle Chamber of Commerce, and the Tennessee Valley Authority, said Laurent De Mey, General Manager of Nucor Towers & Structures. 1 True or False: The 2022 edition construction to provide a construction. ( View post) Feb 23. The Raw Materials segment consists of direct reduced iron, and ferrous and nonferrous metals. Before we get to our second quarter results, I want to highlight some changes weve made to our executive leadership team. He served as Executive Vice President of Beam and Plate Products from 2017 to 2019. Yes. Latest: Nucor to Add Melt Ship at Kingman Bar Mill The estimated net worth of Mr. Leon J. Topalian is at least $50,405,624 as of 20 Dec 2022. No stops in production. And Ill let you take a best guess at that. So, that was how we handled that, took care of customers through supply from other mills. But why dont you just touch on that a little bit and share where were at with Brandenburg as well. Topalian SL, Hodi FS, Brahmer JR, Gettinger SN, Smith DC, McDermott DF, Powderly JD, Carvajal RD, Sosman JA, Atkins MB, Leming PD, Spigel DR, Antonia SJ, Horn L, Drake CG, Pardoll DM, Chen L, Sharfman . Salary: $1,000,000: Bonus: $0: Value of Stock Awards: $3,939,943: Value of Option Awards: $1,750,000: Non-Equity Incentive Plan Compensation: $4,000,000: Change in . On average, Mr trades about 6,725 units every 79 days since 2017. Nearly 150,000 sets of twins are born each year. Ive got two points on raw material strategy, please. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; and wire and wire mesh. CHARLOTTE, N.C., Dec. 13, 2019 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that its Board of Directors has elected Leon J. Topalian as a director and John H. Walker to serve as . Please disable your ad-blocker and refresh. How do you see margins? Over the years, weve developed a strong partnership with Nucor, and I look forward to seeing our relationship expand with this new venture.. This investment adviser does not provide advice to individual investors. So, were doing a full thickness slab now in a new slab, 130-millimeter. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. So I guess you cant hear my excitement, Ill reiterate, yes, Im excited about the future of our downstream businesses. Mr. Leon J. Topalian has made 14 insider trades between 2017-2022, according to the Form 4 filled with the SEC. Yes. Leon J. Topalian Chair, President, and Chief Executive Officer Stephen D. Laxton Chief Financial Officer, Treasurer, and Executive Vice President David A. Sumoski Chief Operating Officer Gregory J. Murphy General Counsel and Executive Vice President - Business Services John Hollatz ICYMI: Leon Topalian, Nucor Corporation CEO and Chairman of AISI discussed WTO's ruling against U.S. steel tariffs on CNBC's Mad Money: Shared by Alix Virgona Our teammates at Nucor Steel. It is very difficult to know when to deliver these type twins. We wanted two more children and the fact that God gave us two at one time was a real blessing.. Turning to the outlook for the third quarter of 2022. NewsBreak provides latest and breaking news about Leon Topalian. While this is a positive development, unfairly traded imports remain a concern for our industry. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Nucor's board named Leon Topalian, 51, president and chief operating officer effective Thursday. We remain confident that with the capital we retain and deploy, we are building a more resilient, more profitable or more cash-generative Nucor. Please. On average, Nucor executives and independent directors trade stock every 51 days with the average trade being worth of $2,903,263. The most active insiders traders include Gregory Hayes, Joseph D Rupp, and Patrick Dempsey. Just trying to square that with the volumes being lower year-over-year. Most recently he sold And were excited about the rest of this year and were excited, frankly, about 2023. Ill ask Doug Jellison, our EVP of Raw Materials and Logistics, really to provide some background in how that flow-through impact of the DRI pricing into the mills works and explain that in a little more detail. Describe your leadership style and how you put it into action within your organization. Overhead Doors and announced two acquisitions that will lead to the establishment of Nucor Towers and Structures, which will serve the utility, transportation and telecommunications sectors. As a reminder, todays call is being recorded. Year-to-date, it is 43%. And were really pleased with what that has brought to the market in terms of a rationality of pricing and much less volatility in the pricing and -- but supply and demand still governs the price of that, and we publish a price, but the market determines what it really is. The words we expect, believe, anticipate, and variations of such words and similar expressions are intended to identify those forward-looking statements, which are based on managements current expectations and information that is currently available. Mr. Topalian has been President and Chief Executive Officer of Nucor and a member of its Board of Directors since 2020. This investment project is a win for Nucor, Decatur and all of Alabama.. Its just a tremendous outcome, and again, something that we and the entire executive team could not be more proud of the 30,000 men and women who make up the Nucor family. Our mission, to become the worlds safest steel company, is the greatest measure of our culture and our most important value. Also, increased federal government support for electric infrastructure and clean energy projects will drive additional demand. And maybe just as a quick follow-up. Were proud of them already. And we have guided to a little more than $2 billion on the year. Nucor is North America's largest recycler. Mr. Leon J. Topalian salary is $5,950,000 per year LEON TOPALIAN is Chair, President and Chief Executive Officer of Nucor Corporation. he still owns at least 126,809 units of NUE stock. stock. Leon J Topalian, Nucor Corp: Profile and Biography - Bloomberg Markets Bloomberg the Company & Its Products Bloomberg Connecting decision makers to a dynamic network of information,. , June 22, 2023, 2 p.m. CT: CEO Huddle with Karla R. Lewis, President and Chief Executive Officer, Reliance Steel & Aluminum Co. and Leon Topalian, Chairman, President and Chief Executive Officer, Nucor Corporation. Leon J Topalian currently owns a total of 1 Mr. Topalian began his career with Nucor as a project engineer at Nucor Steel-Berkeley in 1996 and was promoted to Cold Mill Production Supervisor in 1998. And Steve, do you want to touch on sort of our CapEx for the balance of the year and how were looking? The forward-looking statements made in this conference call speak only as of this date, and Nucor does not assume any obligation to update them, either as a result of new information, future events or otherwise. We came through so much, but they are here because of answered prayers.. Were seeing some -- again, the word resiliency is the right word across the nonres construction businesses and you know well now in Nucor that 50% of our overall mix is into the construction sector. We are grateful for the excellent job they do for employers like Nucor and others across the area.. "I want to thank John for his numerous contributions to Nucor. Our team is focused on enhancing our capabilities, not simply adding capacity, and on delivering a differentiated value proposition for our customers by reliably and safely providing a broad offering of the most environmentally responsible steels and steel products found anywhere in the world. Strong financial results were recorded by a number of our businesses, including bar, plate, sheet, structural, joist, deck, buildings, tubular and our raw material operations. And were incredibly proud of our team and achieving an incredible quarter, an incredible first half of the year at over $17 per diluted share. The most-recent trade in Nucor Corp is the We are also thankful for the approximately $125 million investment and the 200 jobs created with a compensation of around $75,000, added Bowling. Thank you for delivering on our mission and making 2022 the safest, cleanest and most profitable year in our history. So, you have an opportunity -- or we have an opportunity to really grow that business with what we have today. Leon J Topalian around $404,130. Thanks a lot. Youre asking about pig iron. We really had to struggle with that fear and we finally just had to let it go, she said tearing up. That does conclude todays conference. Yes, similar to what we had in the script, we expect Q3 earnings to be very similar to the record-breaking results that we had in Q2. He died Wednesday. But, were not seeing any real movement in terms of material orders. These . In his past career he held the position of General Manager at Nucor-Yamato Steel Co., General Manager for Nucor Steel Kankakee, Inc., Manager-Melting & Casting at Nucor Steel-South Carolina and Project Engineer at Nucor Steel Berkeley. As of the end of June, Nucor had debt to capital of 29% and ample liquidity with $2.5 billion of cash, short-term holdings and restricted cash holdings and an undrawn $1.75 billion in revolving credit facility. 4 insider transaction in Nucor Corp (NUE) with a net We are so excited to welcome our new team members into the Nucor family. Please subscribe to keep reading. Also joining me today on the call are members of the Nucors executive team, including Dave Sumoski, our Chief Operating Officer; Steve Laxton, our Chief Financial Officer; Al Behr, responsible for Plate and Structural Products; Doug Jellison, responsible for Raw Materials and Logistics, Greg Murphy, responsible for Business Services and our General Counsel; and Rex Query, responsible for Sheet and Tubular Products. This month, we are celebrating 50 years since Nucor was listed on the New York Stock Exchange. And most of that 60% is concentrated sort of that mid-USA levels. MaryEmily is a dedicated and exceptional leader, and we thank her for her more than 21 years with Nucor. And how do you see working capital evolving in the coming quarters? Mr. Topalian has been President and Chief Executive Officer of Nucor and a member of its Board of Directors since 2020. While we recognize there is considerable economic uncertainty right now, demand appears stable and resilient across our key end-use markets. According to the SEC Form 4 filings, Leon J Topalian has made a total of John J. Ferriola retired at the end of 2019, and was succeeded by longtime Nucor executive Topalian as CEO and president from January 2020.[1]. But as we start to put the mill through its paces, well go wider and wider. The estimated net worth of Leon J Topalian is at least $22 Million dollars as of 2023-03-02. Finally, todays headlines are full of concerns regarding inflation, interest rate hikes and whether well experience a recession. We really think that will start in earnest in early 23 and really begin to progress throughout the year 2023. Enjoy a 7-Day Free Trial Thru Mar 09, 2023! Thanks, Curt. Oh, Im sorry. Yes, Timna. Only the transactions in Open Market or Private Sale at the market prices are included. Let me start off with our steel products businesses. As the Pres and CEO & Director of Nucor, the total compensation of Mr Topalian at Nucor is $5,953,180. Thank you. Our record first half results continue the history of delivering new highs in profitability and cash flow through successive economic and steel market cycles, demonstrating the sustainability and adaptability of Nucors business model. Groundbreaking for the project will happen later this year. 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