You can help Wikipedia by expanding it. The most recent stock trade was executed by Gregory J Murphy on 26 October 2022, trading 3,000 units of NUE stock currently worth $411,870. Health. Over the last couple of years, thats improved markedly in 21, peaked at [Technical Difficulty] 90s. When I took over in January of 2020, our eight-word mission statement is alive and well, and thats Grow Our Core, Expand Beyond and Live Our Culture. I wanted to follow up on your M&A commentary. Leon J. Topalian is President, Chief Executive Officer & Director at Nucor Corp. Hey Carlos, how are you doing? In summary, during the past 3 months, insiders sold 57,932 shares of Nucor Corp (NUE) in total and bought 0 shares, with a net And youd asked about working capital. "This is a critical time for the American steel industry," Topalian says. Once in the hospital, the couple and Kims physicians decided that they would deliver by caesarean section if she made it to 32 weeks. Mr Topalian owns over 3,000 units of Nucor stock worth over $20,706,642 and over the last 6 years he sold NUE stock worth over $9,685,670. The oldest executive at Nucor Corp. is JosephRupp, 69, who is the Director. This segments earnings power and strong free cash flow characteristics continue to make key contributions to our overall performance. For industrial furnaces for steel strip treatment in erection, pre-commissioning and commissioning activities for more than 6 years. Leon J. Topalian: CEO Pay $11,618,019: Median Employee Pay $142,635: CEO Pay Ratio 81:1: Board of Directors in NUCOR CORP. For its 2021 fiscal year, NUCOR CORP, listed the following board members on its annual proxy statement to the SEC. Thank you. Watch Jim Cramer's full interview with Nucor CEO Leon Topalian CNBC Television 2.31M subscribers Subscribe 4.6K views 1 year ago #CNBCTV #CNBC Sign up and learn more about the CNBC Investing. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. We look forward to rapidly scaling up their operations as we continue to broaden our portfolio of construction market solutions. It has been an honor to work with him in his role as Non-Executive Chairman these past few years, and I have benefitted from his experience and perspective. Thanks. Weve awarded our significant portions of civil and concrete work. The most recent insider tranaction occured on February, 3rd when EVP Kenneth Rex Query sold 1,962 shares worth more than $349,216.38. Year-to-date, it is 43%. Is it prices offsetting -- sorry, the volumes offsetting prices, the other way around? The largest trade he's We look forward to working with them to make sure this venture is successful, said Long. Thanks, Leon. Learn More about Leon J. Topalian's net worth. We are the leading structural manufacturer in the United States. Thu, Jan 26 20236:56 PM EST. When the Topalians arrived for their tour of the Neonatal Intensive Care Unit (NICU), the entire staff had been debriefed on their situation. Leon Topalian is an American businessman and the president and CEO of Nucor since January 2020. Thanks. Nucor, which already has a significant presence in Alabama, has committed to creating 200 full-time jobs at the facility in Decatur. , So, at $1.1 billion of net earnings for our products group, they are setting an incredibly high bar and really operating on all cylinders. Again, fabricators are a big part of that plate business. So just a big shout-out to all of our downstream product groups. And its a good question in terms of how that breaks out because there are segments within the products group that will continue to have record-setting pace in performance. With regard to plate, I would say weve made several changes on how we market that product, how we take it to market, how we price it and how we lowered our order books. Once these five projects are fully ramped up, we anticipate they will contribute a further $700 million in run rate EBITDA in normal market conditions. 69-year-old suffered stroke in his N.C. home; Realtor showing house left him there. And importantly, we remain committed to additional direct returns to shareholders in times of strong performance with an overall payout ratio of at least 40% of net earnings. Over the past 18 months, revision of the 2016 edition. Enter the email address you signed up with and we'll email you a reset link. What weve seen today would be very little through the cycle of the overall volume, but Ill let Rex touch more on that. Remember to Order Ahead (681)-265-9368 CALL IN ORDERS. Our capital allocation priorities remain unchanged. Following the completion of the sale, the chief executive officer now directly owns 126,809 shares of the company's stock, valued at $17,082,440.39. Hey Chad, one thing Ill add and just maybe a further point, Carlos, to share some of this. $4 million awarded to support early childhood education. Operating profits were stronger than we anticipated for all three segments. We really had to struggle with that fear and we finally just had to let it go, she said tearing up. And look, I would tell you that right now, theres a lot of dialogue going on. Cramer interviewed Nucor CEO Leon Topalian on Thursday. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. , Other transactions such as conversion of derivative security or exercise of options are not included. It is a true vote of confidence in our community when an existing business decides to further expand its operations here. Other key executives at Nucor Corp include And the third, our new state-of-the-art plate mill in Brandenburg, Kentucky is anticipated to start at the end of the year. So just wondering if you have any updated comments there. Learn More about insider trades at Nucor. Nucor Corporation (NYSE:NUE) Q2 2022 Results Conference Call July 21, 2022 2:00 PM ET, Al Behr - EVP, Plate and Structural Products, Doug Jellison - EVP, Raw Materials and Logistics, Rex Query - EVP, Sheet and Tubular Products, Chad Utermark - EVP, New Markets and Innovation, Michael Leshock - KeyBanc Capital Markets. he still owns at least 126,809 units of NUE stock. 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. Let me start off with our steel products businesses. I became great friends with the girls on the fourth floor; they are phenomenal, Kim said, especially as the days got harder toward the end.. And finally, thank you to our shareholders for the trusted capital that you place in our hands. Leon and Kim Topalian were raising two tweens when they felt a calling to foster two more children. Have a great day. MONTGOMERY - Governor Kay Ivey today announced that Nucor Corp. plans to invest approximately $125 million to open an advanced manufacturing facility in Alabama where a new business unit, Nucor Towers & Structures, will produce transmission towers. It was a shock, especially the twin part. Also, increased federal government support for electric infrastructure and clean energy projects will drive additional demand. And for every downturn, Nucor has gotten stronger and continue to invest that our cash flow position, the profits were generating today put Nucor in an ideal position to continue to be very deliberate and very strategic with long-term goals to enhance our shareholder value. Leon J. Topalian is the Pres, CEO & Director at Nucor. So, well be right at the 3 million-ton mark and capable of producing at nameplate capacity during the fourth quarter. and Nucor Corporation. Then there was the realization that we were having preemies, Kim said. where Nucor has a long history and presence throughout the state," said Leon Topalian, Chair, President and CEO of Nucor Corp. "As America's most diverse industrial manufacturer of steel products, we will be able to . Please subscribe to keep reading. In addition, he makes $5,953,180 as Pres and CEO & Director at Nucor. With it, we are targeting higher-growth sectors of the economy and leveraging Nucors core competency in efficient, variable cost-based manufacturing as well as our broad product portfolio and existing channels to market. Oh, Im sorry. The total. As a reminder, todays call is being recorded. La socit AUBERT*SOUVRAY/JOCELYNE/ est situ au 64 RUE CARNOT 72200 LA FLECHE Elle a t cre le 14/04/2016 et elle est immatricule sous le numro 819496126 au greffe de LE MANS AUBERT*SOUVRAY/JOCELYNE/ est immatricule au Registre du commerce et des socits.. Forme juridique et activit. Steel racking, steel towers, and obviously, the overhead steel doors with the acquisition of C.H.I., all these should positively impact our profitability as we fully utilize and integrate these products into our Construction Solutions portfolio. Later, we will conduct a question-and-answer session and instructions will be given at that time. acquisition, look, in our minds, we acquired the very best company out there in that space, period, bar none. Thanks, Curt. John is a proven leader. Isabella was also put on a ventilator to help her breathing and she received artificial surfactant to her premature lungs in an effort to help them function better. And as a result, you are seeing higher highs and higher lows. And Steve, do you want to touch on sort of our CapEx for the balance of the year and how were looking? GuruFocus.com is not operated by a broker or a dealer. 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. About NucorNucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. from insider trading and has received compensation worth at least Il s'agit d'un socit dont la forme juridique est Le code d'activit . The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. But for Gallatin, completed our second quarter outage. While joist and deck shipments were down from the first quarter, higher prices more than offset the decline in volumes. 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.. sale In addition to that, were bringing on these new businesses in Expand Beyond. By fourth quarter, we expect to be at nameplate capacity. Our mission, to become the worlds safest steel company, is the greatest measure of our culture and our most important value. a net Yes. Topalian twins' 'MoMo' survival proves miraculous. Ferriola has been Nucor's chief executive since 2013. But our market share position remains strong. . Thank you for your interest in our company. Above is the net worth, insider trading, and ownership report for Leon J Topalian. Isabella and Sophia were delivered at McLeod Regional Medical Center on March 25, 2009, by Dr. Kelly Rainwater with assistance from Bridges. Ill speak first -- well speak about the first half of the year. I think the underlying demand, the consumable spending appetite in this country still remains fairly high. Having joined Nucor in 1996, Mr. Topalian also has served as General Manager at two of Nucor's facilities, in Arkansas and Illinois, as well as Melting and Casting Manager, an Operations Manager, a cold mill production supervisor and a project manager. All rights reserved. And its something that weve talked about many times and shared with you and other analysts that through the cycle, we have seen incredible performance in that sector with Nucor-Yamato, Nucor-Berkeley beams reporting incredible returns and profitability out of those mills even with some, at the time, depressed utilization rates in the high-60s, low-70s. Wrexham AFC fans out in force to bag pre-sale Kings of Leon tickets. The positions, which have an average annual compensation of $75,000, will be filled over a four-year period. 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. Executive Vice President Engineered Bar Products and Fabricated Construction Products, Chief Financial Officer, Treasurer & Executive Vice President. And heres why. The guidance seems to suggest that it should be relatively in line with the second quarter. Our direct returns to shareholders for the quarter was 37% of earnings. We expect these investments to generate at least $370 million of combined annual EBITDA, once fully ramped up at mid-cycle performance and considerably more in robust market conditions, like the ones were seeing now. And while thats the forecast and its easy to say that, I truly believe that. This investment adviser does not provide advice to individual investors. From market futures to live price updates CNBC is the leader in business news worldwide. Other recent insider transactions involving Nucor Corp (NUE) include For opening remarks and introductions, I would like to turn the call over to Leon Topalian, President and Chief Executive Officer of Nucor Corporation. Were proud of them already. And Id say thats just not chasing the cheap tons. Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in, . Learn More on Nucor's active insiders. acquisition question, I just wanted to follow up. During the second quarter, Nucor funded $520 million in capital expenditures and $3.1 billion in acquisitions. Our Brandenburg, Kentucky plate mill is on schedule and on budget for a late 2022 production start with almost 400 team members on board. Finally, todays headlines are full of concerns regarding inflation, interest rate hikes and whether well experience a recession. Learn More on Leon J. Topalian's trading history. Mr. Leon J. Topalian salary is $5,950,000 per year So us providing, again, a complete solution really is a differentiated value proposition. And its held quite strong. We came through so much, but they are here because of answered prayers.. Thanks for the questions, Seth. . Her parents moved into the Topalians home in Florence to take care of the household while Leon was in Charlotte for work during the weekdays. We are so excited to welcome our new team members into the Nucor family. Most recently, Leon J. Topalian sold 3,000 shares of the business's stock in a transaction on Tuesday, December 20th. And we have guided to a little more than $2 billion on the year. Mr. Leon J. Topalian has made 14 insider trades between 2017-2022, according to the Form 4 filled with the SEC. While we are all aware of these factors, Nucors sustainable and flexible business model gives me great confidence in our ability to continue to grow and create value for our shareholders. Reshoring semiconductor production here in America gives us a tremendous opportunity to unleash a manufacturing renaissance in the United States. If we just look, for example, at the warehousing space, forecast by Dodge for 2023 is down about 19%. Please. Mr. Kearney was also director of Polypore International, Inc. from 2012 to 2015. Turning to the balance sheet briefly. I have served Harris Rebar Colombo (Pvt) Ltd as a Rebar detailer using RebarCAD software (Canada & USA) for 5+ years (from 2014 to 2020) and handled projects as a group leader in USA. Nucor is, Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Nucor Provides One-Year Update on New West Virginia Sheet Mill, Nucor to Build New Transmission Tower Production Plant in Alabama. Leon J. Topalian is the Pres, CEO & Director at Nucor. Nucor CEO Leon Topalian says the American steel industry can handle any increased demand rising from passage of an infrastructure bill in Congress. And again, well have the capability. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. So, you can back into roughly $1 billion for the second half of the year. Were proud to call them Nucor team members, and the growth that theyre going to bring in the coming years is something incredibly exciting for us. Executive Vice President John J Hollatz He 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. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC. Also, last week, the U.S. International Trade Commission unanimously extended antidumping and countervailing duty orders for an additional five years on imports of corrosion-resistant steel from China, India, Italy, South Korea and Taiwan. Only the transactions in Open Market or Private Sale at the market prices are included. And the other was to ask about follow-up to the garage door acquisition. Is it possible to get an update on how you see CapEx for the remainder of the year, maybe first look at 2023? Congress must get this important bipartisan priority across the finish line. and The Topalians were also told they could expect a 50 percent survival rate. Also during the second quarter, we completed our purchase of C.H.I. 200 units of NUE stock worth $26,947 on 20 Dec 2022. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Well, now with C.H.I., it is an incredible marriage as they continue to grow their commercial end to tie in with that dealer network with those businesses. It sounds like the C.H.I. Im going -- sorry, Curt, was talking about West Virginia, which Ill hold that for a moment and share that here perhaps a little later to the question or a follow-up. We are excited to launch our expansion of this new Nucor business in the State of Alabama.. The estimated Net Worth of Leon J Topalian is at least $36.3 Million dollars as of 20 December 2022. So were beyond 68 inches now. Is there any sort of renewed or early signs of renewed appetite to reengage here? Cornerstone and the insulated metal panel building business is doing that. Ive got two points on raw material strategy, please. This is a great company with a great reputation for working with us to make Morgan County a better place to live. [Operator Instructions] Well now hear from Timna Tanners of Wolfe Research. 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