Meta Blog Posted April 27, 2006 Report Share Posted April 27, 2006 Originally from The Charlotte Capitalist , Most Charlotteans are familiar with Nucor here in Charlotte. Do you know the history? From Steven Brockerman at American Renaissance: Ken immediately reduced administrative staff from twelve to two. Then he packed up the company headquarters lock, stock & barrel into a couple of vans and moved it from Phoenix, Arizona, to Charlotte, North Carolina, near the profitable grate and joist operation at Vulcraft. There he fashioned a business plan that focused on Vulcraft while spinning off or closing the other seven unprofitable divisions. His focus on Vulcraft amounted to intense modernization. R&D became God at Nuclear. So much so that Douglas Sease would later write in 1981 in the Wall Street Journal that ?[M]odern technology is Nucor's long suit." That R&D laden suit was first dealt in 1965 by Ken Iverson. Steven provides part one. Part two coming soon I am sure. Quote Link to comment Share on other sites More sharing options...
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