Editorial Results (free)
1.
Arkansas Legislature Passes Steel Mill Funding -
Saturday, April 20, 2013
Arkansas is set to provide a new steel company with $125 million in financing and a package of tax breaks to build a mill in the northeast part of the state after the Legislature gave final approval to the plan on Tuesday.
2.
Nucor Net Income Falls 39 Percent -
Friday, April 19, 2013
CHARLOTTE, N.C. (AP) – Nucor Corp. said Thursday that its first-quarter net income dropped 39 percent, hurt by lower steel prices and volumes.
3.
Arkansas Legislature Approves Steel Mill Funding -
Wednesday, April 17, 2013
Arkansas is set to provide a new steel company with $125 million in financing and a package of tax breaks to build a mill in the northeast part of the state after the Legislature gave final approval to the plan on Tuesday.
4.
Arkansas Steel Mill Proposal Gains Traction -
Tuesday, April 02, 2013
LITTLE ROCK, Ark. (AP) – Gov. Mike Beebe's plan to provide $125 million in state financing to help a new company build a steel mill in Mississippi County is gaining bipartisan support among legislators – though some conservatives still object to having the government help fund one of Arkansas' largest economic development projects.
5.
Nucor Projects Lower-Than-Expected First-Quarter Profit -
Friday, March 15, 2013
CHARLOTTE, N.C. (AP) – Steelmaker Nucor Corp. on Thursday projected a first-quarter profit well below current Wall Street predictions, saying that its mills haven't gotten the seasonal boost that they typically do during the quarter.
6.
Arkansas Governor Announces $1.1 Billion Steel Mill Plan -
Wednesday, January 30, 2013
LITTLE ROCK, Ark. (AP) – Gov. Mike Beebe on Tuesday unveiled Arkansas' largest ever economic development project, saying investors were poised to build a $1.1 billion steel mill along the Mississippi River if legislators approve startup funding.
7.
Pinnacle Saga Ends With Move North -
Monday, January 28, 2013
The city of Memphis did not promise any incentives to Pinnacle Airlines as the regional air carrier weighed the decision it made Thursday, Jan. 24, to move its headquarters from Memphis to Minneapolis.
8.
Chism Hardy Moves Deeper Into Logistics -
Monday, January 28, 2013
The certified public accountant who bought the old Coors Belle brewery in Hickory Hill seven years ago and turned it into Hardy Bottling Co. has taken the supply chain lessons from the business into the logistics industry.
9.
Nucor Offers Guidance on Fourth Quarter Results -
Saturday, December 29, 2012
Executives of Nucor Corp., which owns a steel plant in the Frank C. Pidgeon Industrial Park, said last week they expect their fourth quarter earnings results to be lower than expected.
10.
Nucor Offers Guidance on Fourth Quarter Results -
Monday, December 24, 2012
Executives of Nucor Corp., which owns a steel plant in the Frank C. Pidgeon Industrial Park, said last week they expect their fourth quarter earnings results to be lower than expected.
11.
Commission to Vote on Industrial Land Sale -
Monday, December 03, 2012
Shelby County Commissioners take up the proposed sale Monday, Dec. 3, of 33.6 acres of land in the Frank C. Pidgeon Industrial Park in southwest Memphis.
Carolyn Hardy, owner of the Hardy Bottling Co. and consultant to the Blues City Brewery operation that later bought the plant, wants to buy the last available roadside acreage in the industrial park for a business to store and stage modular containers.
12.
Road Project Will Enhance Local Logistics Assets -
Friday, November 30, 2012
Construction is barreling forward on the Paul Lowry Road project, which will provide better access to the Frank C. Pidgeon Industrial Park south of Downtown.
The six-month project began in June, and a completion date is on target for the second week of December.
13.
Nucor Says Chief Operating Officer Ferriola to Take Over as CEO -
Monday, November 19, 2012
CHARLOTTE, N.C. (AP) – Steel producer Nucor Corp. said Friday that President and Chief Operating Officer John Ferriola will be promoted to CEO on Jan. 1.
14.
Nucor, Encana Sign Natural Gas Agreement -
Wednesday, November 07, 2012
CHARLOTTE, N.C. (AP) – Nucor Corp. has agreed to team up with the U.S. division of Encana Corp. on a project that would provide natural gas for its steelmaking facilities. Financial terms were not disclosed.
15.
Nucor’s Third-Quarter Profit Falls 39 Percent -
Friday, October 19, 2012
CHARLOTTE, N.C. (AP) – Nucor Corp.'s third-quarter net income plunged 39 percent on lower sales and prices as demand for steel fell in the sluggish global economy.
16.
Nucor Corp. Lowers Earnings Estimate -
Wednesday, September 19, 2012
Nucor Corp., which has a steel plant in Memphis, announced Tuesday, Sept. 18, it is lowering its third quarter earnings to 35 cents per diluted share from earnings a year ago of 57 cents per diluted share.
17.
Nucor Lowers Earnings Guidance -
Tuesday, September 18, 2012
Nucor Corporation, which has a steel plant in Memphis, announced Tuesday, Sept. 18, that it is lowering its third quarter earnings to 35 cents per diluted share from earnings a year ago of 57 cents per diluted share.
18.
New Plants Point to Infrastructure Needs -
Friday, September 14, 2012
Greater Memphis Chamber leader Dexter Muller is fond of recounting how hard it was to sell the Frank C. Pidgeon Industrial Park to site consultants for manufacturing companies.
19.
Council Mulls Funds for Fairgrounds -
Tuesday, August 21, 2012
Memphis City Council members take a step closer to redevelopment of the Mid-South Fairgrounds Tuesday, Aug. 21, with $1.7 million in sales tax revenue generated in the Tourism Development Zone that includes The Pyramid.
20.
Nucor Expansion Lease Option Approved -
Wednesday, August 15, 2012
There was no debate Monday, Aug. 13, as the Shelby County Commission approved as part of the consent agenda a lease on 41 acres of land by Nucor Steel in the Frank Pidgeon Industrial Park for a proposed expansion of the Nucor Steel plant.
21.
Ritz Seeks Countywide Sales Tax Hike -
Monday, August 13, 2012
Incoming Shelby County Commission chairman Mike Ritz wants to add a countywide sales tax hike for education to the Nov. 6 ballot.
The move, if approved by voters, would not only trump the half-cent sales tax hikes approved this month for five of the six suburban municipal school districts – it would also lessen the revenue the city of Memphis would get from a half-percent citywide sales tax hike already on the November ballot.
22.
Nucor Shares Hammered After Q2 Earnings Drop -
Friday, July 20, 2012
CHARLOTTE, N.C. (AP) — Nucor Corp. said Thursday that its net income slid 63 percent in the second quarter, dragged down by a joint-venture charge and expense connected to an acquisition.
23.
Praxair Files $2M Permit App for Pidgeon Park Site Work -
Tuesday, July 10, 2012
3587 Paul R. Lowry Road
Memphis, TN 38109
Permit Cost: $2 million
Permit Date: Applied June 2012
Owner: Praxair Inc.
Tenant: Praxair Inc.
Contractor: W.G. Yates & Sons Construction Co.
Details: Praxair Inc., an industrial gases company that operates an air separation complex in Frank C. Pidgeon Industrial Park, has filed a $2 million building permit application to lay a foundation at its facility, 3587 Paul. R. Lowry Road.
24.
Praxair Files Permit App for Pidgeon Construction -
Friday, July 06, 2012
Praxair Inc., an industrial gases company that operates an air separation complex in Frank C. Pidgeon Industrial Park, has filed a $2 million building permit application to lay a foundation at its facility, 3587 Paul. R. Lowry Road.
25.
Nucor Completes Acquisition of Skyline Steel -
Monday, June 25, 2012
Nucor Corp. has completed its acquisition of Skyline Steel LLC of Parsippany, N.J., at a purchase price of $605 million.
26.
Nucor Completes $605M Deal for Skyline Steel -
Friday, June 22, 2012
CHARLOTTE, N.C. (AP) – Steel recycler Nucor Corp. said Thursday that it completed its $605 million acquisition of a steel distribution unit of ArcelorMittal, expanding its reach in the North American construction industry.
27.
Nucor Says Steel Imports Cause of Lower Profits -
Thursday, June 14, 2012
Nucor Corp. executives lowered the steel company’s expected second-quarter profit results Wednesday, June 13, citing the impact of steel imports on the domestic market.
28.
$17M in Permit Applications Filed for Miller Creek Apts. -
Tuesday, May 22, 2012
Miller Creek Apartments
Germantown, TN 38125
Permit Cost: $17.2 million (20 permits)
Permit Date: Applied May 2012
Owner: Miller Creek Residences LLC
29.
Nucor Files Permit App to Expand Shipping Bldg. -
Monday, May 21, 2012
Nucor Steel Memphis Inc. is planning to grow its shipping building, according to a $2 million building permit application filed with the city-county Office of Construction Code Enforcement. The scope of work includes the foundation, fabrication and construction of the addition, according to the permit, which does not list a general contractor.
30.
Nucor's Q1 Profit Falls as Shipments Slip -
Friday, April 20, 2012
CHARLOTTE, N.C. (AP) – Nucor Corp. said Thursday that its first-quarter net income fell 9 percent. Shipments of steel declined slightly and prices didn't improve until the last month of the quarter.
31.
Nucor Says Supply, Prices to Hurt Q1 Earnings -
Friday, March 16, 2012
CHARLOTTE, N.C. (AP) – Steel maker Nucor Corp. predicted Thursday that its first-quarter earnings will fall short of last year's as prices have deteriorated since January with more inventory in the marketplace from domestic mills and imports.
32.
Nucor Files Application For Steel Operations -
Tuesday, February 21, 2012
3601 Paul R. Lowry Road
Memphis, TN 38109
Permit Cost: $2 million
Permit Date: Applied February 2012
Owner: Nucor Corp.
33.
Nucor, FedEx Among Incentive Recipients -
Friday, February 17, 2012
Millions of dollars in new investment, a few major corporate expansions and the retention of hundreds of local jobs – not to mention the creation of new demand for local construction workers and contractors – all were guaranteed by tax breaks awarded this week by the city-county Economic Development Growth Engine board.
34.
Nucor Steel Memphis Files $2M Permit Application -
Thursday, February 16, 2012
Nucor Steel Memphis Inc. is taking steps toward increasing its Memphis steel operations at 3601 Paul R. Lowry Road. The company filed a $2 million permit application with the city-county Office of Construction Code Enforcement for what the permit terms “files and steel erection.”
35.
Memphis Schools to Host Career & College Expo -
Wednesday, February 15, 2012
Memphis City Schools will host its fourth annual Career & College Expo Feb. 23-24 at the Memphis Cook Convention Center, 255 N. Main St.
36.
Major Projects on Tap at EDGE Meeting -
Wednesday, February 15, 2012
Representatives of FedEx Express, a major steel producer, a medical diagnostics company and a manufacturer for the baking industry will all be in front of local economic development officials Wednesday, Feb. 15, in pursuit of financial incentives.
37.
Nucor Steel Plans to Expand, Add Jobs -
Monday, February 13, 2012
Nucor Steel Memphis Inc. is growing.
The company is planning to increase its manufacturing output by up to 25 percent, create 27 new jobs at its 3601 Paul R. Lowery Road location and acquire about 42 acres on the east side of Paul Lowry from the Port Commission. That new acreage would help expand Nucor’s rail infrastructure.
38.
Steelmaker Nucor Swings to Profit, Revenue Jumps -
Friday, January 27, 2012
CHARLOTTE, N.C. (AP) – Steel manufacturer Nucor Corp. on Thursday said it returned to a fourth-quarter profit, helped by a jump in revenue.
39.
Nucor Memphis Plant Part of 2-Year Expansion -
Friday, January 27, 2012
The Memphis Nucor Corp. steel plant will be part of a two-year, $290 million effort by the Charlotte-based company to expand its production of special bar quality and wire rod.
40.
Nucor Q3 Net Income Up Sixfold on Higher Prices -
Friday, October 21, 2011
CHARLOTTE, N.C. (AP) – Steelmaker Nucor Corp. said its third-quarter net rose more than sixfold as steel prices rose sharply from the same period last year, and shipments increased. But the company warned that earnings in the current quarter will be lower than the third quarter as steel prices stagnate.
41.
Nucor Projects Lower-Than-Expected Q3 Profit -
Friday, September 16, 2011
CHARLOTTE, N.C. (AP) – Nucor Corp. on Thursday projected a third-quarter profit below average Wall Street predictions, citing lower steel prices and metal margins.
42.
Nucor Corp.'s Q2 Profit More Than Doubles -
Friday, July 22, 2011
CHARLOTTE, N.C. (AP) – Steel manufacturer Nucor Corp. said Thursday that its second-quarter earnings jumped as a 22 percent increase in sales helped offset higher costs. But it cautioned that stiffer competition could affect its third-quarter performance.
43.
Nucor Sees Strong Earnings During Second Quarter -
Thursday, June 16, 2011
Nucor Corp. said Wednesday, June 15, it expects to report second-quarter earnings of between 75 and 80 cents per share, more than double a year earlier.
44.
State Systems Celebrates 25 Years -
Tuesday, April 26, 2011
State Systems Inc., along with the company president Bob McBride, has experienced explosive growth and seen many changes within the protective services industry in the Mid-South over the past quarter of a century. The company celebrates its 25th anniversary this year.
45.
Nucor Q1 Outlook Meets Wall Street Estimates -
Wednesday, March 16, 2011
CHARLOTTE, N.C. (AP) — Nucor Corp. on Tuesday forecast a first-quarter profit that was in line with Wall Street expectations, as the steelmaker said demand is improving and prices have increased.
46.
Praxair to Expand Capacity at Memphis Factory -
Wednesday, March 16, 2011
DANBURY, Conn. (AP) — Praxair Inc. said Monday it will double the capacity of the air-separation complex at its Memphis plant to produce more oxygen and nitrogen for steel maker Nucor Corp. and oil refiner Valero Energy Corp.
47.
Nucor Breaks Ground on St. James Parish Plant -
Tuesday, March 08, 2011
CONVENT, La. (AP) – The head of Nucor Corp. said Monday that plentiful natural gas supplies made it possible for the steelmaker to set up shop in Louisiana and offer the prospect of creating thousands of jobs by providing a reliable energy source for domestic manufacturing.
48.
We’re in Good Company -
Tuesday, February 08, 2011
Memphis often gets a bad rap. So many people want to focus on negatives, and that simply breeds more negativity. From my perspective, the Memphis market is a uniquely great place to live and do business. Apparently I’m not the only one who thinks so. FedEx, St. Jude Children’s Research Hospital, AutoZone, International Paper, Conwood, Smuckers, Asics, Nucor and Electrolux – all are major corporations either headquartered here or choosing to have major manufacturing or distribution centers here.
49.
IDB Approves Electrolux PILOT -
Friday, January 14, 2011
Electrolux Home Products Inc. was approved for a 15-year payment-in-lieu-of-taxes (PILOT) for its $195 million southwest Memphis manufacturing facility in a special Wednesday session of the Memphis-Shelby County Industrial Development Board.
50.
Electrolux PILOT Approved -
Thursday, January 13, 2011
Electrolux Home Products Inc. was approved for a 15-year payment-in-lieu-of-taxes (PILOT) for its $195 million southwest Memphis manufacturing facility in a special Wednesday session of the Memphis-Shelby County Industrial Development Board.
51.
Nucor Expects 4Q Loss of 10 to 15 Cents per Share -
Friday, December 17, 2010
CHARLOTTE, N.C. (AP) — Steel maker Nucor Corp. expects to lose money in the fourth quarter as material costs rose and demand from construction markets remained weak.
52.
Nucor Sees Q3 Earnings Down From 2nd Quarter -
Wednesday, September 15, 2010
CHARLOTTE, N.C. (AP) – Steelmaker Nucor Corp. said Tuesday its third-quarter earnings will be down significantly from the second quarter due to higher scrap costs and the inability to pass along these price increases to customers.
53.
Nucor Spends $680,000 on Q2 Gov't Lobbying -
Tuesday, August 03, 2010
WASHINGTON (AP) – Nucor Corp. spent $680,000 in the second quarter to lobby Congress on legislation related to fair trade, energy and steel for military use, according to a recent disclosure report.
54.
Nucor Sees Q2 Profit As Steel Sales Surge -
Friday, July 23, 2010
Steel manufacturer Nucor Corp. said Thursday it returned to a profit in the second quarter as sales jumped 69 percent on higher average prices. But the company warned it is seeing a general slowdown across all of its product lines as the overall economy enters a new period of uncertainty.
55.
Nucor to Build Steel Testing Lab -
Friday, May 28, 2010
Nucor Steel Memphis Inc. is expanding and enhancing its Memphis presence with a $1.2 million steel testing laboratory.
56.
Moody's Cuts Nucor's Unsecured Debt Ratings -
Friday, February 26, 2010
NEW YORK (AP) - Credit ratings agency Moody's Investors Service downgraded Nucor Corp.'s senior unsecured debt ratings, citing weaker earnings from the steel maker.
57.
Nucor Files Permit For Quality Control Building -
Monday, February 15, 2010
Nucor Steel Memphis Inc. has applied for a $501,000 industrial building permit with the city-county Office of Construction Code Enforcement.
58.
Nucor Expects To Break Even in Q4 -
Thursday, December 17, 2009
Nucor Corp. reported Wednesday it should break even or record slightly positive fourth-quarter results, which would mark the first time this year the steelmaker hasn’t posted a quarterly loss.
59.
Ground Zero Pushes To Increase Daytime Business -
Monday, October 05, 2009
You don’t have to wait until darkness falls to walk into a juke joint, especially when the fragrance of green tomatoes frying can be smelled around lunch time at the Ground Zero Blues Club.
Natosha Huffstickler, the managing partner at the Memphis restaurant founded by actor Morgan Freeman, believes everybody needs a daily blues blast and soul food nourishing. So why wait for the weekend?
60.
Group Opposes Nucor Water Certification -
Tuesday, September 01, 2009
BATON ROUGE, La. (AP) - An environmental group wants a judge to vacate the state's recent issuance of water quality certification to Nucor Corp. for a proposed $2.1 billion pig iron mill in St. James Parish.
61.
Nucor Posts Q2 Loss On Weak Steel Demand -
Friday, July 24, 2009
Charlotte, N.C.-based Nucor Corp., the largest U.S. steel maker by production, reported Thursday it lost $133 million in its second quarter as demand remained weak amid the economic downturn.
62.
Nucor CEO Sees Years of Weak Demand -
Thursday, June 25, 2009
NEW YORK (AP) - The head of Nucor Corp., the top domestic steel maker, on Wednesday dismissed recent price increases as nothing more than a bump from falling inventories and suggested steel makers face as many as six more years in the doldrums.
63.
Nucor Predicts Narrower-Than-Expected Q2 Loss -
Wednesday, June 17, 2009
CHARLOTTE, N.C. (AP) - Nucor Corp., the largest U.S. steel maker by production, on Tuesday issued guidance for a narrower-than-expected loss for the second quarter, saying orders had improved in recent weeks.
64.
Southern Govs Meet Next Week to Discuss Energy -
Monday, June 08, 2009
BILOXI, Miss. (AP) - Oil tycoon T. Boone Pickens and five governors are scheduled to appear at a conference next week to discuss the future of energy needs in the South.
Governors Haley Barbour of Mississippi, Mike Beebe of Arkansas, Phil Bredesen of Tennessee, Joe Manchin of West Virginia and Sonny Perdue of Georgia are on the agenda to speak during a meeting of the Southern Growth Policies Board.
65.
Possible Nucor Plant in LA Slowed by Recession -
Monday, April 27, 2009
NEW ORLEANS (AP) - Nucor Corp. is buying land for a possible pig iron plant in southeast Louisiana, but the company's chief executive officer said Thursday that the time frame for moving on the project has been slowed by the recession that has stemmed the demand for steel,
66.
Nucor Posts Q1 Loss of $190M on Weak Steel Demand -
Friday, April 24, 2009
PITTSBURGH (AP) - Nucor Corp., the largest U.S. steel maker by production, on Thursday reported its first loss ever as a severe recession sapped demand for the metal. It forecast an even bigger loss for the second quarter, calling conditions the worst it's ever seen.
67.
Steel Maker Nucor Forecasts First-Quarter Loss -
Wednesday, March 18, 2009
Steel manufacturer Nucor Corp. on Tuesday revised its first-quarter forecast and now expects a loss rather than a profit, saying demand from its customers has eroded more than expected and overall product pricing has dropped.
68.
"60 Minutes" to Feature Blytheville, Nucor -
Tuesday, February 17, 2009
BLYTHEVILLE, Ark. (AP) - CBS' "60 Minutes" will feature a segment this Sunday about the city of Blytheville and its Nucor Corp. steel plants nearby in northeast Arkansas.
69.
Jindal Staff: Nucor Still Interested in La. -
Friday, February 06, 2009
BATON ROUGE, La. (AP) - Gov. Bobby Jindal's administration says steel manufacturer Nucor Corp. is still very interested in putting a plant in St. James Parish, despite remarks the corporation's chief executive made in a congressional hearing that reportedly cast some doubt on the project.
70.
Nucor Q4 Earnings Drop 71 Percent -
Wednesday, January 28, 2009
Charlotte, N.C.-based steel maker Nucor Corp. said its fourth-quarter earnings tumbled 71 percent on higher raw material costs and a drop in demand for the metal as the economy weakened.
71.
Nucor Falls as Analyst Downgrades Stock, Cuts EPS -
Wednesday, January 07, 2009
HARTFORD, Conn. (AP) - Shares of Nucor Corp. fell sharply Tuesday as an analyst cut her profit estimates and downgraded the steel maker, which she said has little room for margin expansion in a shrinking market.
72.
Nucor Well-Positioned For Acquisitions, Analyst Says -
Friday, November 21, 2008
A Goldman Sachs analyst said Thursday that steel producer Nucor Corp. was the sector’s best-positioned company, and that it could play an important role as an acquirer domestically and internationally.
73.
Steel Maker Nucor's Profit Soars on Acquisitions -
Friday, October 17, 2008
PITTSBURGH (AP) - Steel maker Nucor Corp. said Thursday third-quarter earnings nearly doubled, helped by higher sales from recently acquired steel and scrap-metal companies.
74.
Events -
Tuesday, August 19, 2008
The East Memphis Kiwanis Club will meet today at noon at The Racquet Club of Memphis, 5111 Sanderlin Ave. Gigi Lee with Wings Cancer Foundation will speak. For more information or reservations, e-mail Mathis Young at mathis.young@bankparagon.com.
75.
Events -
Monday, August 18, 2008
The Engineers’ Club of Memphis Inc. will hold its weekly luncheon today at noon at the Holiday Inn-University of Memphis, 3700 Central Ave. Lewis Wood will speak on the topic “Engineering Ethics.” Cost is $12.
76.
Port Honor Shows ‘What Memphis Is About’ -
Wednesday, June 11, 2008
Donald McCrory hadn’t heard that the International Port of Memphis would be featured this summer by the U.S. Custom House Guide as its “Port of the Month,” but he wasn’t surprised by the news either.
77.
Nucor Reports8% Q1 Profit Increase -
Monday, April 21, 2008
Nucor Corp.'s first-quarter profit rose 8 percent despite soaring raw material costs, especially for scrap metal.
The steelmaker and scrap metal recycler reported late last week that its78.
Nucor to Acquire North Carolina Recycler -
Wednesday, March 19, 2008
CHARLOTTE, N.C. (AP) - Steel producer Nucor Corp. agreed Tuesday to buy nearly all the assets of Metal Recycling Services Inc. for an undisclosed amount.
Charlotte-based Nucor said the deal provides it with additional growth in the scrap metal sector.
79.
Nucor Buys Scrap Broker Owner for $1.44B -
Monday, February 11, 2008
CHARLOTTE, N.C. (AP) - Steel producer Nucor Corp. said Friday it has agreed to acquire SHV North America Corp., which owns scrap broker and processor David J. Joseph Co., for about $1.44 billion.
80.
Capital-Gains Cut Would Have Minimal Effect Locally, Economist Says -
Friday, February 08, 2008
The National Association of Manufacturers and other groups are proposing a cut to the long-term corporate capital-gains tax, but how much that move would directly benefit Memphis' manufacturing businesses remains unclear.
81.
Nucor Profit TumblesAs Costs Offset Revenue -
Monday, October 22, 2007
Nucor Corp.'s third-quarter profit fell 27 percent on higher costs, the company said Thursday, but the earnings at the steelmaker and scrap metal recycler still surpassed analysts expectations.
&nbs82.
Nucor Continues WorkOn New Complex -
Wednesday, October 03, 2007
Nucor Corp. has applied for a permit for a $1.1 million building in its new 600-acre complex on President's Island. Blytheville, Ark.-based Stracener Brothers Construction Corp. is the contractor.
83.
Nucor Corp. AnnouncesLower Q3 Earnings Guidance -
Thursday, September 13, 2007
Steelmaker and scrap-metal recycler Nucor said Wednesday its third-quarter earnings likely will fall short of Wall Street expectations because of continued softness in the sheet metal markets and growing raw material cos84.
Nucor Names Ferriola COOOf Steelmaking Operations -
Friday, September 07, 2007
John Ferriola has been named chief operating officer of steelmaking operations for Nucor Corp. Ferriola takes over the job Sept. 30.
Nucor chairman, president and CEO Dan DiMicco, in an85.
Nucor's Consolidated Earnings Drop in Q2, But Sales Increase -
Friday, July 20, 2007
For second quarter 2007, Nucor Corp. had consolidated net earnings of $725.9 million or $2.39 per diluted share, a 13 percent drop from net earnings of $830 million or $2.65 per diluted share during last year's first hal86.
Le Bonheur Children's Medical Center Expansion Well on Its Way -
Wednesday, July 18, 2007
Methodist Le Bonheur Children's Medical Center has a history of firsts, starting with the first-ever open heart surgery in Memphis, which was performed there in 1959.
Le Bonheur opened the first pediatric kidney dialysis unit in the southeastern United States in 1973. And in 1998, the first split-liver transplant in the Mid-South was performed at Le Bonheur.
87.
Archived Article -
Tuesday, July 17, 2007
177 N. Highland St.
Memphis, TN 38111
Permit Cost: $600,000
Project Cost: $40 million
Permit Date: Applied July 6, 2007
88.
'Memphis Delivers' Touts Web Site, Newspaper Ads -
Wednesday, July 11, 2007
In an effort to attract the attention of some outside corporations and bigwigs, the Memphis Regional Chamber has launched a Web site to showcase all Memphis has to offer any business considering a move to the city.
89.
Nucor Steel to BuildNew Administration Building -
Wednesday, July 11, 2007
Nucor Steel applied for a $60,000 building permit July 5 for the construction of a new office building at 3601 Paul R. Lowry Road. Stracener Brothers Construction Corp., a Blytheville, Ark.-based company, is the contract90.
Nucor's Memphis Plans Unchanged Despite Reduced SBQ Products Demand -
Wednesday, June 27, 2007
The June 11 press statement sounded ominous, perhaps foreshadowing a setback for Charlotte, N.C.-based Nucor Corp.'s planned steel mill at Frank C. Pidgeon Industrial Park on President's Island, about eight miles south of Downtown Memphis.
91.
Nucor MergesWith Magnatrax Corp. -
Tuesday, June 26, 2007
Nucor Corp. has entered into a merger agreement with Magnatrax Corp. for about $280 million in cash.
The merger is expected to be finalized after satisfactory resolution of regulatory ap92.
Sitting Pretty -
Thursday, June 21, 2007
For anyone who can't see how important FedEx is to Memphis' economy, Wyatt Aiken, senior vice president of Commercial Advisors LLC, paints the following picture:
"If Memphis wasn't a great distribution hub, FedEx wouldn't be here," he said, "and if FedEx wasn't here, we'd be Little Rock."
93.
Incentive Program Has Businesses on Fast Track To Memphis -
Wednesday, June 13, 2007
At a Memphis City Council committee meeting last week, council members swiftly put the final touches on a package of incentives for two plum economic development projects.
The votes themselves were almost a formality. The projects - a steel production mill and a giant distribution center for Nike shoes - already officially had been lined up.
94.
Nucor Files $47 MillionPermit For Steel Mill -
Monday, March 19, 2007
Charlotte, N.C.-based steelmaker Nucor Corp. is closer to forging its new $230 million steel mill in Memphis' Frank C. Pidgeon Industrial Park.
Nucor has filed a $47 million building per95.
Multifamily Housing Market Remains Strong, Even With Lower Occupancies -
Tuesday, February 27, 2007
Bolstered by a healthy local economy - most notably the area's highest job growth in five years - the Memphis multifamily housing market enjoyed a strong 2006 despite declining occupancy rates.
In other words, a steady new stream of workers kept the demand for apartments high, helping fill Class A and B properties and bumping up overall rental prices.
96.
'06 Chamber Efforts Signal Good Things to Come in Region -
Tuesday, January 16, 2007
Memo to the City of Memphis from the Memphis Regional Chamber: 2006 was a very good year.
Since this past summer, when the Memphis City Council approved a $175,000 one-year contract with chamber officials - part of a package that included other funding sources - the chamber parlayed its first government aid in two years into some impressive economic development victories.
97.
Nucor Wants To Buy Harris Steel -
Wednesday, January 03, 2007
Charlotte, N.C.-based Nucor Corp. has made an offer to buy Harris Steel Group Inc., a steel fabricator and processor based in Toronto.
Harris Steel reported sales of $900 million in U.S.98.
HEHFB PILOTs Often Fly Under Radar Of Public Perception -
Tuesday, December 19, 2006
In Memphis, a payment-in-lieu-of-taxes (PILOT) freeze typically is associated with a large corporation opening an office or plant.
While the Memphis and Shelby County Industrial Development Board (IDB) is in charge of issuing such tax breaks, the Center City Commission also grants PILOTs for commercial real estate development Downtown.
99.
Nucor Corp. BuysVerco Manufacturing -
Friday, November 03, 2006
Nucor Corp. has completed the purchase of substantially all of the assets of Phoenix-based Verco Manufacturing Co. for about $180 million in cash, officials announced Wednesday.
The purc100.
Nucor Corp. Reports Record-Breaking Sales -
Friday, October 20, 2006
Nucor Corp. has had a record-breaking year so far, company officials have reported.
In the first nine months of 2006, Nucor's consolidated net sales increased 19 percent to $11.28 billio