Record #:

14049

Author(s):

Timblin, Carol

Abstract:

In 1965, Iverson became president of Nuclear Corporation of America (Nucor) and the following year he moved the financially-troubled company's headquarters to Charlotte. From those humble beginnings, the steel company was soon producing two million tons of steel and steel products per year and earning a ranking as the tenth largest steel company in the country. In 1982, Nucor had $486 million in sales and over $22 million in net earnings.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 4 Issue 1, Jan 1984, p41-42, por

Subject(s):

Iverson, F. Kenneth, 1925-2002