Nucor Corp (NYSE:NUE)
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A domestic manufacturer of steel and steel products whose customers are located in the United States of America.
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A domestic manufacturer of steel and steel products whose customers are located in the United States of America.
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These guys take "adapt or die" to a new level. For producing a commodity, they consistently innovate (without a formal R&D dept, it is done in operations), find ways of reducing cost inputs with a long term vision (build out of their plant in Louisiana in height of recession which will have lower energy costs as it will use long term natural gas contracts), and employees have skin in the game via output+quality bonuses rather than pensions. Currently they are below their 2009 lows, a great company to buy now if you are a long term investor--waiting until the cycle has obviously turned will be an easier but less profitable time to buy.