Nucor, Mitsui to Form Steel Processing JV
Nucor announced that its wholly owned subsidiary, The David J. Joseph Company (DJJ), acquired the assets and business of Ocala Recycling LLC, which operates four facilities in Florida. The four yards produce over 100,000 tons of scrap annually. The addition of Ocala gives DJJ a total of 15 automobile shredders throughout its facilities. Since DJJ joined Nucor in March 2008, it has added approximately 1.1 million tons of scrap processing capacity and opened two greenfield yards.