Nucor (NUE +0.8%) approves a $115M joint venture plan to expand production of specialized steel...

|About: Nucor Corporation (NUE)|By:, SA News Editor

Nucor (NUE +0.8%) approves a $115M joint venture plan to expand production of specialized steel piling products used in marine, bridge and highway construction. The project, in conjunction with its Yamato Kogyo partner, is expected to be completed in early 2014 and will produce lighter, stronger sheet pilings at a lower installed cost, NUE says.