Nucor buys steel deck manufacturer, Verco

Nucor Corporation announced this week that its wholly-owned subsidiary, Verco Decking Inc., has completed the purchase of the assets of Verco Manufacturing Company for $180 million in cash. Verco Manufacturing Company produces steel floor and roof decking. After the addition of the company's three locations in western United States to Nucor's existing Vulcraft Group, the largest US manufacturer of steel deck, Nucor's total annual deck capacity will exceed 500,000 net tons. Nucor's Chairman, President, and CEO, Daniel DiMicco, told press, "Verco is an excellent addition and complement to our existing Vulcraft group. We are looking forward to expanding our reach to the western US deck market.” Verco Manufacturing's existing facilities are in Phoenix, Arizona; Fontana, California, and Antioch, California.