Nucor purchasing TrueCore of Laurens

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Nucor Corp. announced this week that it is acquiring TrueCore LLC, an insulated metal panel manufacturing company with a facility in Laurens. TrueCore produces insulated metal panels serving the cold storage market, with plans for additional commercial and industrial applications.

“This acquisition fits well with our strategy to profitably grow our value-added product portfolio and provides great synergies with Nucor Buildings Group,” Chad Utermark, executive vice president for fabricated construction products, said in a news release. “As the market leader in metal buildings, we currently utilize a high volume of insulated panels for buildings we design and manufacture.”  

TrueCore’s 26 employees will become part of Nucor Buildings Group, the release said.

“We are excited to be in this business. The TrueCore products are outstanding and the TrueCore team is exceptional,” Jeff Carmean, president of Nucor Buildings Group, said in the release. “The TrueCore founding partners, Conor Lowery, Dean Soll, and Sara Truhlar, will remain with the company and bring significant industry experience and unparalleled commitment to the insulated panel market.”

Conor Lowery, director of operations for TrueCore, said the Laurens company can grow faster under the Nucor umbrella to meet growing demand.

“We already have plans to add additional products to our portfolio, including insulated roof panels and a line of fire-rated panels,” he said in the release. “In the coming months we will also begin construction on new facilities to serve the Western and Midwestern markets.”  

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico.