Congressional Digest

International Debates Archives March 2009 No. 3 Vol. 7
Nucor Corporation

Buy American

Protectionism and the Economic Stimulus

Nucor Corporation

President Dan DiMicco

Nucor Corporation is a 104-year-old steel and steel-products company based Charlotte, North Carolina. Dan DiMicco is chairman, chief executive officer, and president of Nucor Corporation. The following is excerpted from the testimony before a U.S. House of Representatives Congressional Steel Caucus Hearing on February 4, 2009.   As you have just heard, this is the greatest economicchallenge that we have faced since the Great Depression. At Nucor, every one ofour 22,000 employees and their families are being hit hard by this crisis. Ourplants are operating near half of their capacity. Our workers and theirfamilies have suffered tremendously over the last…

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