Nucor Steel Memphis Receives Platinum Supplier Certification from Caterpillar

CHARLOTTE, N.C., Oct. 30, 2017 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced that its Nucor Steel Memphis, Inc. division was certified by Caterpillar Inc. at the platinum level through its Supplier Quality Excellence Process (SQEP).   The certification was formally presented to the Nucor Steel Memphis team in September.  Nucor Steel Memphis is the only steel mill in the world to earn Platinum certification, which represents excellence in process control, continuous improvement, product quality and delivery to Caterpillar.

"This recognition by Caterpillar is a testament to our team's commitment to continually improve how we serve our customers. I want to congratulate each member of the Nucor Steel Memphis team for their hard work and dedication," said John Ferriola, Chairman, CEO & President of Nucor Corporation.

Caterpillar created the SQEP to recognize those suppliers that demonstrate their commitment to excellence and drive a "zero defects" culture within their organizations.  Certification levels include Bronze, Silver, Gold and Platinum, reflected in order of increasing difficulty.  Suppliers are certified through SQEP by meeting or exceeding stringent supplier performance standards, such as product quality and shipping performance, which are measured over the course of a year by a cross-functional global team of Caterpillar experts in the areas of engineering, manufacturing, logistics and procurement.

This is the first invitation and certification from Caterpillar for the Nucor Steel Memphis team.  Nucor Steel Memphis has supplied Caterpillar with engineered long bar in carbon and alloy grades since 2010 for use in track links, sprocket segments, idlers, ground engaging tools, hammer bits, transmission parts, gears and pins.

Nucor and its affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada.  Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; steel grating; and wire and wire mesh.  Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

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SOURCE Nucor Corporation

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