Company Directory - Nucor Corporation
Company Details - Nucor Corporation
Nucor Corporation
WebsiteCharlotte, United States
ISIN: US67066G1040
Nucor Corporation is the largest manufacturer of steel in the United States. Headquartered in Charlotte, North Carolina, the company is a leader in innovative, energy‐efficient steel production and recycling processes, serving various industries with a range of high-quality steel products.
CCI Score
CCI Score: Nucor Corporation
-29.95
0.01%
Latest Event
Nucor Corporation Political Contributions and Lobbying Profile
OpenSecrets data indicates that Nucor Corporation contributed approximately $1,298,503 and spent around $1,600,000 on lobbying efforts during the 2024 cycle. This level of political spending raises concerns from an anti-fascist perspective, as extensive corporate financial involvement in politics can support policies and practices that undermine democratic processes and potentially bolster authoritarian influences.
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ACCOMPLICE
Nucor Corporation is currently rated as an Accomplice.
Latest Events
- FEB192025
OpenSecrets data indicates that Nucor Corporation contributed approximately $1,298,503 and spent around $1,600,000 on lobbying efforts during the 2024 cycle. This level of political spending raises concerns from an anti-fascist perspective, as extensive corporate financial involvement in politics can support policies and practices that undermine democratic processes and potentially bolster authoritarian influences.
-20
Political Contributions and Lobbying Efforts
March 24
The data shows that Nucor Corporation engaged in significant political contributions and lobbying, with expenditures of over $1.6M in lobbying during 2024. From an anti-fascist lens, such corporate political activity is worrisome as it demonstrates an ability to influence policy in ways that can support authoritarian or corporate-favoring agendas. The entanglement of corporate money in politics has the potential to erode democratic accountability and promote regulatory outcomes that favor business interests over the public good.
- NOV062024
Docket records from the National Labor Relations Board indicate that Nucor Steel Corporation has been involved in a labor dispute, with documentation including a signed charge against the employer alongside a dismissal letter. Although details are limited, the charge highlights potential issues with labor practices and worker rights, raising concerns about the company's ethical responsibilities in its treatment of labor.
-40
Labor Relations and Human Rights Practices
March 24
The NLRB docket provides evidence of labor disputes involving Nucor Steel Corporation, including a signed charge against the company. This suggests potential shortcomings in upholding fair labor practices and worker rights, which are critical under the 'Labor Relations and Human Rights Practices' category. Such activities can be seen as supportive of broader authoritarian labor practices by undermining workers' rights and union efforts.
- SEP182024
Nucor's recent report details its extensive lobbying activities and political contributions across federal, state, and local levels. While the company emphasizes that these activities are designed solely to safeguard corporate interests and comply with legal disclosure requirements, such practices enable significant corporate influence on policy-making, which can undermine democratic accountability and facilitate the entrenchment of authoritarian practices.
-30
Political Contributions and Lobbying Efforts
March 24
The report demonstrates that Nucor actively employs political contributions and lobbying efforts to secure favorable consideration from policymakers, thereby reinforcing corporate power. Although the company claims these measures are in the interest of promoting industrial and economic stability, from an anti-fascist perspective this kind of undiscriminating political spending contributes to a system where corporate interests override public welfare, potentially bolstering authoritarian tendencies.
- DEC272023
Nucor Corporation successfully defended itself against a bias and harassment suit filed by four Black former employees at an Arkansas steel plant. While the court ruled in the company's favor due to insufficient evidence, the case raises questions about its labor relations and commitment to human rights in the workplace.
-30
Labor Relations and Human Rights Practices
March 24
The allegations of racial discrimination, harassment, and retaliation, even though not legally upheld, suggest potential issues in Nucor’s labor relations and human rights practices. From an anti-fascist perspective, such claims feed into broader concerns about systemic bias and the marginalization of minority employees, calling into question the company’s internal policies and workplace culture.
Nucor Corp. Prevails in Black Employees' Bias, Harassment Suit
- FEB162018
Nucor Corp. settled a $22.5M race bias discrimination lawsuit after allegations of a hostile work environment and racially discriminatory practices at its South Carolina steel mill. This case underscores severe labor relations and human rights challenges within the company.
-80
Labor Relations and Human Rights Practices
March 24
The $22.5M settlement for race bias charges reveals a significant lapse in Nucor's adherence to fair labor practices and human rights standards. This event not only highlights serious discrimination issues within the company but also contributes to broader systemic inequalities that align with authoritarian and oppressive practices.
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Industries
- 331110
- Iron and Steel Mills and Ferroalloy Manufacturing
- 331210
- Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
- 331492
- Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum)
- 331120
- Steel Product Manufacturing from Purchased Steel