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F. Kenneth Iverson

Nucor Corporation

1965 - 1996

Metals

Military ServiceNavy
1960 b. 1925
male
EducationTwoDegree
UndergraduateCornell University
GraduateMS, Purdue University
Personal
Born-Died1925 - 2002
BirthplaceIllinois (IL)
RaceWhite
FatherExecutive, Low-/Mid-Level
Era - 1960

Iverson pioneered the mini steel mill and, in the process, reinvented the steel industry. By the early 1980s, Nucor Corporation had grown into the most profitable carbon-steel operation in the world. In 1984, it produced 1.5 million tons of steel, with sales of $660 million and profits of $44.5 million.