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Nucor Corporation acquires SWDP for $115m, launches Nucor Data Systems to meet growing data centre demand
The steel maker’s acquisition of Southwest marks its expansion into the data centre infrastructure industry, driven by the surging demand for AI and cloud-based services.
By João Marques Lima
Founder and Editor, The Tech Capital
2 Mins
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Chad Utermark, Nucor's Executive Vice President of New Markets and Innovation. Source: Nucor
Steel manufacturer Nucor Corporation (NYSE: NUE) has acquired Southwest Data Products, Inc. (SWDP), a manufacturer and installer of data centre infrastructure for US$115 million.
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João Marques Lima
Founder and Editor, The Tech Capital
4 Mins|June 12, 2026
3 Mins|June 12, 2026
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