Nucor pledges $2.5 million to IAAM

Photo: Michael Boulware Moore, IAAM CEO and president; Joseph P. Riley, Jr., IAAM board member; John Ferriola, Nucor chairman, CEO and president

Nucor Corporation, a Fortune 500 steelmaking company, pledged $2.5 million to the International African American Museum (IAAM) – the combination gift includes a $1.25 million cash donation as well as a $1.25 million in-kind contribution.

Headquartered in Charlotte, North Carolina, Nucor is North America’s most diversified steel and steel products company, with more than 300 locations and 26,000 employees. In South Carolina, Nucor employs more than 2,000 people at eight locations, which includes two steel mills. Nucor is also North America’s largest recycler.

John Ferriola, Nucor chairman, CEO and president, noted that, “Teamwork and the power of partnerships has always been central to the way Nucor does business. We are proud to play a role in creating the International African American Museum, which will bring people together and forge compassion, empathy and understanding across people of all races and ethnicities. With this gift, we hope to help the museum build a bridge between the past and the future by presenting critical chapters of American history.”