Like most 11-year-olds in 2009, I was looking up to and admiring steel executives with compelling arguments on trade. I’ve continued to follow Dan Dimicco’s career but never got to discuss trade wars, tariffs, protectionism, and China with him–– until now.
Dan’s bio on the Coalition for a Prosperous America Website says:
"Dan joined Nucor Corporation in November 1982 as Plant Metallurgist and Manager of Quality Control for Nucor Steel in Plymouth, Utah. In March 1991, Dan became General Manager of the Nucor-Yamato joint venture in Blytheville, Arkansas and became Vice President in January 1992. Dan became Executive Vice President of Nucor Corporation in September 1999, and in September 2000 he was elected President and Chief Executive Officer. Dan was elected Vice Chairman of the Board of Directors in June 2001, and Chairman of the Board in 2006. From January 2013-January 2014 he served as Executive Chairman. He presently serves as Chairman Emeritus (effective January 2014.)
Dan served as Nucor’s CEO longer than anyone since company founder, Ken Iverson. Under Dan’s leadership, Nucor delivered dramatic growth in profits and shareholder returns. From September 2000 through the end of 2012, Nucor completed over 50 acquisitions for a total investment of $6.5 billion, and Nucor’s total shareholder return growth was 720%, which is almost four times greater than the total return of the S&P Steel Group Index and twenty-eight times greater than the S&P 500’s total return. In addition to this impressive record of profitable growth, Dan proved himself an effective champion for domestic manufacturing and rules-based, rules-enforced free trade.”
His appearance on 60 Minutes can be seen here.
Dan’s book: American Made: Why Making Things Will Return Us to Greatness
Many thanks to Dan and the Coalition for A Prosperous America for appearing on the program.
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