DAVID J. JOSEPH COMPANY

The David J. Joseph Company was founded in 1885 and has been the broker of ferrous scrap to Nucor since 1969. Currently the company has five main businesses - Brokerage Services, Scrap Processing, Mill and Industrial Services, Rail Services, and Self Service Auto Parts. In 2007, the company brokered over 20 million tons of ferrous scrap and over 500 million pounds of non-ferrous materials. They will process over 3.5 million tons of ferrous scrap in 2008 utilizing twelve shredders in 35 yards. DJ... J also owns over 2,000 scrap-related railcars and provides complete fleet management and logistics services to third parties. In 2007, the combined David J. Joseph Company's revenue and adjusted EBITDA were approximately $6.4 billion and $197 million respectively. Nucor expects the acquisition to be accretive in 2008.More