Castrip LLC names new president

September 7, 2006

Castrip LLC, Charlotte, N.C., has announced that Frank M. Fisher, Jr. has joined the company as its new president. Formerly vice president of sales-North America and Europe at Magneco/Metrel, Inc. in Addison, IL, Fisher has more than 24 years of steel-related experience.

Fisher will take over the presidency of Castrip LLC from Richard Wechsler, who became Nucor's general manager of international business development in 2005 and has continued to serve as acting president of Castrip LLC until Fisher's appointment.

Castrip LLC is a joint venture of Nucor Corporation, BlueScope Steel Ltd. of Australia, and Ishikawajima-Harima Heavy Industries (IHI) of Japan. The company was formed to market and license the intellectual property developed jointly by its three owners, related to the twin roll casting of carbon and stainless steels.

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