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Monday, September 21, 2015

Trimble (TRMB) and Nucor (NUE) Renew Their AEC Markets Collaboration Agreement Again

Trimble and Nucor Corporation again (3rd time) signing a multi-year agreement for extending their collaboration in AEC (Architecture, Engineering and Construction) markets that started back in 2009.

Nucor can continue reaping the advantages of its investment in Trimble’s Tekla Structures Building Information Modeling (BIM) software package. This can be incorporated at the core of many business divisions, together with Nucor Buildings Group, Harris Rebar and Nucor Grating and leveraged as Nucor’s BIM resolution to deliver projects that’s unit values are economical, correct and constructible.

Both the businesses organization can work along to teach AEC stakeholders on effective workflows from model design through fabrication and construction, likewise as prepare students with the requisite skills to contribute to additionally ever BIM-centric industry. These organizations will conduct joint coaching for the business associated students with an aim to support appropriate curricula at academic and training institutions located close to Nucor's multiple fabrication facilities.

Nucor is witnessing strength across edge markets like automotive, energy and general producing as demand across these end markets stay healthy. The acquisition of Gallatin Steel Company has more fortified Nucor’s foothold within the key Midwest market, the largest flat-rolled absorbing region within the U.S.

Both companies think that this collaboration will extend their competitive advantage through higher quality and increased project efficiency in construction field. Trimble and Nucor share a standard vision for trade workflows and that they foresee to operating along with new initiatives to bring chance and education to Atomic Energy Commission practitioners and students across the country.

However, the steel industry continues to be looking a tough phase and market fundamentals still be challenging within the U.S. Nucor, like different steel manufacturers, remains plagued by surging domestic steel imports.

Trimble and Nucor Extend Multi-Year Collaboration in AEC Market
Trimble and Nucor Extend Multi-Year Collaboration in AEC Market

Image Courtesy: www.incworx.com And www.Trimble.com

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Published By
Rajib Dey
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