Nexii, Inc. Announces Strategic Equity Investment from Nucor Corporation
Nexii Inc., a Dallas-based North American company, is pleased to announce that Nucor Corporation (NYSE:NUE), has completed an equity investment in the company. “We're excited to receive the equity investment and the vote of confidence from Nucor,” said Audrey Pinkerton, CEO of Nexii. “The investment from Nucor strengthens our business as we work to positively impact the commercial construction market with our innovative and durable product." Nucor has made several acquisitions in the building products space, including acquiring companies that manufacture data center infrastructure, insulated metal panels and overhead doors. Nucor's investment in Nexii is a natural extension of the company’s efforts to offer its customers in the nonresidential construction market innovative solutions for their projects.
About Nexii
Nexii is a leading manufacturer of precision wall and roof systems for commercial and industrial buildings, including quick serve retail, small box retail, distribution centers, and data centers. The company is a relaunch of a highly touted Canadian startup, which previously produced and delivered pre-manufactured panels for notable clients such as Walmart, McDonald's, and Starbucks. Now recapitalized and under a new ownership team, Nexii is poised to build on its track record of success. The company plans to expand plant production capacity in British Columbia and plans to open a new U.S. manufacturing plant in the future.
The Nexii system enables commercial buildings to be built faster, smarter, and greener, utilizing a proprietary ultra-hard and fast-setting low-carbon concrete shell surrounding a foam and steel core structure. The Nexii system can add value to almost any commercial or industrial building by accelerating construction schedules, eliminating on-site labor expenses, generating near-zero job site waste, and delivering superior thermal performance for long-term energy savings.
