2003 ANNUAL REPORT

D MICHAEL PARRISH     ROBERT KEITH PARRISH      CHARLES BRITT PARRISH JR     DERALD H PARROTT      TIM...
WILLIAM D SMITH WILLIE SMITH ARTHUR W SMITH III LEWIS H SMITH III LEONARD A SMITH JR RICHARD L SMITH SR BRIAN ALAN SMITHAR...
CONTENTS
Nucor Employees                                                   cover          Capacity Graphs                 ...
FINANCIAL HIGHLIGHTS
                                                                                    2003             ...
TO OUR STOCKHOLDERS

                                                                                                     ...
TO OUR STOCKHOLDERS

 4


Our sheet mill in Berkeley County, South Carolina completed construction of a vacuum degasser in...
TO OUR STOCKHOLDERS

                                                                                                     ...
TO OUR STOCKHOLDERS

 6


                                          Nucor’s net sales for 2003 were a record $6,265,800,00...
TO OUR STOCKHOLDERS

                                                                                                     ...
DIVIDEND HISTORY

  8

NUCOR has increased the cash dividend every year since 1973.
Over the past three decades, we have r...
AT A GLANCE

                                                                                                             ...
OPERATIONS REVIEW

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STEEL MILLS SEGMENT
BAR MILLS, SHEET MILLS, STRUCTURAL MILLS AND PLATE MILL
Nucor operates scrap-ba...
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
nucor annual reports 2003
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  1. 1. 2003 ANNUAL REPORT D MICHAEL PARRISH ROBERT KEITH PARRISH CHARLES BRITT PARRISH JR DERALD H PARROTT TIMOTHY A PARROTT WARREN S PARROTT DAVID W PARSLEY MICHELLE PARSLEY JAMES C PARSON DEBRA MARY PARSONS JASON M PARSONS STEVEN L PARSONS EDWARD D PARTAIN SHANNON L PARTAIN JOE M PASCHAL RICHARD N PASCHAL JUSTIN A PASTORE MORGAN R PATE WILLIAM NATHAN PATE ERIC R PATELUNAS JOHN A PATERNOSTER MOHAN R PATIL ALEX G PATRICK BRIAN K PATRICK JAMES W PATRICK MICHAEL P PATRICK AARON D PATTERSON ALPHONSO J PATTERSON ANTONY B PATTERSON BOBBY R PATTERSON DANNY R PATTERSON HOYT E PATTERSON JIMMIE G PATTERSON JOSHUA LYNN PATTERSON SHANE W PATTERSON TIM PATTERSON WILFORD E PATTERSON KENTON G PATTILLO LONNIE D PATTILLO PHILLIP D PATTON ROBERT H PATTON CALE R PAUL KAMARA C PAUL DALE F PAULSEN JOHN R PAULSEN MICHAEL E PAULSEN JERALD L PAVLIK RODNEY L PAVLIK ASHLEY E PAXTON GROVER A PAY ALLAN W PAYNE ALVIN CARLOS PAYNE BRAD A PAYNE BRENDA G PAYNE CHAD J PAYNE JEFF PAYNE JOEL PAYNE JOHNNY W PAYNE JONAS PAYNE KENNETH D PAYNE SHANNON PAYNE TOMMY PAYNE TOMMY K PAYNE WILLIAM K PAYNE WILLIAM T PAYSEUR ELTON E PAYTON PATRICK A PAYTON WILLIAM PAYTON NEIL R PEABODY JOEY K PEACE JOEY K PEACE JR MICHAEL M PEACOCK ALBERT D PEARCE BRENT N PEARCE LARRY DENNIS PEARL DOUGLAS E PEARMAN MATTHEW O PEARMAN DAVEDA J PEARSON JACQUALINE PEARSON MICHAEL D PEARSON SABRA L PEARSON TARA L PEARSON-FRIBERG JAMES D PEASE MARK A PEASE JAMES J PEBLEY MICKEY PEBLEY JOHNNY W PECK MARK EDWARD PECK SCOTT D PECK TRAVIS C PECKHAM MATTHEW L PECKHART PAUL J PECONGE II POUL V PEDERSEN JR PAMALA S PEEBLES BOBBY E PEEK CHARLTON L PEEK MARK A PEEK WILLIAM M PEELE JAMES E PEELER TIMOTHY PEGUES LESLIE W PELFREY RANDALL G PELL DONALD J PELLOR CATHY ANN PELUSO MICHAEL A PELUSO LILLIAN PENA TIM D PENCE BRIAN S PENDERGRASS DENNIS C PENDERGRASS TOBY N PENDERGRASS EVA W PENDLETON LARRY W PENDLETON SIGMUND PENKUNAS RON D PENNE GARY PENNELL ARVIL KEITH PENNINGTON RODNEY W PENNINGTON JAMES G PEOPLES JOSH W PEOPLES MARK A PEPPER DAVID F PEREZ CARL H PERKINS DAWN M PERKINS PHYLLIS D PERKINS RONALD PERKINS TRAVIS C PERKINS VICTORIA L PERKINS LARRY N PERRIN JR CHRISTOPHER M PERRY GREG M PERRY JENNIFER L PERRY KITTY PERRY RONALD PERRY RUSSELL GLEN PERRY STEVEN R PERRY WALTER THOMAS PERRY II WALT R PERRY IV ANNIE R PETERKIN ANDREW PETERS BRAD S PETERS GARY PETERS JASON C PETERS JEFFERY PETERS KOLBY G PETERS MARGARET L PETERS CARLYLE E PETERSEN CASEY R PETERSEN DIRK A PETERSEN GARY L PETERSEN JAMES F PETERSEN KEITH L PETERSEN PHILIP PETERSEN BRIAN K PETERSON FRANK D PETERSON J NEIL PETERSON JAMES A PETERSON JEFF PETERSON JOHN M PETERSON KENNETH J PETERSON KOVAR A PETERSON KRISTINE PETERSON LINDA C PETERSON ROBERT D PETERSON JAY R PETERSON JR MARK PETITGOUE MARK E PETRACEK ANTHONY JOSEPH PETROSINO RONALD D PETSCHE STEVE L PETT DARRYLE PETTERS DENNIS K PETTIGREW MITCHELL WILLIAM PETTY JR DENNIS H PEW SEAN T PEW BRADLEY S PFEFFERKORN EDWARD J PFEFFERKORN JEREMY D PFEFFERKORN KIMBERLY E PFEFFERKORN NATHAN J PFEFFERKORN BRUCE D PFEIFER MONTE J PFEIFFER JASON A PFLEDDERER MARTY D PFLUEGER MONTE C PFLUEGER DORIS J PHELPS LARRY R PHELPS TONY A PHELPS DAVID L PHETTEPLACE DONALD LEE PHETTEPLACE AUDRA PHILLIPPE RANDALL PHILLIPPE ALSTON S PHILLIPS CHARLES PHILLIPS DENNIS J PHILLIPS HAROLD PHILLIPS MARK A PHILLIPS MONTY PHILLIPS SHANNON L PHILLIPS TERRY L PHILLIPS TERRY WAYNE PHILLIPS WYNEEK E PHILLIPS DEWELLS Q PHILLIPS JR DAVID E PHILPOTT ANTHONY S PIATT FRANK S PIAZZA RAYMOND E PIAZZA DONNA M PICARRO PETER MICHAEL PICCIANO JERRY L PICHLER ANTHONY J PICK J KEITH PICKENS JAMES EDWARD PICKENS JEANETTE D PICKENS KERRY C PICKENS RONALD N PICKENS ERIC W PICKETT MITCHELL R PICKETT GILBERT PICQUET MICHAEL JOSEPH PIDLYPCHAK STEPHEN E PIENAAR CLINT PIEPHO BRIAN K PIERCE BRIAN RUSSELL PIERCE GREGORY S PIERCE JACQUELINE D PIERCE JERRY PIERCE JOHN L PIERCE JOSEPH ALAN PIERCE KEVIN D PIERCE MATHEW S PIERCE ROBERT L PIERCE TRAVIS J PIERCE BRENDA L PIERSON DENNIS D PIERSON JOHN E PIETRZAK BRIAN W PIKE JOSEPH L PIKER JONATHAN D PIKETT WILLIAM G PIKETT JOHN STACEY PIKEY ADAM PILKINGTON FRED PILKINGTON DANIEL LEE PILLE JOHN D PILLING THOMAS L PINCKNEY DALE D PINCOMBE CURT L PINDER CHRISTOPHER W PINKHAM JOSEPH E PINKSTON ANDREW A PINTO KENNETH W PIOTROWSKI STACEY A PIPER ANTHONY L PIPKIN THOMAS H PIRTLE JAMES D PISCHER TERRENCE I PISKORSKI DARREN PITCHER MIKE PITCHER CHRIS PITTMAN MATTHEW E PITTMAN BRUCE I PITTMAN II HUGH A PITTS ROBERT L PITTS VIRGILAN LYNN PITTS RANDY S PITZER MARY A PITZULO JORGE C PIZANO GENE R PIZZILLO JR ADAM F PLANER FREDERICK D PLANER CHAD E PLASTERS BRADLEY V PLAYER DAVID E PLAYER RONALD E PLAYER MICHAEL E PLEASANT DAVID PLETCHER SHANNON R PLUNK JACKIE PLUNKETT JASON M PLUNKETT JOHNNIE R PLUNKETT ROGER D PLUNKETT PERRY POCHE CORY D POCHOP JEREMY D POCHOP MATTHEW J POCHOP DANA D PODLISKA TRACY L POE JAMES L POFAHL SETH M POHLMAN SHAD M POHLMAN KIECA A POINTDUJOUR CHAD M POKORNEY ADAM B POLE MARK C POLE JAMES D POLLACK JERRY L POLLAND DON M POLLARD LARRY N POLNER DALE E POLSON DAVID J POLSON ALVIN L POLT CRAIG R POLT RICHARD C POLT STEVEN J POLT EUGENE R POMPEII THOMAS L PONCE CLARK J PONDER MICHAEL W PONDER RANDY L PONDER STEPHEN W PONDER DENNIS P PONTON DAVID C POOL ADRON POOLE TERRY L POOLE THAD N POORE GERALD POPE LLOYD POPE MEOUN POPE MICHAEL L POPE MICHAEL R POPPLETON VEDA JEAN POPPLETON ANDRE PORCHER RODNEY L PORCHER GARY L PORLIER MICHAEL W PORT JAMES E PORTER JONATHAN R PORTER NEAL L PORTER SONYA D PORTER DAVID U POSER BRIAN D POSKIN STANISLAW E POSLUSZNY RICHARD F POSPISIL KENNETH RAY POST JAMES M POSTON JERRY E POSTON MICHAEL POSTON RONNIE W POSTON STANLEY D POSTON CHARLES O POSTON JR KENNETH C POSTON JR MICHAEL H POSTON JR FRANK H POTCHEBSKI RICKY E POTEET BLAINE B POTTER GARY D POTTER JASON L POTTS RONDELL R POTTS CLARK D POULSEN ALFRED L POWELL ANTHONY D POWELL DAVID C POWELL DOUGLAS M POWELL JAMES E POWELL JAMES G POWELL KENNETH R POWELL NANNETTE S POWELL RICKY D POWELL ROBERT POWELL ROBERT LEE POWELL ROGER A POWELL TIKEYLA L POWELL TONY M POWELL W TRAVIS POWELL GEORGE POWELL JR JAMES P POWELL JR EARL D POWERS ERNEST DEAN POWERS JEFFREY S POWERS JOSEPH P POWERS LLOYD V POWERS DWIGHT A PRAEUNER DOUGLAS G PRAIRIE TIMOTHY K PRANG BRANDON H PRATER MATTHEW A PRATER DENNIS J PRATT RONALD L PRATT STEVEN L PRATT JED A PRAUNER BRIAN M PREDIKA MARK TIMOTHY PRENTICE KEVIN RAY PRESCOTT LISA A PRESCOTT WILLIAM E PRESCOTT III JOHNNY B PRESCOTT JR DARRELL G PRESLEY BILLY P PRESLEY JR JOHN L PRESSLY CHRISTOPHER D PRESTON MICHAEL A PRESTON TIMOTHY M PRESTON EUGENE B PRETORIUS ROBERT B PREVO DONALD K PREVOST CHRISTOPHER K PRICE KERRY B PRICE MELVIN M PRICE JR PEGGY S PRIDMORE JASON M PRIEBE THOMAS M PRIM STEVE D PRINCE CHAD D PRIOR RAYMOND KIM PRITCHARD BOBBY D PRIVETTE SCOTTY R PROCTOR ROBERT M PROIA MARJORIE PRONSCHINSKE RONALD S PROSKINE JAMES C PROSSER TEREYL D PROSSER TIMOTHY BRUCE PROSSER TRACIE L PROSSER CLINTON G PROUGH JEAN E PROUGH RONALD J PROVINES GARY A PRUETT JASON PRUETT CHRISTOPHER I PRUITT ROBERT L PRUITT JACOB J PRUNKARD CRAIG A PRY MICHAEL W PRYOR GWENDOLYN L PTAK MARK W PTAK PAUL E PUFFER JAMES E PUFFER II DEBORAH A PUGH VANESSA K PUGH WILLIAM D PUGH CHRISTOPHER PUIKKONEN ANDRE M PUJADAS JOE DENTON PULLAM II CHARLES M PULLEN CLARENCE PULLIAM WILLIAM E PULVER LESLEY J PURSER S LANCE PURSER CHARLES L PURVIS TIMOTHY J PUTJENTER JOEL W PUTTERS JAWAHARLAL PUVVALA DONALD J PYLE PHILIP R QUATRINO CHRISTOPHER G QUATTRO DANNY C QUEARRY DAVID L QUEARRY KENNETH REX QUERY BRIAN E QUICK CHAD C QUICK FLOYD T QUICK MICHAEL E QUICK SCOTT E QUICK KENT G QUIGLEY DENNIS JAMES QUIMBY MARK DANIEL QUIMBY DOUGLAS R QUINN TIMOTHY J QUINN ROBERT W QUINT EDWIN P QUINTERO REBECCA QUINTON KEVIN D RAATZ GARY W RABEY RONALD G RABON RICK RACKHAM DONALD R RACKLEY JOHN J RADFORD KRISTOPHER B RADKE ROBERT L RAEDEL JONATHAN W RAGAN BHARATH RAI JEWETT D RAINES EMMETT GLENN RAINS JOE COREY RAINS PAUL ANTHONY RALEY SUJATHA RAMACHANDRAN CHRISTOPHER W RAMER DARIN D RAMER DONALD RAMER MATTHEW BLAKE RAMEY ALEJANDRO M RAMIREZ JESUS S RAMIREZ JOEL O RAMIREZ KENNETH D RAMIREZ SALVADOR F RAMIREZ REO T RAMSDELL RICK D RAMSDELL DENNIS J RAMSEY DENNIS V RANDALL WILLIAM D RANDALL CEDRIC A RANDLE MICHAEL A RANDLES SEAN H RANDOLPH BENJAMIN M RANES NICHOLAS M RANGEL CLAYTON D RANTON JAMES R RAPPOLEE ERIKA C RASCOE FRANCIS E RASCOE GREGORY S RASMUSSEN RUSSELL E RASMUSSEN TERRY L RASMUSSEN DARRICK T RATCLIFF RODGERS RATCLIFF DENNIS G RAUSS ROBERT R RAUTENBERG EARL W RAVENELL RICKY RAVENELL JACOB RAVENELL JR CASEY R RAY DAVID G RAY GEORGE EDWARD RAY KEVIN D RAY RONALD D RAY JAMES C RAY II EDWARD L RAYBON GENE D RAYBURN ROBERT L RAYBURN RODNEY L RAYMOND KEITH RAZER MARK RAZOR FRANKIE R READ JR DAVID V READING LARS G REAFLER DONNA L REAMS GENE ALLEN REAMS JACKIE T REAMS II PHILLIP H REASON GERALD J REAUME DAVID G REAVES RICHARD E RECKLING PHILIP C RECORD DEVAIL A REDDIN MICHAEL D REDDIN TIMOTHY W REDENBAUGH THOMAS L REDIGER NEAL WAYNE REDMON PAUL JOSEPH REDMOND TROY S REDMOND ALBERT REECE JR ALAN C REED BRADLEY J REED C SHANE REED JIMMY REED KAREN Y REED KERMIT REED MARK REED MARTY J REED MICHAEL D REED ROBERT S REED ROBERT L REED III ROBERT L REED JR STEVEN REEPS H BRADLEY REES TIMOTHY J REES JACOB I REESE JEFFREY W REESE TIMOTHY L REESE DAVID J REEVES JACKIE D REEVES ROBERT V REEVES JR JERRY L REFNER JEFFERY T REGEL BRADLEY LANCE REID BRYAN F REID JOHN H REID SCOTT A REIDT DAVID A REIFENRATH TERRY L REIGLE SCOTT A REINHARDT DAVID M REINHART JOSEPH P REINHART KEITH A REINIG KEVIN J REINIG PHILIP C REINOEHL TODD E REINOEHL BRUCE D REISSER WAYNE E REISSMANN DANIEL P REKIETA DAVID A REKIETA RAYMOND F REKIETA REGINALD C REKIETA RONALD D REKIETA STANLEY REKIETA JR JENNIFER M RELYEA EDWARD L REMM CECIL M RENFROE CHRISTOPHER H RENFROE DAVID C RENFROW ALLEN G RENFROW SR KENNETH R RENO DONALD D RENTER KATHLEEN M RETHWISCH ELVIN EUGENE REUTER GUY S REVELL COLIE W REVELL JR CHARLES W REVELL SR JAMES R REVELL SR ALLEN REVELLE JOSE REYES MIRIAM REYNOLD BRIAN L REYNOLDS DANIEL L REYNOLDS DARIN L REYNOLDS DAVID L REYNOLDS KENNETH J REYNOLDS STEVE D REYNOLDS THOMAS R REYNOLDS GARY W RHOADS MICHAEL V RHODE BILLY D RHODEN CHARLES L RHODEN CLYDE RHODES DEBORAH RHODES DEREK RHODES EDWARD RHODES JACKIE DALE RHODES JIMMY W RHODES KENNY L RHODES KIRBY W RHODES MICHAEL J RHODES ROGER D RHONEHOUSE BRENDA C RICE DAVID E RICE DOUGLAS E RICE GEORGE A RICE THOMAS RICE TYLER R RICE PAUL D RICE JR DAVID L RICH MICHELE R RICH REX L RICH TIMOTHY P RICHARD JEANINE W RICHARDS JERRY RICHARDS BRETT A RICHARDSON CHAD N RICHARDSON DAVID RICHARDSON DENNIS TYLER RICHARDSON ERIC E RICHARDSON KYLE J RICHARDSON RONALD K RICHARDSON RONALD L RICHARDSON STEVE RICHARDSON TED L RICHARDSON TERRY RICHARDSON WILLIE J RICHARDSON LEROY J RICHART SHAD L RICHART WILLIAM L RICHERZHAGEN JERRY L RICHEY JOHN BRITTON RICHEY JOHN C RICHEY DARVEL G RICHMAN BRIAN L RICHTER HOWARD A RICHTER LATICIA DIANNE RICHTER SAMUEL PAUL RICKETTS TERRY W RICKEY KENNETH RICKMAN JOHN E RICKS JAMES R RIDDICK WILLIAM C RIDDICK JR C P RIDENHOUR JOSEPH M RIDER GARY M RIDGEWAY SCOTT C RIDGEWAY TOBY RIDGEWAY PRESSLEY A RIDGILL JR EDDIE RIDINGS CRAIG S RIEDEL JAYSON A RIEDEL ROBERT RIESS GREGORY A RIFFELL GARY K RIFFLE JR CLAUDE N RIGGIN GERALD A RIGGINS JUSTIN T RIGGINS BRYAN K RILEY DONALD L RILEY JACKIE RILEY MINCESE KERTIS RILEY RICH RILEY SCOTT J RILEY THOMAS H RILEY JR RHETT W RINACA TIMBER RINDERKNECHT RUSS RINEHART HEIDI A RINEHOLD ROGER D RINEHOLD CLINTON THOMAS RINKLE GEORGE CHALMERS RIPLEY DIANE RIPOLL PAUL A RISING ALLEN J RISINGER DANIEL J RISINGER RICHARD T RISNER ROBERT K RISNER BILLY C RISON JILL S RISTER GEORGE A RITCH JASON E RITCHIE JOHN RITCHIE RICHARD A RITTINGER JESSE T RIVENBARK BALTAZAR RIZZO FLOYD M ROACH HERBERT A ROACH RAMON E ROANE CHARLES R ROARKS ERIC S ROBBINS LARRY R ROBBINS PATSY ROBBINS ROBERT D ROBBINS TAMI ROBBINS VERL R ROBBINS HUGH A ROBBINS JR ERNEST A ROBERSON JEREMY ROBERSON WILLIAM C ROBERSON STUART ROBERT FREDERICK CHARLES ROBERTS GEORGE J ROBERTS HERBERT A ROBERTS JAMES M ROBERTS JOHN ALLAN ROBERTS KEVIN L ROBERTS MICHAEL S ROBERTS PAUL D ROBERTS SHELDON ROBERTS STEPHEN J ROBERTS THOMAS J ROBERTS TIMOTHY S ROBERTS WILLIAM D ROBERTS JR COLLEN W ROBERTSON DARRELL J ROBERTSON JERRY L ROBERTSON JOHN B ROBERTSON RANDY L ROBERTSON RUSSELL E ROBILLARD DELORIS R ROBINSON FRANK ROBINSON GERALD ROBINSON HEZEKIAH ROBINSON IAN M ROBINSON JAMES T ROBINSON JEFFREY D ROBINSON JOSEPH S ROBINSON KENNETH D ROBINSON PATRICK ROBINSON PATRICK G ROBINSON ROGER D ROBINSON RONNIE ROBINSON ROY SCOTT ROBINSON SHADD D ROBINSON THOMAS E ROBINSON VONZELL J ROBINSON THOMAS ROBINSON JR JOHN M ROBINSON III BILLY J ROBINSON JR DOUGLAS A ROBINSON JR JAMES ROBINSON JR MARLOW ROBINSON JR JAYSON N ROBISON MILFORD D ROBISON CHARLES W ROBSON GEORGE V ROCHAJR DARRIN M ROCHE JASON P ROCHE MARTHA E ROCHEZ CRAIG S ROCKWELL DAVID L ROCKWOOD JR RICHARD N RODEN RICK L RODENBECK BARY J RODERICK KENNETH A RODES JAMES C RODGERS RACHELLE L RODGERS ROGER B RODGERS BURTON L RODMAN RALPH RODRIGUEZ ESTIVEN RODRIQUEZ GARY ROE PATRICIA K ROE TYLER W ROE CHRISTOPHER T ROEHM WILLIAM R ROENFELDT GEORGE E ROFE ASHLEY C ROGERS BRIAN L ROGERS CHRIS ROGERS DOUGLAS N ROGERS GREGORY P ROGERS JAMES A ROGERS JIMMIE ROGERS MARK A ROGERS MICHAEL L ROGERS SHARON G ROGERS SIDNEY L ROGERS SYLVESTER ROGERS TONY L ROGERS CHARLES H ROGERS JR ROBERT F ROHLEDER MARSHA L ROHRS DAVID T ROKER WESLEY S ROLLINGS PEGGY C ROLLINS PHILLIP M ROLLINS ROBERT ANDY ROLLINS JAMES E ROLOSON JON M ROMANOVICH NICHOLAS A ROMEO DENNIS F ROMICH MICHAEL D ROMICH JUAN J RONCANCIO STEPHEN J RONCSKEVITZ JAMES W RONNER PATRICK A RONSPIES JUDITH D ROOD WILLIAM D ROOD RICHARD W ROOF ROSS D ROOT GREGORY B ROPER THEODORE ROPER DAVID W ROSBERG BARRY L ROSE DAVID ROSE DONALD S ROSE JASON M ROSE JOHN M ROSE MICHAEL ROSE RANDY J ROSE JR THOMAS L ROSEBROCK WALTER D ROSENBAUM BRUCE O ROSENBROCK RUDI J ROSINSKI CHRISTOPHE ROSS DARREN A ROSS JEVON D ROSS JOHN ROSS KRISTIN L ROSS RUSSELL S ROSS KIRK A ROSSMAN MICHAEL R ROTH RICHARD R ROTHERHAM TERRY L ROTHERHAM MITCHELL J ROUGHT ROGER A ROUNDS C TED ROUNDY BRIAN K ROUNTREE MICHAEL RAY ROUNTREE ERICK S ROUSE LYNDON ROUSE STEVEN D ROUSE JOHN C ROUTHIER III JOHN ROWDEN MICHAEL D ROWE WILLIE F ROWE RICKY E ROWELL DAVID E ROWELL JR STEVEN J ROWLAN HERBERT D ROWLAND JR KENNETH W ROWLETT JON D ROWLEY RICHARD Y ROYER DALE W RUARK EUGENE A RUARK JR CHARLES RUBNER CHRISTOPHER N RUCCO LAVEIL RUCKER ANGELA M RUCKMAN JEFFREY N RUCKMAN KERRY RUCKMAN KEVIN J RUCKMAN TIMOTHY RUDDICK CHARLES L RUFFING MARY P RUFFING TIMOTHY G RUGE BRETT A RUGG JOE RUIZ REBECCA A RUIZ SALVADOR D RUIZ SARAH J RUMPFF HARRY L RUMPH IV HERBERT L RUNNELS CHRISTIAN M RUOFF JEFFREY A RUOFF KENNETH RUPIL MICHAEL L RUPPERT JEANNE F RUSH WILLIE R RUSH O’NEAL RUSH JR BEN T RUSHING JERRY D RUSHING WESLEY RUSHING PAUL D RUSSEL BRIAN K RUSSELL CASEY G RUSSELL GENE DILLARD RUSSELL ROMAN L RUSSELL SCOTT A RUSSELL SHARON L RUSSELL MICHAEL STEVE RUSSELL JR JOSEPH A RUTKOWSKI WILBERT E RUTLAND GREGORY A RUTLEDGE NICKIE J RUTLEDGE WESLEY RAY RUTLEDGE CHARLES E RYAN CRAIG LEWIS RYAN DAN W RYAN DONALD E RYAN EDWARD J RYAN JAMES RODNEY RYAN KRISTY A RYAN MICHAEL J RYAN RICHARD H RYAN RICHARD P RYAN STEVEN M RYAN STEVEN J RYNEARSON JOHN P SACCO KEVIN J SACKETT CLEMMON SADLER JERRY E SADLER PETER A SADOSKI LAOHER SAEYANG KYLE P SAKOS ISAIAH SALAZAR JOSE A SALAZAR JAMES K SALE II WILLIAM SALMON JAY DEE SALVESEN MICHAEL J SALVO STEPHEN A SAMASUCK JENNIFER H SAMPSON LEO SAMPSON JENNIFER L SAMUELS DAVID L SAMUELSON TAMI M SANCHEZ CHRISTOPHER AARON SANDERS ERIC D SANDERS GEORGE SANDERS HERMAN SANDERS HERSCHEL L SANDERS JOHNNY F SANDERS KEVIN SANDERS LARRY D SANDERS LARRY E SANDERS MACK SANDERS PAUL M SANDERS RONALD SANDERS MICHAEL T SANDLIN PAUL D SANDLIN TERRY L SANDUSKY BRIAN KEITH SANFORD CHARLES L SANFORD ROBERT O SANFORD JAMES A SANFORD JR FREDERICK O SANGUINETTI RONALD S SARDEN KIM J SARIEGO STEPHEN C SARINE JASON SARRATT JAMES C SARTIN JR MAURICE L SAUNDERS PAUL K SAUNDERS WILLIAM J SAVOIR DERRICK L SAWYER JODY S SAWYER WILLIAM B SAWYER MARTHA L SAXENMEYER GAYLAND C SAYLES JOHNATON P SAYLES JAMES MICHAEL SAYRE SCOTT D SCARBERRY JASON W SCHAAF JOHN J SCHACHTNER KEITH L SCHAECHER PATRICK J SCHAECHER CHRISTOPHER DAVID SCHAFER MARK JEFF SCHAFER JOHN A SCHAFFER MORTON S SCHAFFER ADAM D SCHANBACHER TERRY SCHANFISH FRANK P SCHARICK JR BERNARD H SCHARR WALTER B SCHATT MICHAEL C SCHEDLER LEROY H SCHEIWE WENDELL A SCHELL DANITA M SCHELLPEPER RODNEY A SCHENCK KIMBERLY M SCHENK JACK B SCHERER SCOTT A SCHIEL JAMES J SCHIFFLI DIANE MARIE SCHILLAWSKI JOHN ROBERT SCHILLAWSKI JOSEPH A SCHILPP DAYMON W SCHINBECKLER ROBERT B SCHINDLEDECKER GERALD P SCHIPPERS LYNETTE L SCHLEMMER MARK R SCHLICHTING THOMAS R SCHLICKBERND CHAD M SCHLIE CAROLYN E SCHLOTE CHARLES A SCHMIDT JONATHAN R SCHMIDT JOSEPH A SCHMIDT MARK J SCHMIDT DONALD L SCHMIDT SR JEFFREY A SCHMITT CRAIG A SCHMOLDT RANDEL S SCHNEBEL GARY D SCHNOOR RICKY D SCHNOOR SHAWN J SCHNOOR ROMAN A SCHOCK JAMES L SCHOEN JOHN W SCHOENAUER MURRAY K SCHOMAKER PERI S SCHOMAKER JASON R SCHOOLEY MATTHEW P SCHOOLEY WILLIAM B SCHOPPE NORBERT H SCHORN TONY R SCHRADER VERNON J SCHREMMER CHRISTOPHER J SCHRIMP MICHAEL S SCHROEDER PATRICIA A SCHROEDER THOMAS J SCHROEDER MICHAEL SCHUEREN MICHAEL SCHULLER II DALE M SCHULTE BECKY J SCHULTZ DAVID E SCHULTZ MICHAEL SCHULTZ WALTER E SCHULTZ BRENDA R SCHULZ JAMES L SCHULZ LOUIS E SCHULZ MICHAEL DAVID SCHULZ HERMAN G SCHUMACHER TRACEY L SCHUMACHER JON W SCHUSTER TRACY L SCHUTZ TRENT T SCHUTZA CARL R SCHWABE JAMES G SCHWADER CHRISTOPHER V SCHWARTZ MARK R J SCHWARTZ ROBERT E SCHWARTZ RODNEY L SCHWARTZ RUBEN L SCHWARTZ TIMOTHY M SCHWARTZ TONY M SCHWARTZ WILLIAM L SCHWARTZ DAVID W SCHWEHN JOHN H SCHWEINSBERG JR TALMADGE COOPE SCOBEY JR CASEY R SCOBIE PHILLIP R SCOFIELD JASON D SCOGGINS ADAM E SCOTT BOBBY D SCOTT BRIAN J SCOTT DANIEL A SCOTT DAVID J SCOTT DENISE C SCOTT DENNIS SCOTT EDWARD G SCOTT HAZEL M SCOTT IDA SCOTT JAMES E SCOTT JIM A SCOTT JOE C SCOTT JOHN T SCOTT KENT D SCOTT KYLE D SCOTT MICHAEL B SCOTT MICHAEL L SCOTT MICHEAL NEIL SCOTT MITCHEL F SCOTT RICKEY LEVON SCOTT RUSSELL L SCOTT TROY C SCOTT WILLIAM E SCOTT WILLIE L SCOTT MACELLA SCOTT DAVIS CHARLES E SCOTT SR GARY R SCOTT SR MARK A SCOUTEN BENJAMIN ROSS SCOVEL LESLIE R SCRIVENER KENNETH W SCRUGGS GREGORY E SEAGLE BRENT A SEALS WILLIE SEALS MICHAEL A SEAMANS SETH D SEAMONS GREGORY A SEARING ALAN B SEARS CHAD B SEARS EVERETTE M SEASE PAUL G SEATON JOEY W SEATS JUSTIN SAMUEL SEBRING LAWRENCE HELSON SECOR THOMAS G SEEMEYER BRIAN K SEETON STEVE R SEGARS DUANE I SEGER GARY W SEGER ABRAHAM M SEGOVIA LARRY W SEIBERT JOSEPH P SEKOT MAGDALENA ANNA SEKULSKI CLIFFORD L SELDERS DAVID W SELF SCOTT E SELF BOBBY D SELLARS ANTONIO D SELLERS CHARLES SELLERS TOMMY J SELLERS PERRY B SELLERS III CLAYTON R SELLIN TODD M SELLIN KEVIN SELLS RANDALL L SELMAN PHILLIP M SEMRICK WALTER SENENKO CARLOS SEPULVEDA SAMUEL PAUL SERATT JR WILLIAM C SERES CHRISTOPHER D SERING KENNY SESSOMS PANDIAN SETHURAJ ROBERT B SEVERANCE NICHOLAS L SEVERNS PHILIP W SEVERSON JEREMY SEWARDS JUSTIN B SEXTON SCOTT E SEXTON DUANE L SEYL THAD D SEYL CHRISTOPHER G SEYMOUR WAYNE MICHAEL SEYMOUR SHELDON J SHADY STANLEY H SHADY PATRICIA A SHAFER ROBERT A SHAFER MARK D SHAFFER RICKY J SHAFFER KARL J SHAMLEE ROBERT K SHANKLES NASIR A SHARIEFF RIDGELY W SHARIETT DHARAM SHARMA EMMA K SHARP QUINTIN F SHARP ROBERT SHARP CRAIG E SHARPE MICHAEL D SHARRAR KURT A SHATTO JAMES W SHAVER FREDRICK R SHAVERS AARON D SHAW BARRY K SHAW HAROLD D SHAW JAMES SHAW JAMIE R SHAW JIMMY E SHAW RUSSELL L SHAW SHAUN SHAW CHARLES W SHAY CHARLES E SHAY III ANTHONY A SHEARER HARRY B SHEARIN III JAMES A SHEBLE DOUGLAS R SHEFFER ELVIN J SHEFFIELD JAMES BURTON SHELL BUSTER E SHELTON J TRAVIS SHELTON JAMES SHELTON JOHN D SHELTON JONATHAN B SHELTON JOSHUA W SHELTON KEITH A SHELTON LEE P SHELTON LOYD G SHELTON MICHAEL R SHELTON NATHAN SHELTON SANDRA M SHELTON DANIAL D SHEPHERD DAVID W SHEPHERD EDWARD SHEPHERD WILLIE SHEPHERD ALVIN SHEPPARD RICKY W SHEPPARD WILLIAM F SHEPPARD MICHEL R SHERIDAN FORREST MAJOR SHERMAN RAVON SHERMAN PATRICK C SHERWIN PHILLIP L SHERWIN MAX T SHERWOOD WILLIAM D SHERWOOD DAVID SHIELDS THOMAS A SHILLEY CHRISTOPHER M SHINSTOCK DAVID S SHIPLEY KEVIN C SHIPMAN SR PATRICK S SHIPP DAVID P SHIREMAN CRAIG O SHIREY JAMES D SHIRKS CARLA S SHISLER BRIAN L SHIVELY RICKEY L SHIVELY JOSEPH C SHIVERS TOM LEE SHIVERS WILLIAM H SHIVERS CURTIS R SHOAF STEVEN S SHOEMAKER PERRY R SHOEMAKER III CURTIS DALE SHOEMAKER JR DANIEL C SHOLES ANTHONY V SHOLL DIANNE E SHORT JAMES SHORT ROBERT D SHORT SCOTT G SHORTRIDGE SHARON SHOULDERS TOMMY E SHOUP WILLIAM SHOUSE KEVIN W SHRADER JAMES R SHUBURTE MICHAEL L SHUEY DERRICK J SHULER ROBERT SCOTT SHULER GREGORY W SHULL RICHARD L SHULL BRIAN B SHULTZ EDWARD D SHULTZ JEFF L SHULTZ TIMOTHY A SHUMAN DAVID SHUMATE DOUGLAS EWAN SIDDALL JEFF A SIDES ROBERT E SIDES RICK G SIEFERT JEREMY R SIERS LOREN L SIEVERS JONATHAN M SIGMON JUSTIN L SIKMA RUSSELL L SILA MARC SILBERBERG BRIAN J SILHACEK CAROL J SILHACEK KEITH D SILHACEK EVELYN SILVA JOHN F SIMEONE SARA K SIMERAL ALVIN V SIMMONS GARY W SIMMONS JASON S SIMMONS JESSE S SIMMONS JOSEPH R SIMMONS KENT ALLAN SIMMONS MARK A SIMMONS PATRICIA A SIMMONS WENDELL A SIMMONS WILLIAM J SIMMONS ALEX K SIMMONS JR VIRGIL SIMMONS JR MELVIN SIMON KATHI J SIMONS THOMAS W SIMONS BOB P SIMONSEN BRAD A SIMONSEN ERIC SIMONSEN KENNETH E SIMPER AUNDREA SIMPSON BERT M SIMPSON DAVID N SIMPSON HENRY M SIMPSON JAMES R SIMPSON JEROME SIMPSON RANDALL J SIMPSON RICHARD S SIMPSON STEVEN K SIMPSON TIMOTHY G SIMPSON WAYLON K SIMPSON CHAD D SIMS DAVID M SIMS DEWEY SIMS EDDIE R SIMS J R SIMS ROBBIE J SIMS SHANE T SIMS WILLIAM R SIMS JOHN HOWARD SINCERBEAUX JAMES J SINEATH III CARL BRANDON SING RICHARD L SINGLETARY TERRY J SINGLETARY JEFFREY A SINGLETON LEROY D SINGLETON ROBERT L SINGLETON TIMOTHY E SINGLETON WILLIAM SINGLETON WYVONIA SINGLETON LEAH B SINNET G THOMAS SINNET II JOHN F SIPPEL MELANIE M SISK JAMES DAWAYNE SITTON AARON R SIZEMORE TERRA C SIZEMORE RANDY C SKAGEN ROBERT J SKALBERG FRANK ANDREW SKARDINSKI JERRY M SKEELS MONTE D SKEELS RUSSELL R SKEEM MARK T SKELCHER FOY E SKELTON BIRCH K SKINNER BRAD S SKINNER BROCK S SKINNER HEATHER SKINNER JAMES T SKINNER MARSHA A SKINNER STACEY T SKINNER STEVEN E SKROBISZEWSKI BOBBY SLABAUGH MARY EMILY SLATE IVAN W SLATTER JASON T SLAUGHTER MARVIN Q SLAUGHTER CHAD M SLAVENS NATHAN T SLAVENS RYAN DAVID SLAVENS THOMAS J SLAVENS RICK L SLAWSON STEPHEN R SLESINSKI CATHY D SLIGER JOSEPH JOHN SLIWKA DERRICK U SMALL MICHAEL S SMALL KEITH W SMALLEY MICHAEL A SMALLEY CURTIS SMALLS KAREN M SMID ROBERT W SMID HERBERT SMILING ALLAN M SMILLIE A DENISE SMITH ALAN R SMITH ALEXANDER SMITH ANDREW S SMITH ANNA M SMITH ANTHONY L SMITH BARRY E SMITH BENJAMIN SMITH BETTY SMITH BILLY J SMITH BRAD L SMITH BRANDON K SMITH BRETT SMITH BRIAN SMITH BRIAN W SMITH BRYAN L SMITH CAROLYN D SMITH CAROLYN H SMITH CHARLES SMITH CHIP J SMITH CHRIS SMITH CHRIS T SMITH CLAYTON C SMITH CLINT T SMITH CONNIE S SMITH CRAIG A SMITH DANIEL L SMITH DAVID ALVIN SMITH DAVID L SMITH DAVID R SMITH DEIDRE L SMITH DELMAR L SMITH DERRICK SMITH DERRICK D SMITH DONALD D SMITH DONZELL A SMITH EVAN ANDREW SMITH FRANK SMITH FRED SMITH GARTH SMITH GEORGE W SMITH GLENN W SMITH HOWARD M SMITH JAMES SMITH JAMES E SMITH JAMES G SMITH JAMISON R SMITH JANICE G SMITH JASON A SMITH JASON C SMITH JASON D SMITH JAY C SMITH JEFFREY SMITH JEFFREY ALLEN SMITH JENNIFER SMITH JERRY J SMITH JERRY W SMITH JIMMIE SMITH JODY E SMITH JOHN D SMITH JUSTIN CLAY SMITH KAREN SMITH KAY F SMITH KEVIN R SMITH LARRY J SMITH LARRY BRUCE SMITH LEONA SMITH LINDSAY R SMITH LUCAS SMITH MARK A SMITH MARK H SMITH MARVIN L SMITH MATTHEW T SMITH MATTHEW W SMITH MICHAEL A SMITH MICHAEL D SMITH MICHAEL J SMITH MICHAEL P SMITH MICHAEL S SMITH MICHAEL T SMITH MICHAEL W SMITH NICHOLAS E SMITH NORMAN L SMITH PAUL L SMITH PAUL W SMITH RANDALL C SMITH RAY E SMITH RAYMOND R SMITH REED H SMITH REGGIE A SMITH RICHARD CHARLES SMITH RICKEY SMITH ROBERT A SMITH RODNEY C SMITH RODNEY E SMITH ROGER SMITH ROGER A SMITH ROGER P SMITH RONALD B SMITH RONDA K SMITH RONNIE T SMITH ROOSEVELT SMITH RUSSELL G SMITH SAMMY L SMITH SAMMY L SMITH SCOTT SMITH SHELBY D SMITH SHERRY C SMITH SHERRY D SMITH STANLEY W SMITH SUSAN SMITH TED C SMITH THOMAS SMITH THOMAS J SMITH THOMAS L SMITH THOMAS R SMITH THOMAS R SMITH TIMOTHY A SMITH TIMOTHY D SMITH TIMOTHY J SMITH TIMOTHY W SMITH TONY W SMITH TROY T SMITH UNTON LUMONT SMITH W L SMITH WALTER H SMITH WILLIAM CURTIS SMITH
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WILLIAM D SMITH WILLIE SMITH ARTHUR W SMITH III LEWIS H SMITH III LEONARD A SMITH JR RICHARD L SMITH SR BRIAN ALAN SMITHART DONALD B SMITHWICK DOUGLAS E SMITHWICK JAMES H SMOAK DEAN E SMOLL DEDRICK SMOTHERMAN SCOTTY L SMOTHERS RICK L SMUTNY WILMA SNEED JIMMY SNELL DAVID A SNELLENBARGER MICHAEL A SNELLING TYLER R SNELLING FETIMA G SNIDER JOEL D SNIPES JAMIE J SNODGRASS STEVEN P SNODGRASS ROBERT E SNOOK KEVIN SNOW WILLIAM J SNOW STEPHEN B SNOWDEN BRIAN K SNYDER DALE W SNYDER EDWARD S SNYDER JEFFREY A SNYDER JOSEPH J SNYDER MARY C SNYDER REX A SNYDER STEVEN P SNYDER DARYL J SOARES EMILE L SOFFNER SCOTT J SOHL TODD R SOHL THOMAS J SOJKA CAROL E SOKOL KEVIN J SOKOL JOHHNY L SOLIS RAFAEL F SOLIS BARRY T SOLOMON JOSEPH ALEXANDER SOLOMON MELVIN D SOLOMON ANTHONY J SOMMER JOEL D SOMMER JEFFREY J SOPO CARY SORENSEN DEBRA SORENSEN JARED L SORENSEN LAYNE C SORENSEN LYNN C SORENSEN MISTY M SORENSEN WILL D SORENSEN BRENT SORENSON DARIN L SORENSON ROMMEL SORIANO DONALD D SORTOR DAVID B SOSH DAVID J SOSINSKY SCOTT D SOUDERS ANDREW L SOULIGNE STEVE SOUTHARD STEPHEN DALE SOUTHARD II WILLIAM B SOUTHER ANNA SOUTHERN DANA L SOUTHERN JOE C SOUTHWOOD AARON E SOVEREIGN COLLEEN K SOWDERS DAVID G SOWELL JESS SOWERS EDWARD A SOWLES BLAINE H SPACKMAN DENNIS J SPADER ROBERT C SPAIN JOHN W SPANGLER ROBYN A SPANN SHAWN T SPANO RICHARD K SPARGER JR DUANE SPARKMAN NATHAN ALLAN SPARKS ROBERT D SPARKS JR JAMES R SPEARS DAVID L SPEED JEFFREY S SPEER PAMELA J SPEIDEL AMBER S SPENCE CASEY B SPENCE M L SPENCE ROBERT E SPENCE SANDRA L SPENCE DONALD R SPENCER DOUGLAS A SPENCER KELLEY B SPENCER MICHAEL W SPENCER ROBERT L SPENCER KEVIN L SPETH DANNY R SPICER TIMOTHY A SPIEGEL KELLY D SPIKES WILLIAM L SPINKS III STEVEN T SPIRES JAMIE R SPIVEY WILLIAM L SPIVEY STEVEN J SPONHOWER JUDITH L SPRAGUE LARRY G SPRAGUE GREGORY L SPRAYBERRY WAYNE V SPREITZER WILLIAM L SPRINGBORG CLARENCE P SPRINGER JEFFREY L SPRINGER LARRY J SPRINGER ANN G SPRINGS JAMES T SPRINGS WANDA E SPRINGS ROBERT L SPRUELL WILLIE SPURLOCK CHRIS X L ST AMAND BRANDON C STABBS DAVID L STACKHOUSE BONITA L STACY DOUGLAS W STACY MARSHALL R STADLER ANTHONY H STAFFORD CASEY A STAFFORD JAMES L STAFFORD RONALD W STAFFORD THOMAS F STAFFORD THOMAS M STAFFORD VICTOR B STAFFORD II KIM R STAGGS BRIAN STAHL DAVID R STALCUP LOU ANNA STALCUP TERRELL STALEY MICHELLE F STALLARD BILLY R STALLINGS LYNN SUZANNE STALLINGS MICHAEL D STALLINGS RONALD E STALLINGS BRETT T STALNECKER DARRIN L STALNECKER ROGER D STAMEY FLOYD E STANDRIDGE KAREN E STANEK MARIUSZ G STANIECKI JAMES H STANLEY MICAHEL STANLEY STEVEN R STANLEY JAMES C STANLEY JR MICHAEL L STANPHILL EARL D STANSBURY JAMES R STANTON DANIEL FREDRICK STANTON SR SHIRRI S STANTZ PAUL THOMAS STAPLETON ALAN J STARK CASEY R STARK RAYMOND H STARK BERNARD JOE STARK JR MARK A STARNES LINDA M STARR MARIA L STARR ROBERT W STAUB ALLEN E STAUFFER DAVID A STAUFFER DIRK A STAUFFER JAMES R STEARMAN DOUGLAS F STEBBING SCOTT L STEBBING RYAN R STECKELBERG ORAL A STEED BRYAN STEEL BARRY STEELE CHARLES W STEELE SILAS P STEELE WILLIAM M STEEN CHARLES B STEGALL CURTIS W STEGER LANCE J STEIGER LAURENCE F STEIGER AARON DALE STEIN ASHLEY D STEIN CARSTEN STEINER JOHN D STEINKAMP ELMER STEINLICHT DAVID P STEINMETZ JOHN W STELL JOHN C STEMANN RAYMOND R STENDER ROGER F STENDER ROBERT STEPAN CHAROLETT D STEPHENS CURTIS L STEPHENS DONALD L STEPHENS GARY D STEPHENS GERALD T STEPHENS JONAH D STEPHENS JOSEPH D STEPHENS RICKY A STEPHENS SHAY D STEPHENS SHERRY D STEPHENS TIMOTHY S STEPHENS KENNETH C STEPHENSEN GEORGE STEPHENSON WILLIAM D STEPHENSON CHARLES W STERIS JASON DEWAYNE STEVENS MARK STEVENS MICHAEL C STEVENS RHONDA M STEVENS ROBERT K STEVENS STABBY L STEVENS HAROLD V STEVENS JR GARY D STEWARD V LANCE STEWARD GARY R STEWART JAMES STEWART JAMES B STEWART JAMES NATHAN STEWART JOHN W STEWART JOSEPH H STEWART LONNIE D STEWART REGINALD STEWART SHAWN P STEWART STEVEN A STEWART THOMAS A STEWART TY D STEWART WALTER STEWART DANIEL L STIDHAM TOMMY H STILES CLAUDIA R STILL JONATHAN R STILL SHARRON L STILLMAN WILLIAM A STILWELL JR JAY E STIMPSON C W STINNETT RAY F STINNETT BRIAN T STITES RICK A STIVER JEFFREY L STOBAUGH WILLIAM JOSEPH STOCK KENNETH J STOCKS DOUG J STODDARD DONALD STOFFEL ALPHONSO E STOKES CHRISTOPHER LD STOKES GEORGE D STOKES JOHN G STOKES LORIANN STOKES MICHAEL L STOKES NICHOLAS S STOKES DAVID R STOLP KENNETH G STOLP J DEREK STOLTZFUS CALVIN STONE CLINTON R STONE DENNIS W STONE ERIC M STONE HAROLD O STONE JEFFERY STONE JEREMY STONE LOIS E STONE ROBERT J STONE TIMOTHY A STONE WILLIAM B STONE NEAL C STONEBACK DANIEL M STOOPS DAVID A STOOPS GARY L STOOPS PAUL W STOOPS DAVID S STOREY JIMMIE L STOREY MICHAEL K STOREY ROBERT R STOREY JERILYN K STORM MARK T STORNELLI ROGER D STORY PHILLIP N STOTT VICTOR M STOUDEMIRE RODNEY T STOUT STEPHEN D STOUT DAVID CRAIG STOVALL RONALD L STOVALL STEVEN A STOVER CHRISTOPHER A STOW CHRISTIAN M STRABALA ROY D STRACENER MICHAEL J STRACHAN LARRY E STRAKA ROBERT STRANG JR MARK E STRATHERN SUSAN D STRATHMAN R JOSEPH STRATMAN ROGER E STRAUBINGER ROSS E STRAUBINGER MICHAEL R STRAUGHN BOB L STRAWN CAMERON S STRAWN JEFFREY L STRAWN JEFFREY LLOYD STRAWN JR LEELAND STRBAN SHAUN D STREETER GLEN STREETMAN SARAH JANE STREICH BURL A STRICKLAND GENE STRICKLAND PATRISE STRICKLAND RON B STRICKLAND WILLIAM E STRICKLAND MICHAEL LEE STRICKLIN CLINTORICE STRINGFELLOW DANA C STROCK LYNN E STROCK GARY E STRODTMAN RONALD L STROHKORB JR CHRIS G STROHM JEREMY C STROHM DONALD F STROM JOHNNY B STRONG KENT D STRONG LEON L STRONG PATRICIA D STRONG RYAN G STRONG SHEILA N STRONG ARTHUR D STRONG JR GREGORY L STROUD R C STROUD BRYAN J STROZIER VALORIE L STRUNK MICHAEL R STUART DANA M STUBBEN GARY STUBBLEFIELD DONALD E STUCKEY JAMES STUCKEY MICHAEL R STUCKEY LAURA C STUCKI G WAYNE STUDEBAKER DANIEL R STUDLEY BARRY L STUEVE LILLIAN C STUHLMAN CHRIS A STURGEON WARREN L STUTHMAN BARRY K STUTTS DANNY W STUTTS JARED A STUTTS DENISE H STYLES JOSEPH R STYONS JIMMY S SUAREZ JOHN G SUAREZ MARVIN SUBER DANIEL E SUCKOO GARY L SUCKSTORF W D SUDDARTH JACK S SUELL RUSSELL W SUGGS WILLIAM L SUKUP DAVID A SULC PAUL SULLINS BENTLEY SULLIVAN GORDON MICHAEL SULLIVAN JIM A SULLIVAN ROBERT DOUGLAS SULLIVAN JAMES E SULLIVAN JR EDWIN D SUMMERS JEREMY S SUMMERS THANE ELDON SUMMERS DAVID A SUMOSKI WEIPING SUN DANIEL L SURFACE ROBERT W SURFACE SCOTT A SURFACE STANLEY RICHARD SUROWIEC ANTHONY CHARLES SUSLIK RONNIE W SUTER KEVIN L SUTHERLIN GEORGE D SUTTER CHRISTOPHER N SUTTON MARCUS L SUTTON PAUL D SUTTON RONALD C SUTTON WILLIAM LEE SUTTON JERRY SVEC JR TERRY J SVIK DIANE L SVITAK DONALD G SVITAK JULIE K SVOBODA KEVIN D SVOBODA GERALD L SWAIN MICHAEL RAY SWALLOW ROGER E SWANER DUSTIN L SWANK MICHAEL A SWANK EDWARD ANDREW SWANN II CHRISTY O SWANNER PAUL A SWEARINGEN GARY SWEATMAN MARTA J SWEEK TRADD L SWEENEY JOHNNY SWEET STEPHEN J SWEET RICHARD E SWEETMAN JR BRIAN L SWICK JOSEPH M SWICK ROBERT G SWICK KYLE J SWIM THOMAS ELLIS SWIMS STEPHEN G SWINDLE JIMMY J SWINFORD CARLA J SWING JOSEPH A SWING JR RONALD R SWOBODA JERRY D SYKES GARY E SZERMETA RANDY J TACKETT KEITH DENTON TAGGART JAMES R TALADA DONALD W TALBERT WILLIAM A TALBERT WILLIAM C TALBERT DARRELL J TALLEY RUSSELL G TALLEY JEROME E TANN COLLEEN TANNER LEON D TANNER LUTHER R TANNER LUTHER R TANNER JR FREDIE J TAPP JEFFREY D TAPP MICHAEL A TAPP CHRISTOPHER P TARBY BOBBY D TARLTON TAB D TARLTON SCOTT VAN TARPLEY DAVID M TATAR MARVIN L TATE ROBERT TATE ROBERT D TATE TOMMY F TATUM WILLIE J TATUM JOHN W TAUBE ANTHONY D TAYLOR BENJAMIN S TAYLOR CHRISTOPHER P TAYLOR DENNIS J TAYLOR DERRICK TAYLOR EUGENE TAYLOR GEORGE E TAYLOR GREG A TAYLOR ISAIAH TAYLOR JAY B TAYLOR JAY BEN TAYLOR JEB S TAYLOR JW TAYLOR MELVIN L TAYLOR MICHAEL E TAYLOR MICHAEL L TAYLOR MICHAEL R TAYLOR R SCOTT TAYLOR ROBERT J TAYLOR ROBERT V TAYLOR ROGER G TAYLOR SONNY L TAYLOR STEVEN RANDALL TAYLOR TERRY L TAYLOR EDWIN G TAYLOR II EDWARD LEE TAYLOR JR GARY W TAYLOR JR DONALD Y TAZOI JONPAUL E TEAGER CLAYTON D TEAGUE DARREN TEBO MICKEY R TEDDER STEPHEN M TEDDER MAJOR H TEDDER JR ERIC L TEETER G ANTHONY TEETER KIRBY JOE TEETER TROY A TEETER DERREN A TEIXEIRA ANDRE’ M TELFAIR FLEM D TEMPLEMAN DAVID E TEMPLETON HENRY A TENNENT III JASON R TERNUS KEVIN A TERNUS NANCY K TERRILL DANIEL L TERWILLEGER MAHARI DEBBAS TESFAI MICHAEL M TETEN BRIAN J THARP JOE A THARP JAMES O THAXTON MICHAEL S THAYER STEVEN H THAYER ROBERT F THAYNE JAMES G THEISEN PAT L THEISEN JEROME M THIEL JOY THIELE DAVID C THIES DONA J THIES RONALD L THIRLWALL BARRON C THOMAS BOBBY THOMAS BRUCE J THOMAS CHARLES E THOMAS CHARLES M THOMAS CLINT D THOMAS CLINT J THOMAS DANIEL C THOMAS DAVID E THOMAS DONNA M THOMAS DUANE R THOMAS ERIC D THOMAS JAMES M THOMAS JAMIE D THOMAS JEFFREY L THOMAS JOHN THOMAS JOHN C THOMAS JOHN JOSEPH THOMAS JOHN W THOMAS JOHNNIE B THOMAS JORDAN THOMAS JOSEPH THOMAS KIMBERLY THOMAS MARK A THOMAS MARLYNN B THOMAS MICHAEL H THOMAS MICHAEL R THOMAS RICHARD A THOMAS SHANE R THOMAS STEVE E THOMAS STEVEN W THOMAS WALTER J THOMAS ARCHIE L THOMAS JR ERIC D THOMAS JR STACEY L THOMPKINS ALVIN J THOMPSON BRYAN E THOMPSON CHRIS R THOMPSON DANIEL B THOMPSON DAWN G THOMPSON DUANE A THOMPSON EBEN A THOMPSON ERIC L THOMPSON GLENN A THOMPSON JAMES V THOMPSON JERRY W THOMPSON JOYCE M THOMPSON JUSTIN E THOMPSON KENNY J THOMPSON LARRY THOMPSON LEANARD C THOMPSON MARGARET F THOMPSON MICHAEL THOMPSON ROBERT E THOMPSON SHAWN W THOMPSON STANLEY C THOMPSON STANLEY HEATH THOMPSON SUSAN K THOMPSON TALMADGE THOMPSON V J THOMPSON WARREN THOMPSON WILLIAM H THOMPSON WILLIAM THOMPSON JR BILLY GRANT THORN SAM L THORNAL JESSICA THORNLEY NEIL THORNLEY BRYAN C THORNTON BRYAN K THORNTON DAN THORNTON JASON M THORNTON FREDERICK EARL THORP GARY J THORPE JAMES THORPE MARTIN D THORPE ROBERT S THORPE ANTHONY K THRASH RODNEY J THRASHER PAUL F THUNKER LYNN J THURSTON TRAVIS J THURSTON GARY TIEDGEN JEREMY TIEDGEN MARCUS J TIEDTKE LEE L TIFFANY MITCH TIFFANY JAMES W TILBURY NICOLA S TILBURY CHERYL L TILL RAY MATTHEW TILLER CLAYTON C TILLEY TOMMY A TILLMAN RICHARD A TILLOTSON TRAVIS Y TILMAN CORY L TILSON MIKE TILSON LANCE C TIMBERLIN RAYMOND L TIMMERMAN KEITH W TIMMERMAN JR DARLENE B TIMMONS JESSE L TIMMONS WILLIAM E TIMMONS JR CHARLIE J TINDALL SHELDON N TINGEY ERIK J TINKER JASON C TINNEY JIMMY M TINSLEY JAMES L TIPLER TIMOTHY A TIRABASSI LAURICE D TISDALE III PHILLIP A TITLER BRANDON R TITTLE JON M TITUS STACY L TJADEN SIOLOTULI L TOAETOLU AARON W TOBECK CHARLES E TODD CRAIG J TODD LEONARD TODD MICHAEL S TODD CHRISTOPHER A TOKARZ JAY TOLMAN SUZANNE TOLMAN RONALD T TOLMER BLAKE E TOLSON PAUL TOLSON JR ANDREW J TOM KENNETH E TOMB MICHAEL W TOMLIN JAMES E TOMPKINS MATTHEW R TOMPKINS LEON J TOPALIAN BRIAN M TOPE CHRISTOPHER S TOPPING JOHN L TORMANEN ROBERT S TORRENCE JERRY TORREZ PETER A TORTORICI TERRY LYNN TOTTY TONY N TOUSIGNANT PAUL A TOWERY M S TOWLES TOMMY TOWLES DWIGHT D TOWNSEND SCOTT ANDREW TRACY CRAIG A TRAMMEL CUONG Q TRAN SEAN MICHAEL TRANI LINDA M TRAPP GLENN LEROY TRAUGHBER LEVI K TRAUTMAN DERRECK D TRAVERS WADE A TRAVIS TIM L TRAYLOR MICHAEL F TRAYNERE CRAIG M TREADWAY JEFFREY A TREADWAY CLINT W TREASE J SCOTT TREECE LEROY L TREESH RYAN S TREESH TODD L TREESH CHRISTOPHER A TRESSLER JERRY TRIBLE LAWRENCE TRIM JR BRIAN J TROCANO THOMAS P TROLSON JEFFERY L TROTMAN JOSHUA K TROTMAN GREGORY L TROUT KATHERINE LEIGH TROUT MELISSA M TROUT WILLIAM J TROUT TODD D TROWBRIDGE RAYE ANN TROXEL DAVID M TRUDEAU JACK L TRUDEAU MELODY J TRUDEAU JACK D TRUEBLOOD III MICHAEL A TRUELOVE DONALD ROBERT TRUFANT BRYSON TRUMBLE MARK S TRUSTY GORDON H TRYON III ISABEL TRYTHALL TAUVAO TUALA TONY R TUBBS BYRON TUCKER CHARLES JOSEPH TUCKER CHRISTOPHER R TUCKER GREGORY J TUCKER JERRY S TUCKER JOE A TUCKER JOSEPH E TUCKER LONNELL TUCKER PATRICIA TUCKER RANDY GLENN TUCKER ROBERT H TUCKER TODD E TUCKER JOE C TULLOS SHANNON TULLOS JOSEPH S TUREK JOHN A TURK MICHAEL W TURNAGE JOHN TURNBOW ANGELO A TURNER BYRON K TURNER CARLOS T TURNER CLIFFORD A TURNER DALE TURNER DAVID S TURNER DAVID W TURNER EMMETT H TURNER EVELYN S TURNER JAMES N TURNER JAYMIE DANIEL TURNER JERRY TURNER KEITH A TURNER MAURICE TURNER RAY L TURNER SCOTT A TURNER STEPHEN LARRY TURNER TAMMY S TURNER TIM R TURNER JIMMY N TURNER JR ZACHARY L TURNER SR WAYNE DEAN TURNEY JOHN H TURNIPSEED JOHN C TUROSE NORMAN L TUTTLE DARWIN L TWEEDY LANA S TWEEDY LARRY D TWEEDY ROBERT JOHN TWIGG BENJAMIN D TWINE DAVID W TYLER STEPHEN J TYLER ALFRED R TYNER JR JAMES O TYNER JR DAVID A TYO TOMMY L TYO MARY B TYSON DUSTY UDY EILEEN D UDY REESE N UDY TRAVIS L UDY WESLEY D UDY ALLAN W UETTWILLER DANIEL J UHING BRETT M ULLOM LOREN R ULRICH WILLIAM R ULRICH JAMES M UNDERWOOD KEVIN J UNDERWOOD MONIKA H UNDERWOOD NEIL UNDERWOOD RICK L UNDERWOOD RICKEY WAYNE UNDERWOOD WYATT UNDERWOOD DANIEL J UNGER MICHAEL S UNGER TOM J UNGER ERIC S UPLINGER AMY C UPP THOMAS W UPSHAW STEVEN M UPTON D CHAD UTERMARK LOWELL G UTTECHT SCOTT M UYEMATSU PHILLIP VADEN JERRY A VALECKO JADE C VALENTINE RALPH E VALENTINE MICHAEL A VALLADARES CEDRIC F VAN BUREN JOHN E VAN GIESSEN WALTER J VAN LUE JR JAMES H VAN NATTER TODD W VANATTA EDYTH F VANCE KELLY J VANCLEAVE CRAIG VANDERFORD PAUL VANDERKOOI MARY J VANDERPOOL RODNEY S VANDERSTELT WALLACE JOHN VANDUSEN RUSSELL VANDYKE MARK W VANDYKEN DAVID L VANGALDER MATTHEW D VANGALDER DERRYCK T VANISH WILLIAM MARK VANN DALE A VANOSDALL KEITH E VANRIPER PAUL CHARLES VANSCOYK TERRY L VANSCOYOC MARTIN A VANSLAGEREN PATRICK MICHAEL VANSLYKE IRA KIP VANVALKENBURG JOHN R VANVALKENBURG JAMES W VANVLEET ROBERT M VANVLEET STEVEN J VANVLEET DUSTIN D VANZILE DENNIS E VARVEL JR GARRY D VARWIG JOSEPH D VASQUEZ PHILLIP H VASSALLO ALAN E VASSAR JERRY W VASSAR PHILLIP N VASSAR PHILLIP R VASSAR WILLIAM W VASSAR DAVID CHARLES VAUGHAN JASON VAUGHAN MIKE W VAUGHAN BILL M VAUGHAN II DARRELL D VAUGHN JEFFREY VAUGHN JERRY J VAUGHN PATRICK L VAUGHN ROBERT WAYNE VAUGHN ROGER DOYLE VAUGHN KATHY A VAUGHT GLEN A VAUSE ARTURO VAZQUEZ RICHARD B VEAL KAREN F VELASCO SEFERINO VELAZQUEZ DONALD V VENABLE GORDON R VENABLE ROGER L VENABLE DAVID A VENSEL DAVID JOSEPH VERDI ARLENE G VEREEN M SHANE VERNON LAWRENCE L VESELY RONALD J VESKRNA DANIEL B VESTAL ROBERT J VICHKON KEITH D VILDERS JOSE R VILLARREAL U ANTONIO VILLARREAL JESSIE S VINCENT STEVEN L VINCENT WAYNE VINCENT PAVEL P VINICKY JAMES D VINSON JR LYNN A VIOX SCOTT A VIPOND STEVEN RUSSELL VIROSTKO KEVIN J VOECKS LARRY L VOECKS GERALD I VOGEL JAY D VOGEL ROBERT T VOGEL STEVEN M VOGEL TYRONE J VOGEL RONALD ROWDY VOILS JERI L VOLK RONALD J VOLK ERNEST M VOLKMAN CHARLES D VOLQUARDSEN BRADLEY S VONASEK ROBIN L VONDRAK DEANNE L VORNHAGEN BRADLEY ZANE VOSS GARY D VOSS LAWRENCE J VOTRUBA DARIN R VOUGH DAVID G VOUGHT MARK J VRBKA JAMES R VREELAND JAMES F VUILLEMOT DOUGLAS J VYHLIDAL NANCY JEAN WABY RAY WACHEL CLAUDE WES WADDELL J K WADDELL PAUL W WADDELL SONYA CATHY WADDELL GREGORY EUGENE WADE R SCOTT WADE CLARENCE W WAGNER DON E WAGNER LEON A WAGNER MICHAEL M WAGNER NORMAN E WAGNER SCOTT J WAGNER SHIRLEY DALE WAGNER STEVEN S WAGNER TIMOTHY WAGNER DAVID J WAGNER JR JEFFREY C WAGONER JOHN C WAINWRIGHT JAMES J WAITE MATTHEW D WAITE VUYANI S WAKABA JEFFREY A WAKEFIELD JAMES R WALDIE IV BOBBY J WALDING CRAIG M WALDRON ROBERT J WALDRON JAMES F WALDROP KELLY WALDVOGEL A FRANK WALKER ADAM WAYNE WALKER CHRISTOPHER S WALKER DAVID M WALKER DONALD P WALKER EDDIE WALKER GREG B WALKER HOUSTON A WALKER I C WALKER JOE D WALKER JONI H WALKER JOY H WALKER KENNETH WALKER KRIS S WALKER KRISTIN R WALKER MARC S WALKER MARCUS B WALKER MARILYN WALKER MARK D WALKER MCARTHER WALKER MICHAEL WALKER MICHAEL D WALKER MICHAEL P WALKER PAUL T WALKER REX A WALKER ROBERT C WALKER SAM E WALKER STANLEY L WALKER STEVEN M WALKER SUVELLA WALKER THOMAS E WALKER TRENDLE M WALKER RAYMOND WALKER III MICKEY C WALKER JR MONICA WALKER-BENBOW CARL WALLACE CHARLES W WALLACE CHARLOTTE H WALLACE EDWARD T WALLACE JOHN A WALLACE KEITH A WALLACE LYNN A WALLACE ROBERT H WALLACE STEVE M WALLACE TIMOTHY N WALLACE HOWARD J WALLACE III MICHAEL ERIC WALLACE JR GARY M WALLER ERNEST WALLING FLOYD E WALLING JR CHARLENE WALLIS THOMAS D WALLIS ROBERT L WALLOCH KENNETH R WALLS PAUL WALLS WILLIAM E WALLS JR JAMES EDWARD WALMSLEY MICHAEL S WALQUIST MICHELE A WALTENBERGER DOUGLAS A WALTER MARK E WALTER DANIEL L WALTERS TOMMY WALTON JOHN J WANDELL RANDY L WANNER ALAN W WARD ANNETTE H WARD BRIAN A WARD DONALD R WARD ELIZABETH J WARD JOEL M WARD JUSTIN C WARD NANCY S WARD RALPH WARD ROBERT CRAIG WARD ROYAL C WARD STEVEN M WARD WILLIAM L WARD II JOHN K WARD JR JEROMY J WARDLE MICHAEL L WARFIELD ANTHONY L WARNEKE DANNY J WARNER DEAN T WARNER DOUGLAS G WARNER JASON WARNER TODD A WARNER HAZEL R WARR JR CHRISTOPHER J WARREN DAVID D WARREN DURRELL L WARREN JAMES D WARREN MARK WARREN RODERICK B WARREN VICTOR L WARREN WILLIAM J WARREN DOUGLAS A WARSTLER STEVEN E WARSTLER MARK H WASHER DANA EARL WASHINGTON ROBERT J WASHINGTON VEOTIS WASHINGTON CRAIG M WASTELL TRACY L WATANABE ROBERT W WATERFIELD KENNETH WATERS MICHAEL J WATERS ANTHONY W WATFORD BENJAMIN R WATFORD DONALD B WATFORD ROBERT A WATFORD ROBERT D WATFORD ROBERT C WATFORD III ASHTON E WATFORD JR JAMES WATKINS JOSEPH M WATROUS ANDY B WATSON BERNARD L WATSON BILLY K WATSON DARRIN RICHARD WATSON DAVID B WATSON JAMES W WATSON JOHN LOUIS WATSON JOSIAH WATSON KEITH S WATSON KENNETH WATSON LARRY R WATSON MARTIN G WATSON MARY F WATSON PAMELA G WATSON PENNY O WATSON RUSSELL E WATSON STAN K WATSON THOMAS J WATSON W LARRY WATSON WILLIAM M WATSON HUNTER WATSON III GRANT L WATSON JR JAMES WATSON JR IRVIN J WATTIER DERIK D WATTS WILLIAM W WATTS ANGELA K WAWRZASZEK KEVIN C WAYE JR CALVIN WAYNE SUSAN WAYNE HARRIETT M WEATHERFORD MELINDA C WEATHERFORD ROY J WEATHERFORD SCOTT WEATHERFORD SAMUEL B WEATHERFORD II LONNIE A WEATHERLEY BRETT D WEAVER BRIAN J WEAVER CHAD W WEAVER DONALD A WEAVER ERIC J WEAVER JASON D WEAVER JOHN R WEAVER JOSEPH C WEAVER LEIGH WEAVER RONALD E WEAVER DAVID A WEBB JASON WEBB JEFFREY A WEBB KELLY D WEBB BRIAN R WEBER DUANE A WEBER LANE L WEBER ROBERT J WEBER TODD J WEBER GARY D WEBER JR BARRY O WEBSTER TODD S WEBSTER TRESSA WEBSTER BILL G WEEKS ROBBIE L WEEKS TERRY L WEEKS ERNEST V WEERTS RICHARD V WEERTS JEREMIAH J WEGNER DAN P WEHRMANN MARY C WEICH BABETTE A WEICK MICHAEL R WEIDNER THOMAS A WEILER JAY B WEIN JERRY G WEINRICH STEPHEN C WEIR BILLY WEISINGER DONALD G WEISINGER JEREMY WEISINGER JAMES W WEISS WILLIAM D WEISS ERIC L WEITZ HARRY S WELCH JAMES W WELCH JAMES E WELCH MARIE A WELCH RICKY E WELCH PAUL WELCH JR DENNIS J WELDEN MARY B WELKER THOMAS M WELKER BARBARA J WELLS BILLY E WELLS CHARLES WELLS CHARLES WELLS CHARLES E WELLS CORDELL A WELLS DANNY WELLS ELIZABETH C WELLS JASON L WELLS JERRY R WELLS JIMMY WELLS ROGER H WELLS TERRY WELLS CHRISTOPHER S WELSH RONALD T WEMHOFF JOHN D WENNER WILL W WENNINGHAM DONALD G WENTELER ALAN L WENTLING BRIAN F WENZELMAN LARRY L WENZL TIMOTHY M WERLINGER JAN WESSEL MARK E WESSINGER DONALD R WEST JAMES L WEST JASON R WEST R DWAYNE WEST RALPH WEST SHAWN E WEST THOMAS L WEST ADMAN WEST III JAMES WEST JR JOHN MATTHEW WESTBROOK LANA K WESTBROOK TERRY L WESTBROOK WAVERLEY R WESTBROOK ROBERT W WESTBROOK JR DAROLD WESTBY JESSE M WESTER KEN M WESTMORELAND EDWARD E WESTWOOD JOHN G WETLI III MARILYN J WETMORE JEFFREY A WHALEN AMANDA L WHANGER DANNY R WHEAT CLAUDE M WHEELER DARRELL E WHEELER JONATHAN R WHEELER SHANE K WHEELER TAMMY M WHEELER WILLIAM W WHEELER BRUCE D WHEELER JR BURNETTE R WHETSTONE CURTIS K WHETSTONE JEFFERY B WHETZEL CLEMENT HAMILTON WHISTLE GARY W WHITAKER IVAN R WHITAKER NATHAN R WHITAKER ADELE M WHITE ADRIENE M WHITE BRENDA K WHITE BRYAN D WHITE CALVIN L WHITE CHARLES A WHITE CHARLES D WHITE CHARLIE L WHITE CHERYL L WHITE DEAN WHITE DEBORAH A WHITE DURAND L WHITE ERIC A WHITE GERALD B WHITE GREGORY P WHITE JAMES KEVIN WHITE JEFFEREY L WHITE JEFFREY L WHITE JEFFREY R WHITE JEFFREY R WHITE LANCE DALTON WHITE LARRY A WHITE MICHAEL WHITE PHILLIP D WHITE RICHARD L WHITE RICHARD N WHITE RICHARD T WHITE ROD B WHITE SEAN ANDRAY WHITE TAMMY A WHITE TERRY L WHITE THOMAS E WHITE THOMAS S WHITE TIMMY D WHITE CHARLES WHITE JR ROBERT P WHITE JR REX WHITED ROBERT J WHITED KRISTAN WHITEHEAD WILLIAM T WHITEHEAD JEFFREY T WHITEMAN KENNETH J WHITESELL BARBARA ANN WHITFIELD LOVELL WHITFIELD SR CLINTON T WHITLOCK SARA E WHITLOCK CRAIG A WHITMAN DAWN E WHITMAN KATHY L WHITMAN REBECCA L WHITMAN SCOTT D WHITMAN COLLETTE L WHITMARSH DANIEL A WHITMER ROBERT E WHITMIRE JAMES R WHITTEN JAMES WHITTEN II MATHEW H WICHELT PENNY J WICKER JEFFREY E WICKETT KENNETH R WIDA JR JEFFREY L WIDDICOMBE LORIN A WIDDISON MICHAEL E WIDHALM JOHN M WIDRIG BRADLEY M WIEBE MICHAEL P WIEBELHAUS STEVEN J WIEN TIMOTHY L WIESE LONNIE M WIGGINS MICHAEL E WIGGINS ORIN M WIGGINS MARK R WIGINGTON BRIAN T WIGLEY STEVEN L WIGMAN GLENN L WILBER TWANA B WILBORN JEFFREY A WILBUR FRED JACK WILCOCK JR CRYSTAL D WILCOX M DREW WILCOX RICHARD WILCOX JAMES F WILDER JOE WILDMON GARY E WILEMAN EDWARD D WILES BOBBY L WILEY GREGORY M WILEY JOYCE M WILEY NICOLE WILHELM THOMAS H WILKE JOHNNY R WILKERSON RYAN E WILKERSON ETTER C WILKES JACK WILKES L A WILKES LARRY M WILKES DAVID A WILKINSON JUSTIN D WILKINSON CHARLES LEWIS WILLETT JEREMY DUANE WILLETT JOSEPH WALTER WILLETT RALPH E WILLETT ALFRED A WILLIAMS ANTHONY C WILLIAMS BARRY R WILLIAMS BARTOW WILLIAMS BERNARD J WILLIAMS BILLY R WILLIAMS BOBBY R WILLIAMS BRADLEY A WILLIAMS BRET H WILLIAMS CATHERINE R WILLIAMS CHARLES G WILLIAMS CHRISTOPER A WILLIAMS CHRISTOPHER D WILLIAMS CURTIS J WILLIAMS DAN P WILLIAMS DANNY WILLIAMS DARYL E WILLIAMS DAVID JAMES WILLIAMS DEON T WILLIAMS F DARRELL WILLIAMS GERALD F WILLIAMS GORDON DAVID WILLIAMS HAROLD B WILLIAMS HENRY J WILLIAMS IRVIN C WILLIAMS J T WILLIAMS JABEZ D WILLIAMS JACK L WILLIAMS JACQUELINE K WILLIAMS JAMES MICHAEL MIKE WILLIAMS JERRY E WILLIAMS JOEY B WILLIAMS JOHN C WILLIAMS JOHN CHRIS WILLIAMS JOHN FRANKLIN WILLIAMS KATHLEEN A WILLIAMS KEITH WILLIAMS KEITH P WILLIAMS KENNETH J WILLIAMS KENT B WILLIAMS LYNDA V WILLIAMS MARC A WILLIAMS MARCUS L WILLIAMS MARSHALL L WILLIAMS MATTHEW J WILLIAMS MICHAEL D WILLIAMS MILTON L WILLIAMS MISTY W WILLIAMS NICHOLAS C WILLIAMS PAMELA J WILLIAMS RANDY M WILLIAMS ROBERT WILLIAMS ROBERT E WILLIAMS ROBERT W WILLIAMS RONALD BRENT WILLIAMS RONALD L WILLIAMS ROWAN E WILLIAMS SAMMY E WILLIAMS SEAN D WILLIAMS STEVEN WILLIAMS THOMAS WILLIAMS THOMAS C WILLIAMS WILLIAM A WILLIAMS WILLIE D WILLIAMS ROY WILLIAMS III FRANK H WILLIAMS JR JACK H WILLIAMS JR JESSE M WILLIAMS JR BRYAN T WILLIAMSON DIANE K WILLIAMSON GARY L WILLIAMSON JASON S WILLIAMSON JOSEPH WILLIAMSON MARK E WILLIAMSON PAUL D WILLIAMSON RON C WILLIAMSON WILLIAM R WILLIAMSON BILL W WILLIAMSON JR JOHN A WILLIAMSON JR MICHAEL ROSS WILLINGHAM ANDREW J WILLIS JOHN C WILLIS ROGER E WILLIS ROY WILLIS ALLEN R WILMES KELLY J WILMOTH ALAN WILSON ANTONIA L WILSON AUBREY L WILSON BROCK E WILSON CHARLES WILSON COREY S WILSON CRAIG SCOTT WILSON DANIEL WILSON DONALD R WILSON ERIC D WILSON G T WILSON GARRICK WAYNE WILSON JAMES B WILSON JAMES R WILSON JEFFERY WILSON JOSEPH K WILSON KAY M WILSON KELLY R WILSON KEVIN WILSON MARK D WILSON MARK W WILSON MATTHEW L WILSON MEL T WILSON MICHAEL W WILSON MICHAEL W WILSON RICHARD WILSON RICHIE L WILSON ROBERT WILSON WAYNE L WILSON JOE THOMAS WILSON III JOHN S WILSON JR LARRY R WILSON JR JOHN D WINBERRY TERI ANN WINBORNE MICHAEL A WINCHESTER PERNESSA F WINDHAM CLYDE F WINDLEY LEONARD M WINDOM GREGORY N WINGATE JESSE A WININGER DALE A WINKEL ANDRE WINKFIELD KARL T WINKLER ALVIN R WINSLOW CHARLES EVAN WINSLOW GEORGE L WINSTEAD JR HERMAN W WINTER PAUL H WINTERMUTE BRIAN WESLEY WINTERS ROBERT J WISE DAVID F WISE SR BRUCE WISEMAN ELIZABETH C WISNIEWSKI JONATHAN D WITHEROW JAMES H WITHERSPOON III JAMES L WITUCKI LOUIS O WITZLEB MARTIN WLODARSKI DENNIS R WOEBBEKING EARL RAYMOND WOKUTCH KAREN A WOLDAHL EDWARD DOUGLAS WOLF BRAD E WOLFE JOHN P WOLFE MICHAEL G WOLFE PAUL A WOLFE RANDY B WOLFE TIMOTHY R WOLFE URIAH T WOLFE ANTHONY D WOLFF THOMAS R WOLFF JEROME DUANE WOLFORD ANTHONY W WOMACK JOSEPH T WOMACK THOMAS H WOMACK JR LARRY E WONDERLY ARLAND I WOOD BLANE K WOOD BRENNAN H WOOD CHRISTOPHER WOOD CHRISTOPHER A WOOD DANNY G WOOD DEBRA A WOOD DONALD J WOOD JOSEPH A WOOD MITCHELL W WOOD RONNIE K WOOD SHANE K WOOD TREVOR L WOOD WILLIAM W WOOD BRETT WOODALL JOHN M WOODALL JAMES E WOODARD KURT A WOODARD RONNIE A WOODARD JOHN P WOODCOX PAUL J WOODHAM DELBERT ALLAN WOODLEY JR SCOTT G WOODRING CHAD W WOODROW STEPHEN W WOODROW JOSHUA WOODRUFF CHARLES L WOODS CLARENCE WOODS JAMES M WOODS JAMIE C WOODS JERRY W WOODS JOSEPH A WOODS LEON WOODS RANDY C WOODS ROBERT A WOODS TOMMY L WOODS JARED J WOODWARD SHANE D WOODWARD WILLIAM D WOODWARD WILLIAM W WOODWARD II DENNIS H WOODY JOHN M WOODY MARK L WOOLDRIDGE ANTHONY WOOTEN JOSEPH WORD BRUCE A WORK ELIZABETH J WORLEY JERRY WORLEY ALLEN M WORRELL MILTON L WORSLEY MARVIN A WORTKOETTER DOUGLAS R WOSLAGER FRANK F WOSZCZYNSKI BRIAN K WRAY MICHAEL W WRAY GARY L WREN JR JAMES D WRIEDT ALLEN WRIGHT ALLEN R WRIGHT CHARLES J WRIGHT DARRYL D WRIGHT DEBORAH E WRIGHT DONDRA L WRIGHT ERNEST M WRIGHT GREER J WRIGHT JEFFREY B WRIGHT JERRY A WRIGHT JERRY F WRIGHT JOE WRIGHT JOSIAH J WRIGHT LATANJA S WRIGHT MATTHEW A WRIGHT MATTHEW O WRIGHT MELVIN WRIGHT MICHAEL W WRIGHT RAY C WRIGHT RICHARD T WRIGHT RICKY D WRIGHT ROBERT A WRIGHT ROBERT J WRIGHT SCOTT W WRIGHT TERRY L WRIGHT TOM F WRIGHT II LOUIS C WRIGHT JR RAYMOND W WRIGHT JR JAMES W WRIGHTSMAN ROY W WRIGHTSMAN ERICA M WRONA LAWRENCE J WRONA SCOTT WULFF RAYMOND WYATT ROBERT WYATT RODNEY WYNNE WYATT CHERYL WYERS MICHELLE L WYKOFF RODNEY N WYKOFF DOUGLAS D WYLIE GARY B WYLIE FALLON T YAGER ROBERT J YAP SCOTTY N YARBOROUGH SHAWN L YARBOROUGH ALTON YARBOROUGH JR DANA R YARBROUGH DONALD L YARBROUGH CHARLES E YATES DARRELL A YATES GEORGE E YATES JAMES B YATES RICHARD L YATES LARRY P YATES JR BELINDA JEAN YEAGER DONALD G YEAGER MICHAEL R YEARSLEY DUANE A YELLIN MICHAEL J YENNE MAURICE E YEZAK BRYAN DENNIS YODER CALVIN YODER CALVIN L YODER CRAIG E YODER GARY L YODER KENNETH I YODER KEVIN H YODER NATHANIEL A YODER LESTER YODER JR LESTER YODER SR JAMES A YONTZ ROBERT YORGENSEN BRAD A YORK JAMES J YORK JAMES O YORK MICHAEL YORK DAVID BRADLEY YOUNG GARY W YOUNG JAMES R YOUNG JOHN W YOUNG KEITH M YOUNG LISSA YOUNG LON G YOUNG MICHAEL D YOUNG MICHAEL J YOUNG RICHARD L YOUNG THOMAS W YOUNG TODD C YOUNG WILLARD G YOUNG WILLIAM K YOUNG ROGER YOUNG III JAMES WAYNE YOUNG JR ROY M YOUNGBLOOD DOUGLAS K YOUNGER RICHARD S YOUNGER KENNETH A YOUNGS BYRON D ZADAI MILES D ZAHRADNIK JOHN E ZAN STEVE P ZANDER RUDOLPH ZANGERL JEAN MARC A ZANNI ROBERT L ZASADA SHERRI S ZAUTKE BARNEY D ZEIGLER BRIAN E ZEIGLER LEWIS ZEITERS JOSEPH R ZENS ERIC J ZERNIKOW ROBERT S ZERUTH JOHN F ZICKGRAF CHRISTOPHE R ZIEGLER STEVEN T ZIEGLER MELDEAN J ZIEHMER JAMES S ZIELINSKI KIM ZIELINSKI KELLY D ZILLES GREGORY L ZILLS BRIAN J ZIMMERMAN JON L ZIMMERMAN KASEY L ZIMMERMAN RICHARD ZIMMERMAN RODNEY L ZIMMERMAN RYAN W ZIMMERMAN TREVOR S ZIMMERMAN NATHANIEL L ZIMMERMANN JEFFERY J ZINK JUSTIN A ZINK TIMOTHY I ZINK DOUGLAS G ZINN RICHARD R ZINN JAY ZUNDEL CHARLES E ZURCHER CHARLES D ZURN LAVERN R ZWINGMAN DAVID ZYBKO
  3. 3. CONTENTS Nucor Employees cover Capacity Graphs 28 Letters to Stockholders 3 Six-Year Financial Review 30 Dividend History 8 Consolidated Financial Statements: At a Glance 9 Statements of Earnings 31 Operations Review: Statements of Stockholders’ Equity 31 Bar Mills, Sheet Mills, Balance Sheets 32 Structural Mills and Plate Mill 10 Statements of Cash Flows 33 Vulcraft 14 Notes to Financial Statements 34 Cold Finish and Fastener 16 Report of Independent Auditors 43 Building Systems Board of Directors 44 and Light Gauge Steel Framing 17 Executive Management 45 Management’s Discussion and Analysis of Corporate and Stock Data 46 Financial Condition and Results of Operations 18 Financial Graphs 26 Executive Officer Group from left to right: Joseph A. Rutkowski, Executive Vice President; Daniel R. DiMicco, Vice Chairman, President and Chief Executive Officer; Terry S. Lisenby, Chief Financial Officer, Treasurer and Executive Vice President; D. Michael Parrish, Executive Vice President; James M. Coblin, Vice President, Human Resources; Hamilton Lott, Jr., Executive Vice President; and John J. Ferriola, Executive Vice President. OUR GOAL IS TO TAKE CARE OF OUR CUSTOMERS...IT’S OUR NATURE.
  4. 4. FINANCIAL HIGHLIGHTS 2003 2002 % CHANGE FOR THE YEAR Net sales $6,265,823,467 $4,801,776,537 +30% Earnings: Earnings before income taxes 66,877,223 230,053,015 -71% Provision for income taxes 4,096,000 67,973,000 -94% Net earnings 62,781,223 162,080,015 -61% Per share: Basic .80 2.08 -62% Diluted .80 2.07 -61% Dividends per share .80 .76 +5% Percentage of net earnings to sales 1.0% 3.4% -71% Return on average equity 2.7% 7.2% -63% Capital expenditures 215,408,007 243,598,096 -12% Depreciation 364,111,924 307,101,032 +19% Sales per employee 636,803 527,581 +21% AT YEAR END Working capital $990,965,062 $823,825,820 +20% Property, plant and equipment 2,817,135,193 2,932,058,102 - 4% Long-term debt 903,550,000 878,550,000 +3% Stockholders’ equity 2,342,077,788 2,322,989,489 +1% Per share 29.80 29.71 — Shares outstanding 78,590,171 78,180,108 +1% Employees 9,900 9,800 +1% Certain amounts from the prior year have been reclassified to conform to the 2003 presentation. FORWARD-LOOKING STATEMENTS Certain statements made in this annual report are forward-looking statements that involve risks and uncertainties. These forward-looking statements reflect the Company’s best judgment based on current information, and although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the results and expectations discussed herein. Factors that might cause the Company’s actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) the sensitivity of the results of our operations to prevailing steel prices and changes in the supply and cost of raw materials, including scrap steel; (2) availability and cost of electricity and natural gas; (3) market demand for steel products; (4) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (5) uncertainties surrounding the global economy including excess world capacity for steel production; (6) U.S. and foreign trade policy affecting steel imports or exports; (7) significant changes in government regulations affecting environmental compliance; (8) the cyclical nature of the domestic steel industry; (9) capital investments and their impact on our performance; (10) our safety performance; and (11) other factors described in the Company’s filings with the Securities and Exchange Commission.
  5. 5. TO OUR STOCKHOLDERS 3 Since Nucor began focusing on the steel business in 1966, the company has been profitable every single quarter, a record unmatched by any other North American steel manufacturer. When I wrote to you last year, I predicted that 2003 was shaping up to be an especially challenging year in our business. Nevertheless, I was confident that Nucor’s longstanding tradition of successfully emerging from industry downturns stronger than ever would continue. Our team did face significant challenges in 2003, including: > Severely depressed construction markets > Significant short-term costs required to commercialize new technology > The integration of our largest acquisition ever and a major sheet mill > An unprecedented surge in the cost of our key raw material, scrap steel. Daniel R. DiMicco Despite these fierce headwinds, we continued our string of profitable quarters. Nucor’s Vice Chairman, President and Chief Executive Officer businesses generated cash from operations of more than $494,600,000 in 2003, one of our strongest years ever for operating cash flow performance. We solidified our position as the nation’s largest steel manufacturer and the largest recycler. Our net earnings declined 61%, to $62,800,000, or 80 cents per share. While we are particularly disappointed in this year’s earnings performance, we have accomplished many things that allowed us to be one of the few profitable steel companies in North America. We are never satisfied with our results, and we will continually seek improvement in all of our operations. Our 9,900 employees performed well in 2003, and they are off to an excellent start in 2004 to accomplish much more. Nucor again set records for both steel production and steel shipments. In 2003, steel shipments rose 31% to 17,700,000 tons. That is up 61% from just three years ago, during a period when the nation’s economy – and, in particular, the manufacturing and non-residential construction sectors, which consume a great deal of steel – slowed considerably from the boom days of the 1990s. Nucor has a long history of seizing opportunities during difficult steel market conditions. The past few years together represent one of the steel industry’s deepest down cycles, as prices eroded and dozens of companies slipped into bankruptcy. Even in these troubled times, we have not wavered from our focused, disciplined strategy to strengthen our competitive position, drive long-term growth in our earnings power and raise returns on our stockholders’ investment. The keys to executing the strategy continue to be: > Optimize existing operations > Continue greenfield growth via the commercialization of new technologies > Pursue strategic acquisitions > Grow globally through joint ventures. This has been our focus for the past few years. Let’s examine our recent performance in each of these areas. Optimizing existing operations. Every Nucor employee strives for continual improvement. Everyone understands that continual improvement of our existing operations represents our single largest opportunity for long-term earnings growth. Our plate mill in North Carolina, which began casting and rolling in the fall of 2000, is an excellent example of that commitment. Facing an extremely difficult pricing environment, our plate mill team made tremendous gains in productivity while posting record- low conversion costs. Meanwhile, customers tell us that the quality of our product has been excellent. Our bar mill modernization program is another success. We set aggressive schedules for installing a new finishing end in Darlington, South Carolina, and upgrading the rolling mill in Norfolk, Nebraska. During 2003, the Nucor Team completed both projects on time and on budget. We conducted extensive training programs to move employees swiftly up the learning curve. By year’s end, these bar mills had lowered their conversion costs, increased their yields and productivity and improved product consistency. They also improved their operating profit contribution – with more to come from these facilities in 2004. Our modernization program continues. The new melt shop at the mill in Jewett, Texas is on schedule for completion before summer.
  6. 6. TO OUR STOCKHOLDERS 4 Our sheet mill in Berkeley County, South Carolina completed construction of a vacuum degasser in late 2003. The degasser, which has successfully completed several initial trials, will allow us to expand the mill’s product capabilities into deep drawing steel grades. Deep drawing capability enables us to participate in higher value-added business in the automotive, appliance, lawn and garden, and heating-ventilation-air conditioning markets. On a broader note, our sheet mills continue to enjoy success with the strategy of aggressively cultivating automotive opportunities that match our strategic growth plans and enhance our position as a value-added steel producer. Today, we are selling on either a direct or indirect basis to most of the U.S. automotive producers. Through our investment in state-of-the-art equipment, we are positioned to grow our automotive business. We sold more than 325,000 tons in the automotive market last year, and we expect to double that total in 2004. We continue to push the standard on environmental performance in our industry. Nucor continues to work with the Environmental Protection Agency and state environmental departments to establish a premier environmental management system at our operating units. In 2003 we had several facilities that obtained certification of their ISO 14001 Environmental Management Systems. By the end of 2004, all facilities will be involved in this program, with many more having obtained this significant certification. Our employees, working with their environmental departments, continue to push us toward higher levels of environmental performance at lower costs. Through strategic planning we are creating a culture that has increased our level of environmental performance, lowered our impact on natural resources, controlled our compliance costs and set a standard that others will find hard to match. Nucor is the only steel manufacturer with a facility in the EPA National Environmental Performance Track program. Continuing greenfield growth via the commercialization of new technologies. We did not open any new plants in the United States in 2003, but we made significant progress at one of our newest facilities that utilizes an emerging technology. Our team at the Castrip® facility in Crawfordsville, Indiana, has explored – and successfully navigated to this point – what were uncharted waters in working with revolutionary new technology to directly cast strip steel. During the second half of 2003, the team made important technological breakthroughs that have resulted in longer casting sequences and improved product quality and improvements in the life of key consumables. The successful sequencing of heats also resulted in higher production rates. Multi-ladle casting sequences are now part of routine production. Castrip expects increased production and prime rates to continue into 2004. We are optimistic about the prospects for attaining commercialization of the Castrip technology this year. Pursuing strategic acquisitions. We purchased the four operating mills and other assets of Birmingham Steel Corporation (“Birmingham Steel”) in late 2002 for approximately $615,000,000 – the largest acquisition in Nucor’s history. These mills boosted Nucor’s 2003 shipment volume by 2,400,000 tons – and made a significant operating profit contribution in very depressed bar market conditions. The success of the Birmingham Steel integration reinforces our philosophy of smart acquisitions: Don’t over pay. Stick to businesses you know. And make sure the companies have compatible cultures – employee focus, teamwork, safety, customer focus, high quality standards, ethics and integrity, environmental focus and a commitment to continual improvement and risk-taking. Last year also was an important period for our newest sheet mill in Decatur, Alabama, acquired in 2002. The mill expanded our sheet steel capacity by 30%, to 8,700,000 tons a year. Our team has overcome early equipment problems to build volume rapidly, improve quality and speed up deliveries. Fourth quarter production at the mill was 63% higher than production for the second quarter, driving improvements in Decatur’s bottom line. A crucial part of Decatur’s recent success comes from another part of our model for successful acquisitions: leveraging the talent and energy of the entire Nucor Team. At least a half-dozen other Nucor divisions have given Decatur their technical expertise and support. We are all very excited about Decatur’s potential to produce higher quality grades of sheet than Nucor has ever achieved. Growing globally through joint ventures. We have two joint ventures with global partners scheduled for production starts later in 2004. Nucor and Companhia Vale do Rio Doce (“CVRD”) are building a facility in northern Brazil that will produce pig iron in an environmentally friendly manner. This project will create charcoal from specially cultivated forests that regenerate themselves by consuming carbon dioxide from the atmosphere. Unlike conventional pig iron projects, this process will reduce carbon dioxide (a greenhouse gas) instead of increasing the amount of it in the atmosphere, as the forest will consume more carbon dioxide than will be emitted by the mini-blast furnaces. The trees are planted along with an equal amount of restored virgin forest, the charcoal furnaces are under construction, and the permits are being acquired for the pig iron operations. The project, when complete, will annually supply 380,000 tons of “environmentally green” pig iron, with an option of doubling that amount in the future.
  7. 7. TO OUR STOCKHOLDERS 5 Our HIsmelt™ project, a joint venture with The Rio Tinto Group, Mitsubishi Corporation, and Chinese steelmaker Shougang Corporation, is building a facility in Western Australia. The HIsmelt process uses iron ore fines and coal fines of all qualities to directly produce liquid iron with considerably better environmental results and significantly less energy consumed than standard iron-making technologies. Construction is more than halfway to completion, and the plant’s operating team has begun training and preparing for the commissioning of equipment. Production is scheduled to begin in the fourth quarter of 2004. This facility will have an annual capacity of 800,000 metric tons. Both of these projects will provide Nucor with high quality, alternative sources of raw materials. We began work on these initiatives several years ago in more subdued scrap markets, and their output will be an important asset for Nucor moving forward in more heated raw materials environments. We also are working on several other raw material supply projects that will help stabilize our raw material pricing and availability going forward. Our scrap prices surged $65 (57%) per ton between December 2002 and December 2003. When the price increase accelerated in the fall, we responded promptly. We became the first major North American steel producer to introduce a raw material surcharge, to ensure that we would be able to purchase the scrap needed to fill our customers’ steel needs while restoring our margins to appropriate levels. The marketplace accepted the surcharge, albeit begrudgingly. The media, market analysts and investors all have expressed concern that rising scrap prices would cripple the margins of mini-mills. I understand the concern, but we predict the exact opposite to occur. Nucor expects to earn higher margins in 2004 than in 2003, along with increased volumes, across all product lines because of the improving supply/demand balance for our products and an improving economy. Having said this, runaway raw material costs, coupled with a major surge in imports, continue to be a risk factor going forward. While the former is a current issue, the latter is not because of the strength in global steel demand at present and the higher global steel prices. While we begin 2004 with a great deal of optimism, we also are carefully monitoring several sensitive fronts. In December, the Bush Administration chose to prematurely end the temporary steel safeguard tariffs, known as Section 201. The Administration implemented Section 201 to help the domestic steel industry recover from serious injury caused by the illegal trading practices of foreign competitors. Concurrent with this, the industry took historic steps to consolidate and restructure. This restructuring is not complete, but we are encouraged by the Administration’s commitment to strengthen existing U.S. trade laws by closing the loopholes that permit import surges, circumvention and repetitive dumping. The future of U.S. manufacturing, not just the domestic steel industry, depends in large part upon the Administration's willingness to hold the world trading community accountable for unfair and illegal trading practices. Our fortunes, as always, are tied to the entire U.S. economy and, to a greater extent than ever before, the global economy. A reversal of the current global recovery, in particular a sudden change in China’s economy, will be felt by all major steel manufacturers, including Nucor. Whatever turn the economy takes, Nucor will remain true to the principles that have guided us through nearly four decades of uninterrupted profitability and growth. We are committed to our goal, which is to take care of our customers. We do it by being the safest, highest quality, lowest cost, most productive and most profitable steel and steel products company in the world. To our employees, stockholders, customers and suppliers, thank you for your continuing support. Together, we have built a solid foundation for sustainable and substantial growth in Nucor’s earnings power in 2004 and beyond. Sincerely, Daniel R. DiMicco Vice Chairman, President and Chief Executive Officer
  8. 8. TO OUR STOCKHOLDERS 6 Nucor’s net sales for 2003 were a record $6,265,800,000, an increase of 30% from $4,801,800,000 in 2002. Net earnings were $62,800,000 ($.80 per share), a decrease of 61% from $162,100,000 ($2.07 per share) in 2002. In spite of another challenging year in the steel industry, Nucor was one of the few domestic steel companies to remain profitable in 2003. The weak economic conditions in the United States, specifically in the non-residential construction and capital goods markets important to Nucor, continued to impact our financial performance. As in the past two years, average sales prices were significantly below normal. In addition, earnings were negatively impacted by higher scrap and energy costs. These factors reduced our metal margin, the spread between steel selling prices and scrap costs; however, with the expectation of further strengthening of demand and our implementation of a raw materials surcharge on January 1, we anticipate an increase in metal margin as we move through 2004. Terry S. Lisenby Chief Financial Officer, Treasurer and Executive Vice President Nucor’s utilization rate in 2003 remained strong at 92% of production capacity (an average of all operating facilities) in a very weak economy. Nucor established new records in 2003 for steel production, total steel shipments and steel shipments to outside customers. Steel production in 2003 increased 28% to 17,441,000 tons, compared with 13,622,000 tons in 2002. Total steel shipments improved 31% to 17,656,000 in 2003, compared with 13,438,000 tons a year earlier. Steel sales to outside customers were up 32% to 16,263,000 tons in 2003, compared with 12,314,000 tons in 2002. In the steel products segment, steel joist production was 503,000 tons in 2003, compared to 462,000 tons in 2002. Steel deck sales were 353,000 tons, compared to 330,000 tons in 2002. Cold finished steel sales were 237,000 tons in 2003, compared with 226,000 tons in 2002. Building systems sales were 76,000 tons in 2003, compared with 68,000 tons in 2002. Nucor has long employed conservative financial and accounting practices and plain language, easy-to-understand financial reporting. We will continue this tradition. We have a simple capital structure with no off-balance sheet liabilities, and we will continue to maintain our strong balance sheet. At the end of 2003, Nucor had $350,300,000 in cash and short-term investments, and a low percentage of debt to total capital of 26%. Despite a difficult year, we generated cash flows from operations of more than $494,600,000. We are committed to maintaining our strong financial position and believe our industry-high credit rating gives us additional competitive advantage in a consolidating industry. Nucor’s achievements in this challenging business environment are due to the efforts and loyalty of its 9,900 employees, and to the support of customers, suppliers and stockholders. We believe that Nucor is well positioned for strong performance in 2004. Sincerely, Terry S. Lisenby Chief Financial Officer, Treasurer and Executive Vice President
  9. 9. TO OUR STOCKHOLDERS 7 The steel industry and the global economy went through more than just another challenging year in 2003. China’s continuing economic boom, the decline in the dollar, rising scrap prices, the premature end of Section 201 tariffs – all of these had an impact on a broad range of U.S. manufacturers, including Nucor. The board recognizes that the Nucor Team dealt very effectively with this extraordinarily complex and volatile environment. Most importantly, the company continued to move forward on its strategic plan, not allowing itself to become distracted by these changing and challenging conditions. During the past year, Nucor made significant progress integrating its major acquisitions of 2002. The four former bar mills of Birmingham Steel quickly transitioned into productive, profitable Nucor divisions – a tribute not only to Nucor’s integration practices but also to Peter C. Browning management’s acumen in identifying compatible acquisition targets. The Decatur, Alabama, Non-Executive Chairman sheet mill is overcoming some challenges and ramping up production, while the company also continues to focus on developing groundbreaking technology through strategic partnerships such as Castrip, Green Pig and HIsmelt. Dan discusses details of these projects in his letter. Dan and his leadership team have taken an appropriate and influential role to encourage the Bush Administration and leaders of other nations to address the global excess capacity problem in a way that will support the evolution of a vibrant global steel industry. Needless to say, that work remains unfinished. Despite these many initiatives, the board recognizes that Nucor employees have not taken their eyes off their objective to continually improve productivity, costs and quality. Most importantly, Nucor’s well-known values continue to drive the company, even as its steel production has tripled over the past decade. This combination of pushing forward on strategic initiatives while continually improving the nuts and bolts operations provides the basis for assuring that Nucor will be in a position to take advantage of these dynamic conditions. In times of extraordinary turbulence, the company that manages to stay focused on the basics and sticks with its plan will be well-positioned to lead the industry recovery under emerging, more favorable economic circumstances. Sincerely, Peter C. Browning Non-Executive Chairman
  10. 10. DIVIDEND HISTORY 8 NUCOR has increased the cash dividend every year since 1973. Over the past three decades, we have reinvested our significant operating cash flow, modernizing our equipment and opening new facilities. We also believe in returning a steadily increasing amount directly to our investors through dividends. Nucor began paying dividends in 1973 and has increased dividend payments every year since then – a record of unusual consistency, particularly for a company in a cyclical industry such as steel. In 1973, Nucor paid a split-adjusted annual dividend of 0.425 cents per share. In 2003, that dividend was 80 cents per share. Our Board of Directors recently announced Nucor’s 124th consecutive quarterly cash dividend of 21 cents per share. Nucor intends to continue to increase cash dividends in the future as financial conditions and earnings permit. 60,000 80 70 52,500 45,000 60 37,500 50 30,000 40 22,500 30 15,000 20 thousands of dollars 7,500 10 cents 94 97 76 79 82 85 88 91 03 73 00 94 97 76 79 82 85 88 91 03 year 73 00 year CASH DIVIDENDS PER SHARE, SPLIT ADJUSTED T O TA L C A S H D I V I D E N D S PA I D
  11. 11. AT A GLANCE 9 Seattle Auburn Waterloo Plymouth Chemung Norfolk Kankakee Brigham City St. Joe Crawfordsville Hertford County Hickman Charlotte Blytheville Fort Payne Darlington Decatur Swansea Florence Birmingham Denton Berkeley County Terrell Jackson Dallas Grapeland Jewett Pompano Beach STEEL MILLS SEGMENT NUCOR-YAMATO STEEL COMPANY COLD FINISH Products: Super-wide flange steel beams, Products: Cold finished steel bars for BAR MILLS pilings, heavy structural steel products shafting and precision machined parts. for fabricators, construction companies, Products: Steel bars, angles and other Norfolk, Nebraska manufacturers and steel service centers. products for automotive, construction, farm Darlington, South Carolina machinery, metal buildings, furniture and Blytheville, Arkansas Brigham City, Utah recreational equipment. Darlington, South Carolina BEAM MILL BUILDING SYSTEMS Norfolk, Nebraska Jewett, Texas Products: Wide flange steel beams, Products: Metal buildings and metal Plymouth, Utah pilings, heavy structural steel products building components for commercial, Auburn, New York for fabricators, construction companies, industrial and institutional building markets. (Nucor Steel Auburn, Inc.) manufacturers and steel service centers. Waterloo, Indiana Birmingham, Alabama Berkeley County, South Carolina Swansea, South Carolina (Nucor Steel Birmingham, Inc.) Terrell, Texas Kankakee, Illinois PLATE MILL (Nucor Steel Kankakee, Inc.) FASTENER Jackson, Mississippi Products: Steel plate for manufacturers (Nucor Steel Jackson, Inc.) of heavy equipment, rail cars, ships and Products: Steel hexhead cap screws, Seattle, Washington barges, refinery tanks and others. structural bolts and hex bolts for (Nucor Steel Seattle, Inc.) automotive, machine tools, farm Pompano Beach, Florida Hertford County, North Carolina implements, construction and military (Nucor Steel Services of Florida, Inc.) applications. STEEL PRODUCTS SEGMENT St. Joe, Indiana SHEET MILLS VULCRAFT Products: Flat-rolled steel for automotive, NUCON STEEL appliances, pipes and tubes, construction Products: Steel joists, joist girders and and other industries. Products: Load bearing light gauge steel steel deck for buildings. framing systems for the commercial and Crawfordsville, Indiana Florence, South Carolina residential construction markets. Hickman, Arkansas Norfolk, Nebraska Berkeley County, South Carolina Denton, Texas (headquarters) Fort Payne, Alabama Decatur, Alabama Dallas, Georgia Grapeland, Texas (Nucor Steel Decatur, LLC) St. Joe, Indiana Brigham City, Utah CORPORATE OFFICE Chemung, New York (Vulcraft of New York, Inc.) Charlotte, North Carolina
  12. 12. OPERATIONS REVIEW 10 STEEL MILLS SEGMENT BAR MILLS, SHEET MILLS, STRUCTURAL MILLS AND PLATE MILL Nucor operates scrap-based steel mills in sixteen facilities. These mills utilize modern steelmaking techniques and produce steel at a cost competitive with steel manufactured anywhere in the world. BAR MILLS Nucor has nine bar mills located throughout the United States that produce bars, angles and light structural shapes in carbon and alloy steels. These products have wide usage including automotive, construction, farm equipment, metal buildings, furniture and recreational equipment. Four of the bar mills were originally constructed by Nucor between 1969 and 1981 and are located in South Carolina, Nebraska, Texas and Utah. Nucor has undertaken extensive capital projects to keep these facilities modernized, including two projects completed in 2003: a modernization of the rolling mill at the Nebraska facility and a new finishing end at the South Carolina facility. Construction of a new melt shop at the Texas bar mill will be completed in 2004. In 2001, Nucor purchased substantially all of the assets of Auburn Steel Company, Inc.’s (“Auburn Steel”) steel bar facility in Auburn, New York for approximately $115,000,000. This facility has the capacity to produce up to 450,000 tons of merchant and special bar quality (SBQ) steel shapes and rebar. In 2002, Nucor completed the acquisition of substantially all the assets of Birmingham Steel Corporation (“Birmingham Steel”) for a cash purchase price of approximately $615,000,000. The four bar mills acquired from Birmingham Steel can produce in excess of 2,200,000 tons annually and are located in Alabama, Illinois, Mississippi and Washington. The total capacity of our nine bar mills is approximately 6,000,000 tons per year. SHEET MILLS The four sheet mills produce flat-rolled steel for automotive, appliances, pipes and tubes, construction and other industries. Nucor constructed the sheet mills in Indiana, Arkansas and South Carolina between 1989 and 1996. The constructed sheet mills utilize thin slab casters to produce hot rolled sheet, which can be further processed through cold rolling and galvanizing. In 2002, Nucor completed the purchase of substantially all the assets of Trico Steel Company, LLC (“Trico”) for a cash purchase price of $117,700,000. This sheet mill is located in Decatur, Alabama and has an annual capacity of approximately 1,900,000 tons, expanding our sheet capacity by 30%. Total capacity of the four sheet mills is about 8,700,000 tons per year. STRUCTURAL MILLS The structural mills produce wide flange steel beams, pilings and heavy structural steel products for fabricators, construction companies, manufacturers and steel service centers. In 1988, Nucor and Yamato Kogyo, one of Japan's major producers of wide flange beams, completed construction of a beam mill located near Blytheville, Arkansas. Nucor owns a 51% interest in Nucor-Yamato Steel Company. During 1999, Nucor started operations at its 700,000 tons-per-year steel beam mill in South Carolina. Both mills use a special continuous casting method that produces a beam blank closer in shape to that of the finished beam than traditional methods. Current annual production capacity of our two structural mills is approximately 3,200,000 tons. PLATE MILL Nucor’s plate mill is located in North Carolina and produces steel plate for manufacturers of heavy equipment, rail cars, ships, barges, refinery tanks and others. During 2000, Nucor substantially completed construction and began operating the 1,200,000 tons-per-year steel plate mill. With the competitive advantages of new, more efficient production technology and Nucor’s strong customer service orientation, we expect to build a profitable market share position in the plate market.

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