Newly created position will focus on finding new markets for company’s steel products.
The Indiana-based steel mini-mill firm Steel Dynamics Inc. has appointed John Nolan, formerly vice president and general manager of its Structural and Rail Division, to the newly created corporate level position of vice president – product development. In his new position, Nolan will be responsible for the identification, development and innovation of new products for the automotive, construction and rail markets. He will report directly to Dick Teets, SDI’s executive vice president for steelmaking.
"One of the goals for our steel operations is to grow our product lines across all segments of our business, both by innovation to meet our customers' growing end-use applications today and by anticipating and meeting what their needs will be tomorrow," says Teets. "John's unique background in both integrated and electric furnace steelmaking, as well as his knowledge and experience at both the marketing and operations ends of the business across all of our product lines, makes him the logical choice to fill this important position."
Commenting on the appointment, Mark Millett, SDI’s president and CEO, notes, "John has been a key contributor to the success of Steel Dynamics and looks forward to the new challenge. His experience and talent make him ideally suited for this new role, and I am sure he will help bring new ideas and perspectives in our efforts to broaden our product offerings and create further value for our customers.”