Richard Teets
Founder at STEEL DYNAMICS, INC.
Net worth: 762 M $ as of 2024-03-30
Profile
Richard P.
Teets is the founder of Steel Dynamics, Inc. (founded in 1993) and currently holds the position of Director.
He is also currently working as the Executive Vice President at New Millennium Building Systems LLC since 2007.
In his former positions, he served as the Chairman at The Steel Manufacturers Association, Engineering Manager at Nucor Corp., and President at the Association of Iron & Steel Technology.
Mr. Teets completed his MBA from Duquesne University of The Holy Spirit in 1982 and his undergraduate degree from Lafayette College in 1977.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
STEEL DYNAMICS, INC.
3.25% | 2024-04-11 | 5,142,544 ( 3.25% ) | 762 M $ | 2024-03-30 |
Richard Teets active positions
| Companies | Position | Start |
|---|---|---|
| STEEL DYNAMICS, INC. | Founder | 1992-12-31 |
New Millennium Building Systems LLC
 New Millennium Building Systems LLC Metal FabricationProducer Manufacturing Part of Steel Dynamics, Inc., New Millennium Building Systems LLC is a private company that manufactures steel joist products such as bowstring, arched, scissor, double-pitched, and single-pitched joists. The company is based in Butler, IN. New Millennium Building Systems was acquired by Steel Dynamics, Inc. from New Process Steel Corp. on February 27, 2003. | Corporate Officer/Principal | 2007-03-31 |
Former positions of Richard Teets
| Companies | Position | End |
|---|---|---|
The Steel Manufacturers Association
 The Steel Manufacturers Association Miscellaneous Commercial ServicesCommercial Services The Steel Manufacturers Association operates as a steel trade association. It specializes in safety, public policy, communications, PAC, steel, technology, and trade. The company was founded James F. Collins in 1988 and is headquartered in Washington, DC. | Chairman | 2016-02-05 |
| NUCOR CORPORATION | Corporate Officer/Principal | - |
Association of Iron & Steel Technology
 Association of Iron & Steel Technology Miscellaneous Commercial ServicesCommercial Services The Association of Iron & Steel Technology (AIST) is a non-profit organization with 16,000 members from over 70 countries. The non-profit company is based in Warrendale, PA. AIST has 29 technology committees and 22 local members chapters that address specific process, engineering, equipment, or reliability technologies associated with the iron and steel industry. AIST's mission is to advance the technical development, production, processing, and application of iron and steel. The organization is recognized as a leader in networking, education, and steel industry sustainability programs. | President | - |
Training of Richard Teets
| Duquesne University of The Holy Spirit | Masters Business Admin |
| Lafayette College | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| NUCOR CORPORATION | Non-Energy Minerals |
| STEEL DYNAMICS, INC. | Non-Energy Minerals |
| Private companies | 3 |
|---|---|
New Millennium Building Systems LLC
New Millennium Building Systems LLC Metal FabricationProducer Manufacturing Part of Steel Dynamics, Inc., New Millennium Building Systems LLC is a private company that manufactures steel joist products such as bowstring, arched, scissor, double-pitched, and single-pitched joists. The company is based in Butler, IN. New Millennium Building Systems was acquired by Steel Dynamics, Inc. from New Process Steel Corp. on February 27, 2003. | Producer Manufacturing |
The Steel Manufacturers Association
The Steel Manufacturers Association Miscellaneous Commercial ServicesCommercial Services The Steel Manufacturers Association operates as a steel trade association. It specializes in safety, public policy, communications, PAC, steel, technology, and trade. The company was founded James F. Collins in 1988 and is headquartered in Washington, DC. | Commercial Services |
Association of Iron & Steel Technology
Association of Iron & Steel Technology Miscellaneous Commercial ServicesCommercial Services The Association of Iron & Steel Technology (AIST) is a non-profit organization with 16,000 members from over 70 countries. The non-profit company is based in Warrendale, PA. AIST has 29 technology committees and 22 local members chapters that address specific process, engineering, equipment, or reliability technologies associated with the iron and steel industry. AIST's mission is to advance the technical development, production, processing, and application of iron and steel. The organization is recognized as a leader in networking, education, and steel industry sustainability programs. | Commercial Services |
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