Nucor Corp. plans to build a state-of-the-art plate mill in the Midwest that is expected to create approximately 400 full-time jobs. Nucor’s Board of Directors approved an investment of $1.35 billion to build the mill, which is scheduled to be fully operational in 2022 and will be capable of producing 1.2 million tons per year of steel plate products. The plate mill will produce cut-to-length, coiled, heat-treated and discrete plate ranging from 60 to 160 inches wide and in gauges from 3/16 of an inch in thickness.
Nucor, which currently operates plate mills in North Carolina, Alabama and Texas, expects to select a site for the new mill early this year. By building the mill in the Midwest – the largest plate-consuming area in the United States, according to Nucor – the company will enhance its ability to serve customers in the region while also furthering its goal of meeting all the steel needs of customers around the country.