How Much is Nucor Investing in Right to Work Indiana?
Nucor Corporation is expanding soon in Right to Work Crawfordsville, Indiana. In order to do this, the company is investing a total of $290 million toward the project. In addition, this will also create 80 new jobs. So this is exciting news for the economy as well as those looking for jobs in the area.
From Area Development Magazine:
“Investing in Nucor Steel Indiana will allow us to grow our profitability in the Midwest construction region and expand Nucor’s prepaint footprint. […] This investment is part of our strategy to grow our core steel businesses and expand our portfolio of value-added products.†[…]
Nucor Steel Indiana was Nucor’s first steel sheet mill, starting operations in 1989. The Crawfordsville mill is where the company pioneered electric arc furnace thin-slab casting. Since this breakthrough, Nucor has continued to invest in advanced sheet steel products and technologies. The company operates five strategically located sheet mills that utilize thin slab casters and recently announced adding a sixth sheet mill, a majority-owned joint venture in California. These mills produce flat-rolled steel for automotive, appliance, construction, pipe and tube and many other industrial and consumer applications.
AREA DEVELOPMENT MAGAZINE
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