Nucor Plans $350 Million Investment in RTW North Carolina

North-Carolina-NILRR

Nucor is expanding soon in Right to Work Lexington, North Carolina. In order to do this, the company is investing a total of $350 million toward the project. This isn’t their first Right to Work state investment, and it surely won’t be their last. For this one in particular though, Nucor is also creating 180 new jobs or more for this part of North Carolina. So this is exciting news for the area’s economy!

From The Charlotte Observer:

“The corridor between Washington, D.C., and Atlanta is one of the fastest-growing regions in our nation, and new federal spending for infrastructure will further increase demand for rebar in the region,†Nucor president and CEO Leon Topalian said in the news release.

The average salary for at least 180 jobs at Nucor Steel Lexington will be about $99,660, according to a Gov. Roy Cooper’s office. That’s more than double the average wage in Davidson County of $45,117.

THE CHARLOTTE OBSERVER

But this isn’t the only major investment either. Read about all the other recent and upcoming investments from Nucor in The Charlotte Observer.

To read the previous economic development update on Right to Work states, click here.

To read more updates on Right to Work states, click here.


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