Nucor to Build New Mill Stand at Tuscaloosa Plate Mill
About NucorNucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
- CHARLOTTE, N.C., Nov. 17, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the company's Board of Directors approved $280 million to modernize its steel plate mill in Tuscaloosa, Alabama.
- The investment will enable Nucor Steel Tuscaloosa to strengthen its ability to serve key market segments that are part of the overall Plate Mill Group strategy.
- "Our Plate Mill Group team has done a phenomenal job executing our strategic shift and greatly improving the profitability of our plate mills.
- We appreciate the support we have received from the Tuscaloosa County Economic Development Authority for this project," said Brian Phillippi, Vice President and General Manager of Nucor Steel Tuscaloosa.