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Nucor to invest $280M to modernize Tuscaloosa plate mill · Endata

◂ Announcements

Nov 1, 2023EXPANSIONTuscaloosa, Alabama, United States

Nucor to invest $280M to modernize Tuscaloosa plate mill

Nucor Corporation approved $280 million to modernize its steel plate mill in Tuscaloosa, Alabama. The investment will upgrade the rolling mill to strengthen competitiveness and open new market opportunities.

Value

$280.0M

Starts operating

Q3 2027

Status

Announced

Productssteel plate

CompaniesNucor

Sectors#Steel and Metal Products

“The modernization and upgrade of the rolling mill at Tuscaloosa is an important investment that will keep our mill competitive in the global steel industry”investors.nucor.com

2 sources
investors.nucor.comNucor - Nucor to Build New Mill Stand at Tuscaloosa Plate MillNov 17, 2023
manufacturingdive.comNucor plans $280M Alabama plant expansion | Manufacturing DiveSara SamoraDec 5, 2023

Summarized from public sources; check the original articles before acting on it.

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Jun 20, 2023EXPANSION$20.0B
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