# 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.

- Type: Expansion
- Announced: 2023-11-01
- Where: Tuscaloosa, Alabama, United States
- Value: $280.0M
- Starts operating: Q3 2027
- Status: announced
- Products: steel plate
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Nucor](https://endata.com/companies/4347.md)

## Sources

- [investors.nucor.com](https://investors.nucor.com/news/news-details/2023/Nucor-to-Build-New-Mill-Stand-at-Tuscaloosa-Plate-Mill/default.aspx), 2023-11-17: "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"
- [manufacturingdive.com](https://www.manufacturingdive.com/news/nucor-plans-280m-tuscaloosa-alabama-plant-expansion/701329/), 2023-12-05: "The expansion will enable the company to support its expanded steel coil and plate product offerings, producing thinner and stronger plates in the U.S."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.