Blog
Nucor Steel Announced To Expand Their Crawfordsville Steel Mill
Nucor announced today a $290 million investment to expand the product capabilities of its Crawfordsville, Indiana steel sheet mill by adding a construction grade continuous galvanizing line and prepaint line. This investment will create 80 jobs and is expected to take two years to complete. The County has offered an incentive package that includes the construction of the Nucor Road overpass over US 136 and tax abatement for real and personal property.
“Investing in Nucor Steel Indiana will allow us to grow our profitability in the Midwest construction region and expand Nucor’s prepaint footprint,” said Rex Query, Executive Vice President of Sheet and Tubular Products for Nucor Corporation. “This investment is part of our strategy to grow our core steel businesses and expand our portfolio of value-added products.”
The construction grade continuous galvanizing line will have a capacity of 300,000 tons per year while the prepaint line will have an annual capacity of 250,000 tons per year. This investment further expands Nucor’s existing galvanizing and prepaint capabilities. Nucor Steel Indiana employs approximately 770 teammates.
Nucor Steel Indiana was Nucor’s first steel sheet mill, starting operations in 1989. The Crawfordsville mill is where Nucor pioneered electric arc furnace (EAF) thin-slab casting. Since this breakthrough, Nucor has continued to invest in advanced sheet steel products and technologies.
“This is a great day for the people of Montgomery County,“ said County Commissioner President John Frey, “I want to thank our local and State officials who have worked hard to make this happen.”
“We want to thank Nucor Steel for investing in our county,” said County Commissioner Jim Fulwider. “They have improved the lives of many of our residents. They have also supported many local organizations and they have invested a tremendous amount in many young people in our county for the last 30 years.”
“Our industries are an important driver of growth in our county, “ said County Commissioner Dan Guard, “and Nucor Steel’s investment shows the importance of working to help our local industries expand right here in Montgomery County.”
“Nucor Steel is a valuable community partner and their investment is a testament to their commitment to our county, “said County Council President Tom Mellish.
“Nucor Steel is the largest taxpayer in the county and their expansion is a great benefit to our residents and businesses, “said Redevelopment Commission President Ron Dickerson.
The County has offered an incentive package that includes the construction of the Nucor Road overpass over US 136 and tax abatement for real and personal property.