Nucor invests $280 million to open new mill at Alabama plant
Dec. 7, 2023
The company will invest $280 million into the project, which is designed to help Nucor Steel Tuscaloosa serve key market segments that are part of the overall Plate Mill Group strategy.
Nucor Corporation has announced plans to upgrade and modernize its facility in Tuscaloosa, Alabama. The company will invest $280 million into the project, which is designed to help Nucor Steel Tuscaloosa serve key market segments that are part of the overall Plate Mill Group strategy. Nucor's Plate Mill Group is made up of three plants, including locations in Hertford County, North Carolina, Brandenburg, Kentucky and Tuscaloosa, Alabama. Currently, the group as an annual capacity of approximately 3 million tons of cut-to-length and discrete plate.
In a recent quote, Brian Phillippi, Vice President and General Manager of Nucor Steel Tuscaloosa, said, “Our Plate Mill Group team has done a phenomenal job executing our strategic shift and greatly improving the profitability of our plate mills. 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 and open up new market opportunities for our team. We appreciate the support we have received from the Tuscaloosa County Economic Development Authority for this project.”
Investing in American Manufacturing - 2023
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