CHARLOTTE, N.C. — Nucor Corporation announced that it will build a new rebar micro mill in Lexington, North Carolina, which is located in Davidson County. This will be Nucor’s third rebar micro mill, joining existing Nucor micro mills in Missouri and Florida. The Nucor Steel Lexington mill is expected to cost approximately $350 million and have an annual capacity of 430,000 tons. The mill will employ approximately 200 full-time teammates when operational and create an additional 500 temporary jobs during construction, which is expected to take two years pending permit and regulatory approvals.
“We are very excited to grow our steel business here in our home state of North Carolina. The corridor between Washington, D.C., and Atlanta is one of the fastest-growing regions in our nation, and new federal spending for infrastructure will further increase demand for rebar in the region,” said Leon Topalian, President & Chief Executive Officer of Nucor. “Nucor Steel Lexington will produce steel with nearly 100% recycled content, which means our new, modern infrastructure will be made with the most sustainable steel available anywhere in the world.”
Rebar is used primarily in concrete reinforcement for the construction of roads, buildings, bridges and other structures. Nucor produces steel by recycling scrap metal into new steel products, making the Company one of the most sustainable steel producers in the world. Nucor steel bar products contain 97% recycled content.
“We would like to thank Governor Roy Cooper, Commerce Secretary Machelle Baker Sanders and other state officials, Davidson County, the City of Lexington and the City of Thomasville for their help and support of this project. We are excited to grow our Nucor family in this area and to partner with local schools and non-profit organizations that support members of this community,” said Mike Hess, Vice President & General Manager of Nucor Steel Lexington.
Nucor has 15 bar mills strategically located across the United States that manufacture a broad range of steel products, including concrete reinforcing bars, hot-rolled bars, rounds, light shapes, structural angles, channels, wire rod and highway products in carbon and alloy steels. Four of the bar mills have a significant focus on manufacturing SBQ and wire rod products. Steel produced by Nucor bar mills serves numerous end-use markets, including the agricultural, automotive, construction, energy, furniture, machinery, metal building, railroad, recreational equipment, shipbuilding, heavy truck and trailer market segments. Nucor’s steel bar production capacity is estimated at approximately 9,560,000 tons per year.
Nucor has operated its corporate headquarters in Charlotte, North Carolina since 1966. The Company directly and through affiliates employs approximately 800 teammates in the state, including a steel plate mill in Hertford County, a Harris Rebar fabrication facility in Lumberton and three scrap recycling facilities, which will provide raw materials for the new mill.
Tagged with Nucor