Company/Division name | Nucor Corp |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 180 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 350 |
City reshored to: | Lexington |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | steel bar, rebar |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure, Proximity to customers/market, Biden- infrastructure bill |
Government Incentive dollar amount: | $19.3 million |