Nucor to Build New $350 Million Micro Mill in North Carolina

URLhttps://www.industryweek.com/leadership/growth-str
SourceIndustry Week
Date Published04/11/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nucor Corp
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):200
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
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) reshoredsteel bars, rebar
What domestic positive factors made reshoring more attractive?Infrastructure, Biden- infrastructure bill
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