Nucor to add $115M manufacturing plant in Crawfordsville

URLhttps://www.insideindianabusiness.com/articles/nuc
SourceInside Indiana Business
Date Published06/14/2023
Author NameAlex Brown

Additional Reshoring Information:

Company/Division name Nucor Corp
Parent companyNucor Corp
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):200
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Capital investment ($):115
City reshored to:Crawfordsville
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredsheet steel mill
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount: $3.25 million in conditional tax credits
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