Steel manufacturer announces Frostproof plant

SourceHerald Tribune
Date Published03/13/2018
Author NameKevin Bouffard
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nucor Corp
Parent companyNucor
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):250
Year reshoring announced:2018
Capital investment ($):240
City reshored to:Frostproof
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredsteel rebar
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market, Raw Materials Cost
Government Incentive dollar amount:1.5
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