Tariffs enabled top US steelmaker Nucor to build new billion-dollar plant, says CEO

Date Published01/29/2019
Author NameElizabeth Gurdus
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nucor Corporation
Parent companyNucor Corporation
Type of work Manufacturing
Reshoring category:Reshoring
Capital investment ($):1300
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredplate steel
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Image/brand, Impact on domestic economy, Other, import replacement
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