Nucor to build galvanizing facility
Nucor Corporation plans to construct its fourth
sheet steel galvanizing facility. The facility will be located at
Nucor’s existing sheet mill in Decatur, Alabama.
Annual capacity is estimated to be approximately
500,000 tons and the facility will have the ability to produce a
72-inch wide sheet. Total cost to construct this facility is projected
to be approximately $150 million.
Nucor Steel Decatur, LLC, Nucor’s fourth
sheet mill, was a bankrupt operation that was purchased and restarted
in 2002. In August of 2004, Nucor purchased a cold mill located
next to the original facility.
Construction of the galvanizing facility is expected
to begin after resolution of site location, regulatory approvals,
tax matters and various contracts.
|
