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JULY 2006

 

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.


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