Nucor to modernize Ohio bar mill

Nucor Corp., a Charlotte-based steel minimill operation, has announced plans to invest $85 million to upgrade the rolling mill at its steel bar mill in Marion, Ohio. Nucor Steel Marion says it is the largest producer of rebar and signpost in Ohio. The mill can produce more than 400,000 tons of steel products annually.

"Our Marion mill recently celebrated its 100th year of steelmaking. With this project to modernize the rolling mill, we are investing in the next 100 years," says John Ferriola, chairman, CEO and president of Nucor. "Updating the technology used in the rolling mill will help Nucor Steel Marion maintain a cost-competitive position by reducing operating costs, allowing us to better serve our customers in Ohio and surrounding states."

"We are excited to bring this modernization project to Ohio that will enhance our ability to produce the most-efficient and highest-quality recycled steel available in the market," says Mike Hess, general manager of Nucor Steel Marion. "We are especially proud to make this investment in the Marion community. We would like to thank Gov. John Kasich, our local officials, our teammates and the entire community for their support of this project. We also want to thank the [Trump] administration for making strong trade enforcement a priority and for its commitment to restoring American manufacturing."

Nucor Steel Marion employs 265 people and has an annual payroll of approximately $23 million, making it one of the highest salary manufacturers in Marion County and the state of Ohio, the company says. The modernization project has the potential to add an additional 15 jobs at the mill.