Nucor Corp., Charlotte, North Carolina, has announced plans to build an electric arc furnace, or EAF, rebar micromill in Lexington, North Carolina, in Davidson County.
The company says the mill will employ 200 full-time workers when operational and create an additional 500 temporary jobs during construction, which is expected to take two years, pending permit and regulatory approvals.
"We are very excited to grow our steel business here in our home state of North Carolina,” says Leon Topalian, president and CEO of Nucor. “The corridor between Washington, D.C., and Atlanta is one of the fastest-growing regions in our nation, and new federal spending for infrastructure will further increase demand for rebar in the region.”
Topalian adds that the mill will produce steel with nearly 100-percent-recycled content. Currently, Nucor steel bar products contain 97-percent-recycled content.
"We would like to thank Gov. Roy Cooper, Commerce Secretary Machelle Baker Sanders and other state officials, Davidson County, Lexington and Thomasville for their help and support of this project,” says Mike Hess, vice president and general manager of Nucor Steel Lexington. “We are excited to grow our Nucor family in this area and to partner with local schools and non-profit organizations that support members of this community."
Last year, Nucor announced it was looking at the South Atlantic region to construct a rebar micromill with spooling capabilities.
“We have recently executed two successful rebar micromill startups and believe the East Coast market will be in need of additional rebar supply in the coming years, particularly with the recent passage of the infrastructure spending bill,” Topalian said previously. “Rebar has been a core business for Nucor since we got into steelmaking, and this project will enable us to maintain our leadership position in the rebar market.”