Louisiana Issues Air Quality Permit for Nucor

Nucor Corp. reports that the Louisiana Department of Environmental Quality has issued an air quality permit for a steel mill the company is looking to build in St. James Parish, Louisiana.

Last year, the company completed multiple land acquisitions, bringing its total ownership to more than $50 million and nearly 4,000 acres on the Mississippi River.

"We remain very excited about this process and the prospect of doing business in Louisiana and St. James Parish," says John Ferriola, Nucor's COO of Steelmaking Operations. "We would like to thank Governor Bobby Jindal, Economic Development Secretary Stephen Moret, and the men and women of St. James Parish, who continue to support this project and the jobs it will bring to Southeast Louisiana."

In a release, Nucor notes that while receiving the permit is positive, the company still faces a number of hurdles, including climate legislation and regulation pending before Congress and the Environmental Protection Agency, which would make construction of a facility in the United States economically unviable, the issuance of this permit will allow the company to move forward in its site selection process.