Nucor Corporation’s board of directors approved the construction of a galvanizing line at the company’s sheet mill in Arkansas.
The new galvanizing line is a $240 million investment with an annual capacity of approximately 500,000 tons. It is expected to be operational in the first half of 2021.
The project complements the $230 million investment currently underway to construct a specialty cold mill complex at Nucor Steel Arkansas. These projects are important components of Nucor’s long-term strategy for profitable growth and will accelerate the company’s goal of increasing its automotive market share.
Published in the July 2018 Edition