Steel Mills
Nucor's Second Utility Tower Plant Will Be in Indiana
June 14, 2023
Nucor said Wednesday the location of its second utility structures production facility will be in Crawfordsville, Ind.
The Charlotte, N.C.-based steelmaker said the new operation it’s building will be located next to the Nucor Steel Crawfordsville steel mill, and is expected to create 200 full-time jobs.
“With this second utility structure production facility, we are expanding our Towers and Structures business and positioning the company to meet the growing demand for utility infrastructure from renewable energy projects, EV (electric vehicle) charging network expansion, and grid hardening,” Leon Topalian, chair, president, and CEO of Nucor, said in a press release.
In 2022, Nucor formed its Nucor Towers & Structures business unit when it bought Summit Utility Structures LLC, a producer of metal poles and other steel structures for utility infrastructure.
Earlier this year, Nucor announced its plans to build the first facility in Decatur, Ala. The company previously said two new utility facilities would have a combined investment of $270 million.
The steelmaker noted that both the Indiana and Alabama facilities “will be highly automated, utilizing efficient straight-line production, and will also include advanced hot-dip galvanizing operations.”
Ethan Bernard, ethan@steelmarketupdate.com
Latest in Steel Mills
Nucor names Batterbee, Bledsoe to HR roles
Nucor Corp. has promoted Thomas J. Batterbee to the position EVP of human resources and talent and appointed Elizabeth Bledsoe to the newly created position of president of human resources and talent.
Millett sees tariffs, CORE case benefiting SDI
Steel Dynamics' top exec thinks Trump’s tariff policies, as well as the results from the recent CORE case, will prove advantageous to the Fort Wayne, Ind.-based steelmaker and aluminum company.
USW digs in on opposition to USS-Nippon deal
“We remain deeply concerned about the national and economic security implications of the subject transaction,” the union stated in the letter dated April 21.
SDI’s Q1 earnings slump on-year, but up sequentially
SDI earnings slip in first quarter year over year, but are up sequentially.
POSCO inks MoU with Hyundai on Louisiana EAF mill
POSCO has signed a Memorandum of Understanding (MoU) with Hyundai Motor Group that includes an equity investment in Hyundai’s previously announced EAF mill set to be built in Louisiana.