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Largest US.. Steel Producer Investing $290M to Modernize Indiana Operations

Indiana Economic Development Corp.

It’s another feather in the cap of the state of Indiana’s economic development corporation as Nucor Corp. has announced an expansion and modernization of its sheet mill operations in Crawfordsville. To support the expansion, the company plans to create 80 new full-time, high-wage positions in Montgomery County by the end of 2024.

“Indiana is pioneering a new energy ecosystem to support sustainability and growth,” said Secretary of Commerce Brad Chambers. “As the largest recycler in North America, Nucor sets the bar high for sustainable manufacturing across our state and the nation, and the company’s investment in Montgomery County will raise that bar even higher.”

The company plans to invest $290 million in the project, adding a construction grade continuous galvanizing line and prepaint line to its operations in Crawfordsville. The galvanizing line will have a capacity of 300,000 tons per year, and the prepaint line will have an annual capacity of 250,000 tons. The upgraded production capabilities will further expand Nucor’s existing operations across North America.

“Investing in Nucor Steel Indiana will allow us to grow our profitability in the Midwest construction region and expand Nucor’s prepaint footprint,” said Rex Query, executive vice president of sheet and tubular products for Nucor Corporation. This investment is part of our strategy to grow our core steel business and expand our portfolio of value-added products.”

Nucor employs nearly 29,000 workers in its locations throughout North America, including 770 in Crawfordsville.

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