Nucor Building Galv Line at Arkansas
By Metal Center News Staff
on May 11, 2018
Nucor Corp., Charlotte, will build a galvanizing line at the company’s sheet mill in Arkansas. The investment is being undertaken to support the company’s growth into a wider and more diverse set of end markets, most notably gains into the automotive market.
The galvanizing line is a $240 million investment with an annual capacity of 500,000 tons. The line is expected to be operational by the first half of 2021.
The project will complement the existing $230 million investment currently under way to construct a specialty cold-mill complex at Nucor Steel Arkansas.
"At Nucor Steel Arkansas, we are building one of the most modern and efficient steel mills in the world," said John Ferriola, chairman, CEO and president of Nucor. "This new galvanizing line, coupled with our new specialty cold mill complex, will allow us to efficiently produce products beyond the capability of any North American mill, and to have the flexibility to meet current and future demand for advanced high-strength steel products."
The company is also evaluating building additional galvanizing lines at its other sheet mills as part of Nucor's initiative to further expand its sheet business.
"Building this galvanizing line will diversify the product mix at Nucor Steel Arkansas and allow us to better serve our automotive and value-added customers," said MaryEmily Slate, vice president and general manager, Nucor Steel Arkansas. "We are positioning ourselves to become a major supplier to the growing galvanized market in the U.S."