Nucor Corporation, a leading fabricator of concrete reinforcing steel based in Charlotte, North Carolina, is significantly expanding its operations in Davidson County. The company is making strategic investments and creating job opportunities ahead of the scheduled opening of its $350 million steel rebar micro mill facility.
Governor Roy Cooper's office recently announced that Nucor will introduce a new rebar fabrication facility adjacent to its ongoing construction site in Davidson County. This expansion initiative entails an investment exceeding $20 million and will generate employment for 25 individuals, bolstering the local economy and reinforcing Nucor's commitment to the region.
The decision to expand in Davidson County underscores Nucor's proactive approach to meet growing market demands and enhance operational capabilities in steel production. The new rebar fabrication facility complements the upcoming micro mill, positioning Nucor to cater to the increasing need for high-quality steel products in construction and infrastructure projects across the region.
Nucor's expansion initiative aligns with broader economic development goals outlined by Governor Cooper's administration, aiming to stimulate job growth and foster investment in North Carolina's manufacturing sector. The strategic location of Davidson County, coupled with Nucor's innovative approach to steel fabrication, is expected to drive local employment opportunities and economic prosperity.