MONTGOMERY – Governor Kay Ivey today announced that Nucor Corp. plans to invest approximately $125 million to open an advanced manufacturing facility in Alabama where a new business unit, Nucor Towers & Structures, will produce transmission towers.
Nucor, which already has a significant presence in Alabama, has committed to creating 200 full-time jobs at the facility in Decatur. The positions, which have an average annual compensation of $75,000, will be filled over a four-year period.
“Alabama offers world-class companies like Nucor all the advantages they need to find success, including a skilled workforce, a pro-business environment and a solid support system,” said Governor Ivey. “This investment project is a win for Nucor, Decatur and all of Alabama.”
Charlotte, North Carolina-based Nucor established the new business unit after its 2022 acquisition of Summit Utility Structures LLC and Sovereign Steel Manufacturing LLC, which produces metal poles and other steel…
Governor Ivey Announces Nucor Corp. Plans $125 Million Facility, Crea… , Alyssa Turner , 2023-02-22 16:00:55 , Office of the Governor of Alabama , , [rule_{ruleNumber}] , [rule_{ruleNumber}_plain] , https://governor.alabama.gov/newsroom/2023/02/governor-ivey-announces-nucor-corp-plans-125-million-facility-creating-200-jobs-in-north-alabama/ , https://governor.alabama.gov/newsroom/2023/02/governor-ivey-announces-nucor-corp-plans-125-million-facility-creating-200-jobs-in-north-alabama/ , governor.alabama.gov , https%3A%2F%2Fgovernor.alabama.gov%2Fnewsroom%2F2023%2F02%2Fgovernor-ivey-announces-nucor-corp-plans-125-million-facility-creating-200-jobs-in-north-alabama%2F , Press Releases, #Governor #Ivey #Announces #Nucor #Corp #Plans #Million #Facility #Crea..
[gs-fb-comments]