Nucor Announces Plans to Build Galvanizing Line at Arkansas Sheet Mill

11 May 2018 

Nucor Corporation's (NYSE: NUE) Board of Directors approved the construction of a galvanizing line at the company's sheet mill in Arkansas to support Nucor's growth into a wider and more diverse set of strategic end-market applications. The new galvanizing line is a $240 million investment with an annual capacity of approximately 500,000 tons. It is expected to be operational in the first half of 2021.

This project complements the $230 million investment currently underway to construct a specialty cold mill complex at Nucor Steel Arkansas. These projects are important components of Nucor's long-term strategy for profitable growth and will accelerate the company's goal of increasing its automotive market share.

For the full press release, visit nucor.com

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