The News-Enterprise Mar 27, 2019
North Carolina-based Nucor will open a $1.35 billion plant in Brandenburg; it was announced this afternoon at a news conference.
Nucor, the largest steel and steel products producer in the United States, is expected to employ about 400 workers when it is completed. The average salary according to company officials will be $72,000 per year, said Nucor CEO John J. Ferriola.
The 1.5-million-square-foot facility will sit on 900 acres in the Buttermilk Falls Industrial Park along the Ohio River in Brandenburg, according to a news release. With a production capacity of 1.2 million tons per year, the steel mill will enhance Nucor’s ability to serve customers throughout the region and meet needs for the company’s customers nationwide, the release stated.
A Fortune 500 Company, Nucor totaled more than $20 billion in revenue last year.
Nucor operates more than 200 operating facilities in North America and has more than 25,000 employees.
Kentucky Gov. Matt Bevin and Meade County economic development leaders made the announcement at the Meade County College and Career Center.
