Nucor Towers & Structures Expanding Nationwide Footprint
Nucor (NYSE: NUE) has announced plans to build its third utility structures production facility in Brigham City, Utah, with a $200 million investment that will create 200 full-time jobs. This facility joins two other facilities under construction in Decatur, Alabama, and Crawfordsville, Indiana.
The new Utah facility will be built on Nucor's existing campus and will feature highly automated operations and advanced hot-dip galvanizing capabilities. The strategic location aims to meet growing utility infrastructure demand in the western U.S., driven by distributed energy projects, data centers, and population growth.
The company expects to begin production at its Alabama and Indiana facilities in the first and second half of 2025, respectively. The Utah facility will receive plate and sheet products from Nucor steel mills via rail and will have a freight advantage compared to regional competitors.
Nucor (NYSE: NUE) ha annunciato piani per costruire il suo terzo stabilimento di produzione di strutture per utilità a Brigham City, Utah, con un investimento di 200 milioni di dollari che creerà 200 posti di lavoro a tempo pieno. Questo stabilimento si aggiunge ad altri due in costruzione a Decatur, Alabama, e Crawfordsville, Indiana.
Il nuovo stabilimento dell'Utah sarà costruito nel campus esistente di Nucor e presenterà operazioni altamente automatizzate e avanzate capacità di zincatura a caldo. La posizione strategica mira a soddisfare la crescente domanda di infrastrutture per utilità nel territorio occidentale degli Stati Uniti, spinta da progetti di energia distribuita, centri dati e crescita della popolazione.
La società prevede di iniziare la produzione nei suoi stabilimenti in Alabama e Indiana nella prima e nella seconda metà del 2025, rispettivamente. Lo stabilimento dell'Utah riceverà prodotti in lamiera e in foglio dalle acciaierie Nucor tramite ferrovia e avrà un vantaggio competitivo rispetto ai concorrenti regionali.
Nucor (NYSE: NUE) ha anunciado planes para construir su tercera planta de producción de estructuras para utilidades en Brigham City, Utah, con una inversión de 200 millones de dólares que creará 200 empleos a tiempo completo. Esta planta se une a otras dos que se están construyendo en Decatur, Alabama, y Crawfordsville, Indiana.
La nueva instalación en Utah se construirá en el campus existente de Nucor y contará con operaciones altamente automatizadas y avanzadas capacidades de galvanización en caliente. La ubicación estratégica tiene como objetivo satisfacer la creciente demanda de infraestructura de utilidades en el oeste de EE. UU., impulsada por proyectos de energía distribuida, centros de datos y el crecimiento de la población.
La compañía espera comenzar la producción en sus instalaciones de Alabama e Indiana en la primera y segunda mitad de 2025, respectivamente. La planta de Utah recibirá productos de placas y láminas de las acerías Nucor a través del ferrocarril y tendrá una ventaja en el transporte en comparación con los competidores regionales.
뉴코어 (NYSE: NUE)는 유타주 브리검 시티에 유틸리티 구조물 생산 시설을 세 번째로 건설할 계획을 발표했으며, 2억 달러의 투자로 200개의 정규직 일자리를 창출할 것입니다. 이 시설은 앨라배마주 디케이터와 인디애나주 크로포드스빌에 건설 중인 두 개의 시설과 함께하게 됩니다.
유타의 새로운 시설은 뉴코어의 기존 캠퍼스에 건설되며, 고도 자동화된 운영과 첨단 열간 아연 도금 능력을 갖추게 됩니다. 전략적인 위치는 분산 에너지 프로젝트, 데이터 센터 및 인구 성장에 의해 촉발된 서부 미국의 유틸리티 인프라 수요 증가에 부응하는 것을 목표로 하고 있습니다.
회사는 앨라배마주와 인디애나주의 시설에서 각각 2025년 상반기와 하반기에 생산을 시작할 것으로 예상하고 있습니다. 유타 시설은 뉴코어 제철소에서 철도로 판재 및 시트 제품을 수령하고, 지역 경쟁업체에 비해 운송 이점을 가질 것입니다.
Nucor (NYSE: NUE) a annoncé des projets pour construire sa troisième installation de production de structures utilitaires à Brigham City, Utah, avec un investissement de 200 millions de dollars qui créera 200 emplois à temps plein. Cette installation s'ajoute à deux autres en construction à Decatur, Alabama, et Crawfordsville, Indiana.
La nouvelle installation de l'Utah sera construite sur le campus existant de Nucor et disposera d'opérations hautement automatisées ainsi que de capacités avancées de galvanisation à chaud. L'emplacement stratégique vise à répondre à la demande croissante d'infrastructures utilitaires dans l'ouest des États-Unis, alimentée par des projets d'énergie distribuée, des centres de données et une croissance de la population.
L'entreprise s'attend à commencer la production dans ses installations de l'Alabama et de l'Indiana au cours de la première et de la deuxième moitié de 2025, respectivement. L'installation de l'Utah recevra des produits en plaques et en feuilles des aciéries Nucor par rail et bénéficiera d'un avantage logistique par rapport à ses concurrents régionaux.
Nucor (NYSE: NUE) hat Pläne angekündigt, sein drittes Werk zur Produktion von Versorgungs-strukturen in Brigham City, Utah, zu bauen, mit einer Investition von 200 Millionen US-Dollar, die 200 Vollzeitstellen schaffen wird. Dieses Werk kommt zu zwei weiteren Einrichtungen, die derzeit in Decatur, Alabama, und Crawfordsville, Indiana, im Bau sind.
Das neue Werk in Utah wird auf dem bestehenden Campus von Nucor errichtet und wird hochautomatisierte Abläufe sowie fortschrittliche Feuerverzinkungskapazitäten bieten. Die strategische Lage zielt darauf ab, der wachsenden Nachfrage nach Versorgungsinfrastruktur im Westen der USA gerecht zu werden, die durch dezentrale Energieprojekte, Rechenzentren und das Bevölkerungswachstum angetrieben wird.
Das Unternehmen erwartet, die Produktion in seinen Werken in Alabama und Indiana in der ersten bzw. zweiten Hälfte des Jahres 2025 zu beginnen. Das Werk in Utah wird Platten- und Blechprodukte von Nucor-Stahlwerken über die Schiene beziehen und wird im Vergleich zu regionalen Mitbewerbern Vorteile im Bereich Fracht haben.
- New $200 million facility investment expanding production capacity
- Creation of 200 new full-time jobs
- Strategic expansion into western U.S. market with growing demand
- Freight advantage over regional competitors
- Highly automated operations promising operational efficiency
- Significant capital expenditure requiring substantial investment
Insights
This
- Geographic advantage: The Utah location provides freight cost advantages and positions Nucor to capture growing regional demand from data centers, EV infrastructure and population growth
- Operational efficiency: The highly automated facility with rail connectivity to Nucor's steel mills creates vertical integration benefits and margin optimization potential
- Market timing: Aligns perfectly with forecasted utility infrastructure buildout and increased capital spending in the Western region
With 200 new full-time jobs and advanced automation, this expansion strengthens Nucor's competitive moat in the utility structures segment while leveraging existing facilities. The investment demonstrates disciplined capital allocation focused on high-growth markets.
The strategic significance of this expansion extends beyond just capacity addition. The Western U.S. is experiencing a perfect storm of infrastructure demand drivers:
- Grid modernization requirements for renewable energy integration
- Rapid data center proliferation requiring robust power infrastructure
- EV charging network expansion necessitating upgraded utility structures
The facility's automation and straight-line production, combined with advanced galvanizing operations, positions Nucor to deliver higher-quality products with shorter lead times. This technological edge, coupled with the freight advantage in the Western market, creates a compelling competitive barrier against imports and regional competitors.
The integration of this Utah facility into Nucor's existing operational footprint showcases masterful supply chain optimization. By receiving plate and sheet products directly from Nucor mills via rail, the company creates a closed-loop supply chain that:
- Reduces transportation costs and carbon footprint
- Minimizes inventory holding costs
- Ensures consistent raw material quality
The strategic placement in Brigham City leverages existing infrastructure and operational knowledge, while the facility's automation aligns with Nucor's efficiency-focused operational model. This expansion completes a triangle of coverage with Alabama and Indiana facilities, creating an optimal national distribution network.
CHARLOTTE, N.C., Jan. 9, 2025 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the Company's Towers & Structures business unit will build its third state-of-the-art utility structures production facility in
"Nucor has a strong presence in the West and locating this new facility in
An expansive electric transmission buildout is planned in the western
"Nucor has been doing business in
Nucor formed its Towers & Structures business unit in 2022 when the Company acquired Summit Utility Structures LLC, a producer of steel poles and steel structures for utility infrastructure in eastern
About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in
Forward-Looking Statements
Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties which we expect will or may occur in the future and may impact our business, financial condition and results of operations. The words "anticipate," "believe," "expect," "intend," "project," "may," "will," "should," "could" and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company's best judgment based on current information, and, although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this news release. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) U.S. and foreign trade policies affecting steel imports or exports; (3) the sensitivity of the results of our operations to general market conditions, and in particular, prevailing market steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (4) the availability and cost of electricity and natural gas, which could negatively affect our cost of steel production or result in a delay or cancellation of existing or future drilling within our natural gas drilling programs; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the United States; (7) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties and volatility surrounding the global economy, including excess world capacity for steel production, inflation and interest rate changes; (9) fluctuations in currency conversion rates; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; (14) our ability to integrate businesses we acquire; and (15) the impact of any pandemic or public health situation. These and other factors are discussed in Nucor's regulatory filings with the United States Securities and Exchange Commission, including those in "Item 1A. Risk Factors" of Nucor's Annual Report on Form 10-K for the year ended December 31, 2023. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them, except as may be required by applicable law.
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SOURCE Nucor Corporation
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