Nucor Announces US$280M Plate Mill Improvement
11/20/2023 - Nucor Corp.’s board of directors have greenlighted a US$280 million modernization of its Tuscaloosa, Ala., plate mill, the company announced Friday.
“This modernization project will bolster the plate group's position as the most diverse and comprehensive product mix in the industry," said Al Behr, executive vice president for plate and structural products.
Nucor didn’t reveal many details about the project, except to say that it will include a new rolling mill stand.
“The modernization and upgrade of the rolling mill at Tuscaloosa is an important investment that will keep our mill competitive in the global steel industry and open up new market opportunities for our team,” said Brian Phillippi, vice president and general manager of Nucor Steel Tuscaloosa Inc.