Nucor Corp. to invest $1.35B to build Kentucky steel mill, creating 400 jobs
BRANDENBURG — Nucor Corp., the nation's largest steel producer, will invest $1.35 billion to build a new sheet mill along the Ohio River in Meade County, creating 400 jobs over 15 years.
The investment, announced by the company Wednesday in Brandenburg, is a huge coup for Kentucky and adds to the state's growing steel and aluminum manufacturing sector.
The 1.5 million-square-foot facility will be built along a swath of bottom land where a grain shipping port is now located.
Jobs created by the project will pay an average of $72,000 annually, Nucor CEO John Ferriola said Wednesday afternoon, during an announcement at Meade County College and Career Center.
Read more: https://www.courier-journal.com/story/money/companies/2019/03/27/kentucky-steel-mill-incentives-approved-400-jobs-expected/3279501002/