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September 25, 2016 Comments Off on Nucor Spending $230M to Build Arkansas Cold Mill Views: 1543 Arkansas, National News, Southeast

Nucor Spending $230M to Build Arkansas Cold Mill

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Nucor Corp. is supersizing its presence in Blytheville, AR by investing $230 million to build an additional cold mill at the site of its current sheet mill. The expansion at 7301 County Rd. 142 is anticipated to take two years, and bring employment at the plant to 750 workers.

Ducker Worldwide is estimating that the global auto market will need four million tons of high-strength, low-alloy steels by 2025. The cold mill complex will give the Charlotte, NC-based Nucor the capability to fulfill the anticipated demand. It will also provide the company with an advantage over competitors, by supplying both the local and growing Mexican markets.

Nucor is no stranger to investing in Blytheville. In June 2012, the company announced a $115 million expansion to add production of hot rolled steel piling to the steel mill. Such product is used in building infrastructure and marine construction.

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