FRANKFORT, Ky. (Sept. 7, 2018) – Gov. Matt Bevin today congratulated Nucor Corp. on its plans for a $650 million, 70-job expansion at its mill near Ghent, Nucor Steel Gallatin, and thanked the company for its ongoing commitment to the commonwealth.
“Nucor is doing incredible things at its Kentucky steel mill. We are excited that, after a substantial investment in 2017, the company has decided to move forward with its phase II project and create additional job opportunities for the county and surrounding communities,” Gov. Bevin said. “The steel and primary metals industry are a driving force behind the commonwealth’s surging economy, and this announcement reflects the distinct advantages we have to offer engineering and manufacturing companies. Nucor is certainly a major player in this industry, and we are grateful for their commitment to continue forging success right here in Kentucky.”
This second phase will increase the mill’s annual capacity from 1.6 million tons of coiled sheet steel to approximately 3 million tons. As well, it will allow the mill to produce coils up to 73 inches wide.
In May 2017, Nucor announced its phase I project; construction of a new building and installation of galvanizing and pickling lines. That phase, expected to open in the first half of 2019, represents a $176 million investment creating 75 full-time jobs. The two phases position the mill to produce substantially more, wider and value-added products, suitable for a broader range of manufacturers and products.