Nucor broke ground on its newest micro mill in Lexington, N.C., on Friday.
“This mill will be one of the most energy-efficient mills in the world and will make 100% recycled rebar to support tomorrow’s infrastructure,” the company said in a post on LinkedIn.
“With a projected economic impact of $2 billion in the area over the next decade, we’re committed to the growth and sustainability of the region,” the Charlotte, N.C.-based steelmaker added.
Also present were North Carolina Gov. Roy Cooper, Congressman Dan Bishop (R., N.C.), and Davidson county commissioner Todd Yates.
The Nucor Steel Lexington mill is expected to cost ~$350 million and have an annual capacity of 430,000 tons of rebar, employing ~200 full-time workers, the company said in an earlier press release from 2022.
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