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Nucor Corporation will build its new tube mill on the site of its Nucor Steel Gallatin sheet mill in Kentucky. This location will allow the company to take advantage of investments Nucor has made to expand capacity of the Gallatin mill and add a galvanizing line.
The $164 million investment project is expected to be in operation by the middle of 2023.
"With our recent investments to expand capacity at Nucor Steel Gallatin and add a galvanizing line, our Gallatin campus is an ideal location to build our new tube mill," said Leon Topalian, president and CEO of Nucor. "The new tube mill will allow us to better serve our customers in the construction, infrastructure and renewable energy markets."
The new tube mill will have the capacity to produce approximately 250,000 tons of hollow structural section steel tubing, mechanical steel tubing and galvanized solar torque tube. The Kentucky location puts the new tube mill near expanding solar markets in the U.S. and the largest consuming regions for HSS steel tubing, the company claims.
"We have found Kentucky to be a great state to grow our business. We would like to thank Governor Beshear, officials with the Kentucky Cabinet for Economic Development, and local officials in Gallatin County for their support of this project and our other investments in the state," said Rex Query, executive vice president of sheet and tubular products for Nucor.
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