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Nucor plans to hire 200 people for new utility infrastructure plant in Indiana

Nucor Corp. (NUE) said Wednesday it plans to create 200 full-time jobs for its second utility structures production plant in Crawfordsville, Ind., as part of the growth of its Towers & Structures unit. Nucor stock is up 2.3% in premarket trades. Nucor formed its Towers & Structures unit in 2022 after acquiring Summit Utility Structures LLC, with plans at the time to invest $270 million to build a national business. Nucor said it already employs 2,500 people in Indiana. The new plant will be built next to the Nucor Steel Crawfordsville steel mill.

-Steve Gelsi

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06-14-23 0847ET

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