Memphis, Tennessee — According to state and local development sources, Nucor Corporation plans to invest $850,000.00 to build out 2,400 square feet of new space in Memphis. The company plans to occupy the new space at 3601 Paul R Lowry Rd in Memphis, on or about 1/1/2024. According to the company website Nucor Corporation and its affiliates manufacture steel and steel products at more than 300 operating facilities primarily in North America. Nucor is the largest steel producer in the United States, operating 24 scrap-based steel mills that have an annual production capacity of more than 27,000,000 tons. Nucor is also North Americas largest recycler, processing approximately 20 million tons of ferrous scrap annually to produce new steel that is 100% recyclable at the end of its useful life. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucors headquarters are located in Charlotte, North Carolina, and the company employs more than 26,000 teammates.

To learn more about Nucor Corporation, visit http://nucor.com/

Company Contact:
Leon Topalian, Chief Executive Officer
leon.topalian@nucor.com
704-366-7000

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