The New York Entrepreneur

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

Read Time:36 Second

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.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post : Sonos to cut 7% of workforce and scale back real estate in cost cutting
Next post : Imax’s stock repurchase program extended to 2026, with availability to reduce shares outstanding by 19%