N.C. company to build $240M plant in Florida

Nucor Corp. plans to spend $240 million to build a construction rebar mill in Florida, the second such facility the Charlotte-based steel manufacturer has announced in the last five months. Nucor has been on an expansion tear over the last two years. With this latest announcement, Nucor (NYSE: NUE) has totaled nearly $2.4 billion in new construction, acquisitions, or plant expansions since early 2016. “We are building this rebar micro mill in a great and growing market where demand is strong…

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