Governor Greitens and Nucor announce plans to build steel rebar micro-mill in Sedalia
Today, Governor Eric Greitens and Nucor, the largest producer of steel in the United States, announced plans to build a steel rebar micro-mill in Sedalia. Nucor will be investing at least $250 million and the new facility will create more than 250 high paying jobs.
Nucor is 169th on the 2017 Fortune 500 list, with a reported $16.2 billion in revenues for their last fiscal year. The new plant will be Nucor’s 14th bar mill.
“It truly was a statewide effort that won these jobs for Missouri,” Acting Director of Missouri’s Department of Economic Development Rob Dixon said. “We had the Directors of three state departments working on-one-one with Nucor, and we worked with the legislature to get the tools we needed to make Missouri competitive. That didn’t happen in the past. That’s how you know Missouri is open for business.”
Missouri competed with seven different states to secure Nucor’s investment.
“We are excited about this announcement and cannot wait to welcome Nucor to our service region,” said Chuck Caisley, KCP&L Vice President of Marketing and Public Affairs. “What makes this so exciting is the new jobs and opportunities it creates for our customers, our schools and our future workforce. These opportunities will create stronger communities that we cannot succeed without.”
“We congratulate Nucor on this expansion and welcome them to another great Missouri location,” said Ray McCarty, president and CEO of Associated Industries of Missouri. “We look forward to working with Nucor as they grow their business presence in Missouri,” he said.