Nucor announced a $59 million investment to expand its Vulcraft Indiana manufacturing facility in St. Joe, Indiana. The expansion will add capabilities to produce steel grating products and is expected to create 20 new full-time jobs at the site, which currently employs more than 300 teammates.
What it means
The investment marks Nucor’s fourth major investment in Indiana in recent years. The company previously announced a $290 million modernization of sheet mill operations in Crawfordsville in 2022 and plans for a $115 million utility infrastructure production facility near Crawfordsville in 2023. Nucor also invested $28.5 million to build an insulated metal panel production facility in Waterloo, adjacent to its existing Nucor Building Systems Indiana campus, which began operations in 2021.
According to the company, these recent investments have created approximately 300 new jobs in the state. Nucor now employs more than 2,600 teammates at more than a dozen locations across Indiana. Vulcraft, which Nucor acquired in 1962, operates nine facilities across North America with an annual joist and deck production capacity of approximately 1.2 million tons. The St. Joe facility opened in 1972 as the company’s fifth Vulcraft plant. Vulcraft products, including open-web steel joists, joist girders and steel decking, serve as structural support systems for roofs and floors in nonresidential construction projects such as warehouses, data centers, manufacturing facilities, retail stores, schools and hospitals.
Key facts
- $59 million investment to expand Vulcraft Indiana facility
- 20 new full-time jobs expected from the expansion
- St. Joe, Indiana location
- Adds steel grating production capabilities
- Fourth major Nucor investment in Indiana in recent years
- More than 300 current employees at the St. Joe facility
- Approximately 300 new jobs created in Indiana by recent investments
- More than 2,600 total Nucor employees across Indiana
Source: Nucor news release (PR Newswire)