$25 million CAPEX
The Economic Development Corporation of Utah (EDCUtah), Brigham City, and the Governor’s Office of Economic Development (GOED) are pleased to announce that Nucor Corporation (NYSE: NUE) plans to build a TrueCore manufacturing facility in Brigham City, Utah. The new facility is expected to be operational in 2022 and will employ 50 team members.
“Nucor’s long history of expansion in Utah demonstrates the success they have had with our state’s business climate and workforce,” said Dan Hemmert, executive director of GOED. “We welcome the company’s continued growth.”
The new 120,000 square foot facility will manufacture insulated wall and roof panels using state-of-the-art continuous line equipment. TrueCore produces insulated metal panels used as exterior walls, interior partitions, ceilings, and roofs in the cold storage, commercial and industrial construction markets.
"We are excited to be building our third TrueCore facility in the last three years. Locating in Utah will give us a national footprint and allow us to competitively serve our customers in the western U.S. and Canadian markets," said Conor Lowery, director of operations at TrueCore.
Contingent upon approval and finalization of local tax incentives, the TrueCore facility in Brigham City will join the approximately one dozen facilities operated by Nucor through its divisions, subsidiaries, and affiliates in the state of Utah. Nucor employs about 1,300 teammates in Utah and has been a member of the state's business community since 1979 when the company began building its scrap-based steel bar mill located in Plymouth, Utah.
In Brigham City proper, the company currently operates Nucor Vulcraft Group and Nucor Building Systems facilities. The company’s steel plant in Plymouth has operated for decades and anchors its Box Elder County presence.
“We’re gratified Nucor has selected Brigham City for another expansion,” said Mayor Tyler Vincent. “We believe businesses can succeed in our city and that Nucor’s continued commitment to our community demonstrates just that.”
The Mayor also expressed gratitude to the taxing entity partners that collaborated on a tax incentive proposal, including Brigham City, Box Elder County, Box Elder School District, Bear River Water Conservancy District, and Box Elder Mosquito Abatement District.
“The pandemic has shown us how important a strong industrial base is to our nation’s continued prosperity,” said Theresa A. Foxley, president and CEO of EDCUtah. “Manufacturers like Nucor find Utah a stable and productive base for reshoring and expanding their domestic operations.”
Mike Flynn, chief operating officer, led this project for EDCUtah. For more information contact Mike at 801-328-9742, email@example.com
Investors - If you were involved and would like to add your organization to this list, please email firstname.lastname@example.org.