Consultants Forum Advertise
Subscribe
Area Development Magazine Current Issue

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development

Nucor Rebar Fabrication Plans Lexington, North Carolina, Operations

06/27/2024
Nucor Rebar Fabrication, a fabricator of concrete reinforcing steel, plans to establish operations in Lexington, North Carolina. The more than $20 million project is expected to create 20 jobs in Davidson County.

The new rebar fabrication facility will be located adjacent to the new steel rebar micro mill Nucor is currently building.

“We are excited to be adding a rebar fabrication facility at the site of our new steel mill in Lexington. Nucor has a history of making additional investments in communities where we make steel,” said John Hollatz, Executive Vice President of Fabricated Construction Products for Nucor. “With the growth North Carolina and other southeastern states are experiencing, there is a need for additional rebar fabrication in the region to serve infrastructure and nonresidential construction projects.”

To support the project a performance-based grant of $50,000 from the One North Carolina Fund was awarded to Nucor Rebar Fabrication North Carolina Inc. The OneNC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All OneNC grants require a matching grant from local governments and any award is contingent upon that condition being met.

“Manufacturing is a pillar for North Carolina’s economic success,” noted N.C. Commerce Secretary Machelle Baker Sanders. “With our world-renowned educational system, extensive workforce training programs, and the largest manufacturing workforce in the Southeast, our talent pipeline is ready to meet the present and future needs of growing companies like Nucor.”

Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina (EDPNC) on the project were the North Carolina General Assembly, the North Carolina Community College System, the GoldenLEAF Foundation, Davidson County, the City of Thomasville, the City of Lexington, and the Davidson County Economic Development Commission.

Nucor Rebar Fabrication, an affiliate of Nucor Corporation, is a construction services company that fabricates, installs, and distributes rebar to a variety of infrastructure and building projects.

Podcast

Apple Podcasts Spotify

Magazine

Past Issues
Area Development Magazine Q1 2026
Q1 2026

Receive quarterly issues of Area Development Magazine at no charge for qualified executives and consultants to industry.

Exclusive Research