Journal News reported that US’s leading steel maker Nucor Corp has spent USD 2.21 million to purchase a 123.66-acre tract in Lexington. According to a Davidson County Register of Deeds filing, the property is at 6776 E US 64 near Kepley Road. The sale was completed 4 November. The seller is TLP Properties Corp of Lexington. In a separate transaction, Nucor paid $2.01 million for 106 acres near Kepley Road. The sellers were 10 individuals or couples. In April, Nucor announced it would build a USD 350 million steel manufacturing plant in Lexington that is projected to create at least 180 jobs between 2023 and 2025. The plant, which will produce steel bar and rebar, the latter typically is used in the construction of roads, buildings, sidewalks and other structures. Nucor manufactures a wide variety of steel and steel products, including carbon and alloy steel sold as bars, beams, sheet and plate, and hollow section tubing.
Journal News reported that US’s leading steel maker Nucor Corp has spent USD 2.21 million to purchase a 123.66-acre tract in Lexington. According to a Davidson County Register of Deeds filing, the property is at 6776 E US 64 near Kepley Road. The sale was completed 4 November. The seller is TLP Properties Corp of Lexington. In a separate transaction, Nucor paid $2.01 million for 106 acres near Kepley Road. The sellers were 10 individuals or couples. In April, Nucor announced it would build a USD 350 million steel manufacturing plant in Lexington that is projected to create at least 180 jobs between 2023 and 2025. The plant, which will produce steel bar and rebar, the latter typically is used in the construction of roads, buildings, sidewalks and other structures. Nucor manufactures a wide variety of steel and steel products, including carbon and alloy steel sold as bars, beams, sheet and plate, and hollow section tubing.