In March of 2019, Nucor Corporation announced the company’s plans to build a $1.35 billion steel plate manufacturing mill in Meade County. The Nucor plant is expected to employ 400 people with a gross compensation of 37.4 million (wages + benefits). Full-time positions at Nucor Steel Brandenburg will pay an average of $72,000. The value of Nucor Steel Brandenburg’s output is expected to be about $900 million in annual sales.
A study of the economic impact of the Nucor Steel plant has been completed. The purpose of this report is to document and communicate the regional and statewide economic and fiscal importance of the Nucor Steel plate mill to Meade County, the surrounding region, and the Commonwealth of Kentucky. Please click on the link below to view the report.