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Nucor Selects Brigham City, Utah As Location for Western United States Building Systems Facility

Posted on: Thursday, 28 September 2006, 09:01 CDT

CHARLOTTE, N.C., Sept. 28 /PRNewswire-FirstCall/ -- Nucor Corporation announced today that it has selected Brigham City, Utah as the location for a new facility to produce metal building systems and components. In May 2006, Nucor announced plans to construct, in the western United States, its fourth metal building systems plant. The facility is expected to cost approximately $27 million and to employ more than 200 people. Operations are expected to begin by the first quarter of 2008. Annual capacity will be approximately 45,000 tons.

Nucor Building Systems - Utah advances Nucor's strategy to grow profitable market share in this value-added business. With plants in Indiana, South Carolina, Texas and Utah, Nucor Building Systems will have a national reach and combined annual capacity of more than 190,000 tons.

"We are excited by this attractive opportunity to continue Nucor's growth in the pre-engineered metal buildings market - and expand our highly profitable vertical integration business model," said Daniel R. DiMicco, Nucor's Chairman, President and Chief Executive Officer. Hamilton Lott, Jr., Executive Vice President, stated: "The addition of this plant will increase our building systems capacity by 30%. We are very pleased to expand our presence in the state of Utah - where Nucor has enjoyed an extremely strong 25-year record of manufacturing success, with both our Vulcraft joist plant also located in Brigham City and our bar steel mill located in Plymouth."

Nucor and affiliates are manufacturers of steel products, with operating facilities in seventeen states. Products produced are: carbon and alloy steel - in bars, beams, sheet and plate; steel joists and joist girders; steel deck; cold finished steel; steel fasteners; metal building systems; and light gauge steel framing. Nucor is the nation's largest recycler.

Certain statements contained in this news release are "forward-looking statements" that involve risks and uncertainties. Factors that might cause the Company's actual results to differ materially from those anticipated in forward-looking statements are outlined in Nucor's regulatory filings with the Securities and Exchange Commission, including those in Nucor's December 31, 2005 Annual Report on Form 10-K. The forward-looking statements contained in this news release speak only as of this date, and Nucor does not assume any obligation to update them.

Nucor Corporation

CONTACT: Nucor Executive Offices, +1-704-366-7000, or Fax,+1-704-362-4208

Web site: http://www.nucor.com/

Source: PRNewswire-FirstCall

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