Nucor invests $59M in Vulcraft Indiana
Analysis based on 9 articles · First reported Aug 13, 2026 · Last updated Aug 13, 2026
Nucor Corporation announced on August 13, 2026, that it will invest $59 million to expand its Nucor — Vulcraft United States — Indianapolis manufacturing facility in St. Joe, United States — Indianapolis. The investment will add capabilities to produce steel grating products and is expected to create 20 new full-time jobs, adding to the more than 300 teammates currently employed at the facility. This marks Nucor's fourth major investment in United States — Indianapolis in recent years, following a $290 million modernization of its sheet mill in Crawfordsville (2022), a $115 million utility infrastructure production facility (2023), and a $28.5 million insulated metal panel facility in Waterloo (2021). Together, these investments have created approximately 300 new jobs in United States — Indianapolis, and Nucor now employs more than 2,600 teammates across the state. Nucor — Vulcraft, acquired by Nucor in 1962, is the nation's leading producer of open-web steel joists, joist girders, and steel decking used primarily in nonresidential construction. The expansion strengthens Nucor's downstream production capabilities and supports its 'Grow the Core and Expand Beyond' strategy.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard