Charlotte, North Carolina-based Nucor Corporation announced Monday that it has broken ground on its direct reduced iron (DRI) making facility in St. James Parish, Louisiana after receiving the necessary air permit from the Louisiana Department of Environmental Quality in January.
"We are very excited to be here in St. James Parish to break ground on our $750 million DRI facility. This facility is an important investment for our company and the state of Louisiana," said DiMicco. "Our nation's economy has been long-suffering, and strong, solid manufacturing growth is the path back to solid economic growth. At a time when job creation is vital to our nation's economic success, we need more capital investments like this one that are the result of the public and private sectors working together. We would like to thank Governor Bobby Jindal, Economic Development Secretary Stephen Moret, local officials and members of the St. James Parish community for their support of this project."