Nucor Steel, the largest steel company in the U.S., built a 256,000-square-foot rebar micro-mill on approximately 440 acres in Frostproof. Polk County competed with South Carolina for the $240 million project which employs 250.
Key Takeaways
Local collaboration and innovative thinking to grow infrastructure capacity
Strategic location for growing product and customer base
Key stakeholder relationships that offered shift and affirmative project assistance
We would like to thank the many state and local officials, leaders and partners who have assisted us with the project. Identifying the right location is an essential part of our rebar micro mill strategy, and this part of central Florida met all the criteria we evaluate. We look forward to becoming a member of the community.”
Dave Sumoski, Executive Vice President of Merchant and Rebar Products
Company Need
Steel is an essential raw material for several key sectors and industries. Polk County is a growing market where there is an abundant supply of scrap to be utilized, recycled and then put back into the economy.
Why Central Florida
With over 11.1 million consumers within a 100-mile radius, Polk County offered a consumption-driven profit margin and regional connectivity. The team at Nucor was looking to expand a regional presence within the Southeast and Polk County competed against multiple locations to land this project.
Results
Partnerships & Collaboration
