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SC county OKs ordinances for Nucor growth

Keywords: Tags  Nucor, Darlington, Memphis, Billy Baldwin, tax incentives, special bar quality, merchant bar, rebar equipment upgrades

CHICAGO — The Darlington County (S.C.) Council has voted to approve ordinances to support a major expansion project by Nucor Corp., which operates a steelmaking facility and mill in Darlington that produces merchant bar, special bar quality (SBQ) and reinforcing steel bar, a local official told AMM.

"Their new investment is about $120 million," Billy Baldwin, chairman of the county council, told AMM Friday. "We approved the ordinances (that cover) a fee in lieu of taxes, which Nucor has had ever since it came to Darlington. When they do X number of dollars in improvements, we can extend the existing program or give them a new fee in lieu of taxes. It’s standard procedure for any county in South Carolina, and all are approved through the state."

The "yes" vote came after three readings at council meetings, he said.

"The old fee ran out after probably 15 years. The new fee is extended in two cycles, as many as 30 years," Baldwin said, noting that Nucor is one of the largest employers in the county and "we have a very good working relationship with the company. We are glad to have Nucor in Darlington. They are a progressive company."

According to local reports, Nucor will hire about 25 people at the expanded plant.

A Nucor spokeswoman declined to comment further Friday on the Darlington expansion project.

Nucor also has received a 15-year tax abatement from Shelby County in Tennessee to help support a $103-million expansion of its SBQ steelmaking facility in Memphis (AMM, Feb. 17). The expansion is expected to create 27 jobs in Memphis.

Equipment is being added in Memphis and Darlington to improve the quality and capacity of products sold into such end markets as automotive, heavy equipment, construction and service centers.

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