Nucor Corp. announced this morning it has applied for a permit to build a $2 billion iron plant in St. James Parish. However, the company says it is not certain if it will build the facility. Company officials say they want to build one of the most modern iron-making plants in the world, capable of producing 3 million tons of pig iron.
The plant would create 2,000 construction jobs and 500 permanent jobs, with an average salary of $75,000. Nucor says it could build a second phase that would call for a second furnace, an additional $1 billion investment.
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