The resolution recognizes and celebrates Nucor Day at the State Capitol on March 7, 2024, highlighting Nucor Corporation's significant contributions to the steel industry and its commitment to sustainability. As the largest steel producer in the U.S. and a leader in recycling, Nucor recycles approximately 20 million tons of ferrous scrap metal annually, resulting in a greenhouse gas intensity that is significantly lower than the global average. The company has been a vital part of Arkansas's economy since 1987, operating five facilities in the state and employing nearly 2,800 individuals, all while maintaining a policy of never laying off employees.
Additionally, the resolution emphasizes Nucor's investment in Arkansas, with over $1 billion spent in the last five years to modernize its facilities. Nucor's workforce enjoys competitive salaries, profit-sharing, and educational support, with a scholarship program that has awarded millions to employees and their dependents. The resolution concludes by directing that a copy be sent to Nucor's CEO, Leon Topalian, upon its adoption.