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 the Arkansas economy. Nucor is the largest steel producer in the U.S. and a leader in sustainability, recycling approximately 20 million tons of ferrous scrap metal annually. The company has been operating in Arkansas since 1987, currently running five facilities and employing nearly 2,800 individuals in the state. Nucor has a strong commitment to its workforce, with a history of never laying off employees and offering competitive salaries and profit-sharing plans.
Additionally, Nucor has invested over $1 billion in its Arkansas operations in the past five years, modernizing its facilities and producing large steel beams used in iconic structures across the country. The company also emphasizes education, providing scholarships to its employees and their dependents, contributing to a total of over $12 million awarded in Arkansas. The resolution aims to honor Nucor's impact on the local economy and its commitment to sustainability and community support.