August 27, 2014
Nucor Steel celebrated 25 years of operation in Montgomery County on Tuesday.
Nearly 600 people attended the milestone event, including local politicians, Nucor Steel executives, present and former Nucor Steel team members and community and civic leaders. The celebration was held under a massive tent on the company’s grounds.
Nucor Steel General Manager Ron Dickerson has been at the local plant since it began. He told those in attendance the reasons Nucor came to Crawfordsville in 1988 is all around them.
“The reasons Nucor located in Crawfordsville are all around us,” Dickerson said. “A solid infrastructure of energy and transportation, but more importantly, it was because of the right people and the right workforce and the right community.”
Since Nucor first started producing the revolutionary thin-slab steel, the company has been pro-active in the Montgomery County community. The local chapter of the American Red Cross was a recipient of the company’s goodwill during the celebration. Nucor’s Chris Cox invited Denise Maxwell, the local ARC executive director, to the podium and presented her with a check for $25,000.
Craig Reeves, director of the Boys & Girls Club of Montgomery County, also spoke at the celebration. He said it was Nucor’s generous gift of $250,000 that helped spearhead the community’s effort to build a new facility to house the organization.
“In 1988 Nucor donated $250,000 to help fund a new building and they continue today to support our operations,” Reeves said. “Nucor Steel has been a valuable asset to the Boys & Girls Club and to the community.”
Kelly Taylor, executive director of the Montgomery County Community Foundation, also praised Nucor for being a leader in the community.
“Nucor leads our community as an employer and as a leader in environmental management,” she said. “Nucor is a leader in gifts to non-profits. Nucor strengthens our community.”
Taylor also announced a new fund, the Nucor Fund, is now available through MCCF that will distribute funds to local non-profits.
Crawfordsville Mayor Todd Barton also spoke at the event. Barton, who was a member of the Crawfordsville Fire Department in 1988, complimented Nucor Steel and its teammates.
“Nucor has become synonymous with doing things the right way,” Barton said. “Nucor has set the standard for being a good corporate citizen.”
John Ferriola, Nucor chairman, CEO and president, talked about the risk the company took when it introduced the new thin-slab technology at Crawfordsville.
“The initial investment of $260 million was a bet-the-company investment,” Ferriola said. “It took incredible vision.”
Ferriola said the Crawfordsville Division of Nucor Steel has been successful. The company has made $1.8 billion in profits. A total of $1.3 billion has been paid out in payroll and $78 million has been paid in taxes.
In closing, Ferriola made a commitment.
“I want to look to the future,” he said. “I promise there will be a Nucor Steel in Crawfordsville, Ind., 25 years from now.”
Each attendee was presented with a book created by the Journal Review in a partnership with the Nucor staff.