$875M Steel Facility Coming to North Carolina, Along with Hundreds of Jobs
US Forged Rings will invest $875 million in a phased project creating over 700 jobs with average wages 77% above the county average, enhancing local steel manufacturing.
4 Articles
4 Articles
Steel startup plans major factory and hundreds of jobs in northeastern North Carolina
U.S. Forged Rings is expected to announce the site of a new manufacturing project in Hertford County, where steel supplier Nucor has also been accumulating property. Lawmakers last year earmarked millions for a dock to benefit the steel industry in the county.
Hertford County lands steel mill promising $875 million investment, 625 jobs
US Forged Rings plans to invest $875 million and hire 625 workers to establish a factory to manufacture specialty steel products in Hertford County, the governor’s office announced Thursday. The project will involve three phases, according to the company. The facility will be located near the Nucor steel mill that opened in the town of Cofield in 2000. Nucor employs approximately 500 workers there, generating more than $91 million in labor incom…
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium



