What Does Nucor (NUE) Indiana Utility Pole Expansion Mean For Grid Growth?

Nucor (NYSE:NUE) announced a major expansion of its Indiana facility to manufacture utility poles for power transmission infrastructure. The project will add new production capacity using advanced manufacturing technology to serve power transmission and distribution customers across the United States. Management highlighted expected economic benefits for the local Indiana community, including the creation of high quality manufacturing jobs. This Indiana utility pole expansion deserves to be...