Office of the Governor Rick Perry

Nucor Steel Jewett Division Investment Announcement

*Note - Gov. Perry frequently departs from prepared remarks.
Wednesday, June 26, 2002  •  Speech

Thank you, Steve (Sen. Steve Ogden), Jim (Jim Darsey, Vice President and General Manager, Nucor Steel – Jewett Division) and Dan (Dan DiMicco, President and CEO, Nucor Corp.).

Mayor Kirkpatrick  (Judi Kirkpatrick, Mayor of Jewett), Sen. Staples (Todd Staples), Rep. Hopson (Charles “Chuck” Hopson)…hard-working employees here at Nucor, family and friends joining in this celebration this afternoon…

What a great day this is for Jewett, Leon County and the surrounding area.

Around the world, Nucor is recognized as the largest steel producer in the United States and as our nation's leading recycler. Nucor stands as a corporation of global stature.

But for more than a quarter of a century here in Jewett, Nucor has simply been known as a proud member of the community…as much a part of this town as cougar football on a fall Friday night.

Over the past 10 years, the facility has led to the creation of more than 500 jobs…contributed more than $1.3 million annually to the local tax base…and spends $75 million with area vendors each year.

Nucor has been more than a business.  You have been a good neighbor.

It’s good to know that with the company’s planned expansion…they will be here for many more years to come.

Today’s announcement by Nucor says a lot of things about this area and East Texas.  It also stands as testament to the many things our state’s rural communities have to offer to companies…a great quality of life…strong personal and family values…an exceptional work ethic…and a strength of character that you don’t just find anywhere else.

The $200 million expansion will allow Nucor to raise its production to one million tons of recycled steel per year.

There will be at least 500 new construction jobs…and more than 3,000 permanent jobs created statewide. 

Adding it all up, the economic impact to our state will total more than $460 million.  In short…this project means good jobs…and a more vibrant Texas. 

And when you work at a company that helps turn 750,000 tons of scrap metal back into usable steel…metal used in everything from automobiles to farm machinery to furniture and recreational equipment… there’s no doubt that the work being done here will have an impact far beyond Texas.

(pause)

The expansion here is simply the latest in economic success stories being witnessed across our state.  In our continuing efforts to strengthen our state’s economy, we’ve passed a record tax cut for small businesses, consumers and property owners…and we have invested in Texas schools because the workers of tomorrow are learning in classrooms today.

The people at Nucor certainly know the importance of a skilled and educated workforce. As governor of this state, I have to commend a company where every child of every employee is eligible to receive a $2,500-per-year scholarship to attend college or vocational school. 

Just so you know…to date…Nucor has awarded more than $1.6 million to 270 students.

Such an investment in a child’s education is an investment in our state’s future.  We want every student to be prepared for the opportunities of the future. 
That means finishing high school, graduating from college, and in many cases jumping into the world of business and the global marketplace….and opportunities in companies such as Nucor that are making a difference.

So today is a big day…not just for Leon County…not just for this part of the state…but for all of Texas.  I want to thank you for inviting me to be here for this celebration of innovation and job creation.

Texas ingenuity and Texas brainpower are…and will continue to be…our greatest commodities. 

Thank you, and God bless you.

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