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Nucor to Bring Steel Mill, 300 Jobs to Hertford County, N.C..

Knight Ridder/Tribune Business News

| May 29, 1998 | Hopkins, Stella M. | COPYRIGHT 1999 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Knight Ridder/Tribune Business News

May 30--On Monday morning, Gov. Jim Hunt is expected in Charlotte to join Nucor executives in announcing a $300 million steel mill for an economically depressed county in northeastern North Carolina.

State officials had scheduled a news conference Thursday, but it was called off when negotiations for the land broke down.

Late Friday, Nucor was still wrapping up details to buy about 750 acres from Champion International.

The site is on the Chowan River, near the northeastern N.C. border with Virginia.

"It appears we may have the land settled," Ken Iverson, chairman of the Charlotte-based steel company, said…

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