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02-06-2009, 12:05 PM
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Real Estate Agent
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Join Date: Jan 2009
Location: Hot Springs, AR
99 posts, read 62,288 times
Reputation: 44
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Nucor Steel in Blytheville, Rumors
I've heard rumors that Nucor Steel in Blytheville is going to start decreasing their production by running 2 weeks on/2 weeks off. This would devastating for local truck drivers and many others depending on this industry. Any comments?
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02-16-2009, 10:44 AM
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Senior Member
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Join Date: Mar 2008
Location: Izard County, AR
1,103 posts, read 698,574 times
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I think this was covered on "60 Minutes" last night.
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02-17-2009, 10:44 PM
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Real Estate Agent
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Join Date: Jan 2009
Location: Hot Springs, AR
99 posts, read 62,288 times
Reputation: 44
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Thanks, I'll see if I can find any info on it.
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02-18-2009, 09:42 AM
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Senior Member
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Join Date: Mar 2008
Location: Izard County, AR
1,103 posts, read 698,574 times
Reputation: 536
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Quote:
Originally Posted by HotSpringsLiving
Thanks, I'll see if I can find any info on it.
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Should be some around.
IIRC, the issue was that they were losing a lot of their contracts due to the down swing.
The unique thing is, everbody gets paid according to production, not hourly. Although they're not laying anybody off, employees said they were making about 50% this year of what they made a year ago. |
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02-21-2009, 05:02 PM
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Junior Member
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Join Date: Feb 2009
Reputation: 10
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Quote:
Originally Posted by HotSpringsLiving
I've heard rumors that Nucor Steel in Blytheville is going to start decreasing their production by running 2 weeks on/2 weeks off. This would devastating for local truck drivers and many others depending on this industry. Any comments?
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It wouln'nt surprise me,I haul for the crawfordsville In. and blytheville plants and I was told on 2/21 that the c-ville plant is shutdown till some time in march or atleast the furances are shut down till then.. scary times.... my company has sold 4 trucks and thinking about 2 more and had layed off drivers for the first time ever.. |
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02-21-2009, 10:25 PM
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Real Estate Agent
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Join Date: Jan 2009
Location: Hot Springs, AR
99 posts, read 62,288 times
Reputation: 44
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Scary times... definitely. Good luck to you and your company.
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02-22-2009, 07:58 AM
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Senior Member
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Join Date: Oct 2007
4,474 posts, read 2,008,732 times
Reputation: 5128
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Here in Minnesota, I saw a tv special on the Nucor plant in Blythville and the reporter did a tour.
The purpose was to show how much the stimulus bill would help Nucor cuz the steel from the infrastucture stimulus would have to come from the US and not be imported from Japan or China.
(the CEO of Caterpillar also was featured as he did NOT want the "US provision" in the stimulus bill for fear of trade retaliation)
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