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Hurricane Ian Makes Landfall in Florida, a Weather Impact Update

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September 28, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Hurricane Ian made landfall on the southwest coast of Florida Wednesday afternoon as an "extremely dangerous" Category 4 storm, with sustained winds as high as 150 miles per hour, heavy rains and storm surges as high as 16 feet in some areas, according to the National Hurricane Center (NHC).

Landfall occurred near Cayo Costa around 2:05 p.m. Central time. Ian could maintain hurricane strength for several hours as it crosses Florida. Catastrophic wind damage was likely where the core of Ian moved onshore, the NHC said. Hurricane-force winds extended out 40 miles and tropical-storm-force winds out 175 miles.

Companies featured: Duke Energy Corporation (NYSE:DUK), Air Products and Chemicals Incorporated (NYSE:APD), The Mosaic Company (NYSE:MOS), >Nucor Corporation (NYSE:NUE)

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Industry Segment: Power
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