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Ternium's $1.1 Billion Steel Complex Backs Mexico's Auto Industry, an Industrial Info News Alert

ID: 1150241

(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 09/12/12 -- Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas) -- Operations will begin in July 2013 at (NYSE:TX) (Luxembourg) new Pesqueria steel complex in Mexico. An investment of $1.1 billion has been made in the project, which will produce high-specification steel products for the automotive industry, which is looking to increase annual auto production to over one million units over the next three years. When Mexican President Felipe Calderon visited the plant, he said, "Ternium's Pesqueria plant represents the most significant single company investment in Nuevo Leon over the last 10 years."

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 12.09.2012 - 04:10 Uhr
Sprache: Deutsch
News-ID 1150241
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