Ternium Will Invest $1 Billion Dollars to Expand Its Industrial Center in Nuevo Leon

Ternium will invest $1 billion to expand its Center in Nuevo León, focusing on hot rolling, galvanizing, and finishing.
Despite high earnings in the last quarter, their shipments dropped by 8% due to reduced shipments in Mexico.

This was confirmed by Máximo Vedoya, CEO of the steel company. Photo: Ternium.

02/25/2022

In order to increase hot rolling, galvanization, and finishing production, Ternium has confirmed a $1 billion investment to expand its Industrial Center in Pesquería, Nuevo León.

Máximo Vedoya, CEO of the steel company, confirmed the plans and stated that they are in the final stage of launching a new expansion initiative to increase their production capacities, including the addition of a second hot rolling mill, a third galvanization mill, and several finishing lines.

He emphasized that, considering the demand for their products, they have analyzed that the market also requires value-added products such as cold-rolled, pickled, and galvanized steel, particularly for customers in the automotive, appliances, and construction sectors.

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