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Posco Starts Construction of Galvanized Sheet Plant n Mexico
10/16/2007 - Posco recently held a groundbreaking ceremony to celebrate the start of construction of a new galvanized steel sheet plant in Eastern Mexico that will produce 400,000 tons per year of high-end material for automotive applications.
Posco held a groundbreaking ceremony last month to celebrate the start of construction of a new galvanized steel sheet plant at Altamira Harbor in the Tamaulipas State of Eastern Mexico. The facility will produce 400,000 tons per year of high-end material for automotive applications.
More than 200 people attended in the ground-breaking ceremony. In his commemoration speech, President Seok-Man Yoon noted that Mexico has emerged as a center for the automobile industry in North and Central America, with component suppliers as well as world-class automobile manufacturers clustered in the region. He added that Posco would solidify its global status as an automotive steel sheet maker, contributing to Mexico’s development of automobile industry as well as its whole economy by successfully operating the new plant in Mexico.
In its new plant, Posco will produce 400,000 tons/year of high-end steel products for the automotive steel industry, including galvanized steel sheet and galvanized alloyed steel sheet. The galvanized alloyed steel sheet will be produced by heating the freshly galvanized steel at a high temperature to create an alloy layer of zinc and iron on the surface. Posco intends to sell the facility’s products across the Americas, including Mexico. Manufacturing materials will be supplied by Posco.
Mexico has emerged as a center for the automobile industry in North and Central America since its labor costs are relatively low. Major international automobile manufacturers cluster in the region, including GM, DaimlerChrysler, Volkswagen, and Renault-Nissan, as well as more than 1000 leading component manufacturers, such as Autotech and Bentler.
Posco’s construction of the continuous galvanizing facility is expected to serve as a new opportunity to enhance the company’s status as a global auto steel sheet maker. The facility complements the 170,000 ton/year auto steel sheet processing center (POS-MPC) that company started up last March in Puebla, Mexico.
More than 200 people attended in the ground-breaking ceremony. In his commemoration speech, President Seok-Man Yoon noted that Mexico has emerged as a center for the automobile industry in North and Central America, with component suppliers as well as world-class automobile manufacturers clustered in the region. He added that Posco would solidify its global status as an automotive steel sheet maker, contributing to Mexico’s development of automobile industry as well as its whole economy by successfully operating the new plant in Mexico.
In its new plant, Posco will produce 400,000 tons/year of high-end steel products for the automotive steel industry, including galvanized steel sheet and galvanized alloyed steel sheet. The galvanized alloyed steel sheet will be produced by heating the freshly galvanized steel at a high temperature to create an alloy layer of zinc and iron on the surface. Posco intends to sell the facility’s products across the Americas, including Mexico. Manufacturing materials will be supplied by Posco.
Mexico has emerged as a center for the automobile industry in North and Central America since its labor costs are relatively low. Major international automobile manufacturers cluster in the region, including GM, DaimlerChrysler, Volkswagen, and Renault-Nissan, as well as more than 1000 leading component manufacturers, such as Autotech and Bentler.
Posco’s construction of the continuous galvanizing facility is expected to serve as a new opportunity to enhance the company’s status as a global auto steel sheet maker. The facility complements the 170,000 ton/year auto steel sheet processing center (POS-MPC) that company started up last March in Puebla, Mexico.
Posco expects to complete construction of the new galvanizing plant in June 2009.
