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Steel Technologies to Expand New Operation in Juarez, Mexico
11/01/2007 - With startup of its new facility in Juarez, Mexico, Steel Technologies announces plans to further expand its operations with rail service and a new multi-blanking line.
Steel Technologies Inc. has begun initial operations at its new, $8.5 million facility in Juarez, Mexico.
The company also announced plans to expand capacity and service capabilities with the addition of rail service and a new multi-blanking line.
“We are extremely pleased with the start-up and the strong customer reception of our new, world-class steel processing center that has begun serving customers in the fast-growing manufacturing base in the Juarez area,” said Carlos von Rossum, G., General Director for Steel Technologies de Mexico.
The Juarez facility, with slitting and storage capabilities already in operation, expands the company's Mexican platform to six facilities. Steel Technologies now operates processing facilities in Monterrey, Matamoros, and Juarez, and distribution centers in Queretaro, Puebla and Saltillo.
“We intend to continue to build strategically upon our North American platform of operations to best serve our customers and view the Mexico expansion as a key part of this strategy,” commented Brad Ray, CEO of Steel Technologies.
The company entered the Mexican market in 1994 and has continued to grow through Greenfield expansion.
Steel Technologies Inc., a wholly owned subsidiary of Mitsui & Co. (U.S.A.), Inc., processes flat-rolled steel to specific thickness, width, temper, finish and shape requirements for automotive, appliance, lawn and garden, office furniture, agriculture, railcar, construction, hardware, and consumer goods. Steel Technologies has 25 facilities, including its joint-venture operations, located throughout the United States, Canada and Mexico.
