Steel Technologies to Expand Operations in Mexico
04/04/2012 - Steel Technologies LLC has secured land in the municipality of Celaya, Mexico, to construct its recently announced flat-rolled steel processing operation. The new 125,000-square-foot facility will be equipped with two slitting lines as well as space for additional equipment.
Steel Technologies LLC has secured land in the municipality of Celaya, Mexico, to construct its recently announced flat-rolled steel processing operation.
The new 125,000-square-foot facility will be equipped with two slitting lines as well as space for additional equipment under consideration. Construction is scheduled to begin in April, and the facility is expected to be fully operational by the end of the year.
"We are committed to bringing value-added services and capabilities to new and existing customers that are growing in the Central and Southern regions of Mexico," said Michael J. Carroll, President and CEO of Steel Technologies. "The new Celaya operation will expand our geographic reach within Mexico and will complement our strong network of steel processing facilities within the country."
Steel Technologies, headquartered in Louisville, Ky., is a leading steel processor in North America. The company processes flat-rolled steel to specific thickness, width, temper, finish and shape requirements for various industries. Steel Technologies is owned as a 50:50 joint venture between Nucor Corp., North America’s leading manufacturer of steel products, and Mitsui & Co. (U.S.A.), Inc., a wholly owned subsidiary of Mitsui & Co., Ltd., a diversified global investment and service enterprise based in Tokyo, Japan.
