US$260 Million Investment to Boost Ternium Coating Capacity in Mexico
03/17/2017 - Ternium plans to invest US$260 million in a new hot-dip galvanizing line and a pre-painting line at its Pesquería plant in Mexico, the company has announced.
“This new high-value-added processing capacity will support Ternium’s leading position as a steel supplier to the growing household appliances, lightning and metal-mechanic industries in Mexico and will broaden the company’s product range,” the company said in a statement.
The galvanizing line will give Ternium an additional 300,000 metric tons of galvanizing capacity in Mexico, boosting its capabilities there by 17%. The new pre-painting line, meanwhile, will give it an extra 120,000 metric tons of capacity, an increase of 20%.
The new lines are to be put into serviced by 2020.
The galvanizing line will give Ternium an additional 300,000 metric tons of galvanizing capacity in Mexico, boosting its capabilities there by 17%. The new pre-painting line, meanwhile, will give it an extra 120,000 metric tons of capacity, an increase of 20%.
The new lines are to be put into serviced by 2020.
