Argentine Court Acquits Ternium’s Chairman in Notebooks Case
Ternium SA announced that that the first-instance judge in charge of the Notebooks Case acquitted Ternium’s Chairman Mr Paolo Rocca of all charges brought against him in the case. In its decision, the first-instance judge stated that Mr Rocca’s involvement in the Notebooks Case’s judicial proceedings does not affect his good name and honor in any way. The first-instance judge’s decision concerning Mr Rocca was not appealed by either the prosecutor or the government unit prosecuting economic crimes.
Ternium is Latin America’s leading flat steel producer, with operating facilities in Mexico, Brazil, Argentina, Colombia, the southern United States and Central America. The company offers a broad range of high value-added steel products for customers active in the automotive, home appliances, HVAC, construction, capital goods, container, food and energy industries through its manufacturing facilities, service center and distribution networks, and advanced customer integration systems.