Ternium SA announced that a new investment program at its Pesquería industrial center in Mexico with the aim at broadening its value-added product portfolio. The program consists of a new cold rolling mill, a hot-dip galvanizing line, a push-pull pickling line and new finishing lines with total capital investment of approximately USD 1 billion and expected start-up of operations in the first half of 2024.Ternium’s new investment program should help it better serve its customers in the automotive, renewable energy and home appliance industries, as well as in the construction and agricultural sectors. With the expansion of the Pesquería facility’s advanced-high-strength and ultra-high-strength steels production capabilities, this initiative will support the company’s leading position as a steel supplier in Mexico.In addition to the new investment program at the Pesquería facility, Ternium recently launched an expansion of its Shreveport facility in the US state of Louisiana, with a second coil coating paint line expected to start-up by mid-2024.
Ternium SA announced that a new investment program at its Pesquería industrial center in Mexico with the aim at broadening its value-added product portfolio. The program consists of a new cold rolling mill, a hot-dip galvanizing line, a push-pull pickling line and new finishing lines with total capital investment of approximately USD 1 billion and expected start-up of operations in the first half of 2024.Ternium’s new investment program should help it better serve its customers in the automotive, renewable energy and home appliance industries, as well as in the construction and agricultural sectors. With the expansion of the Pesquería facility’s advanced-high-strength and ultra-high-strength steels production capabilities, this initiative will support the company’s leading position as a steel supplier in Mexico.In addition to the new investment program at the Pesquería facility, Ternium recently launched an expansion of its Shreveport facility in the US state of Louisiana, with a second coil coating paint line expected to start-up by mid-2024.