ThyssenKrupp Materials NA, expands Silao, Mexico facility

Friday, 23 January 2015 01:56:22 (GMT+3)   |  
       

ThyssenKrupp Materials de Mexico S.A. de C.V., for its Lagermex brand, a unit of ThyssenKrupp Materials NA, Inc. (TKMNA) is expanding its current blanking operations in Silao, Guanajuato, Mexico with a $20 million USD investment that will add nearly 55,000 square feet (5,100 square meters) and a new, state-of-the-art aluminum and carbon steel blanking line. TKMNA expects to complete the expansion project and begin production in the fourth quarter of 2015.

“This expansion is important to our business as it positions us as the first Mexico-based facility to offer both aluminum and advanced high-strength steel configured blanking capabilities for our customers,” said Christian Dohr, President and CEO, TKMNA. “Once complete, it will also benefit the Silao community, adding 35 full-time positions to the facility.”

The expansion centers around a new Schuler blanking line with the ability to process both aluminum and carbon steel, addressing the automotive industry’s needs in using aluminum in place of other materials for specific automotive applications. Additionally, the line will process carbon steel for exposed and unexposed automotive applications, including high-strength steel up to 1,500 MPa of TS. The new blanking line and expanded facility will increase the processing capacity of the Silao plant by nearly 70 percent, to 270,000 metric tons per year.

The expansion recently broke ground on a newly-acquired 3.7 acre piece of land adjacent to the existing facility.

The Silao facility currently offers steel blanking and warehousing services for aluminum and steel products in the automotive and aerospace industries. TKMNA also has warehousing and material processing locations in Saltillo and Puebla, Mexico, totaling more than 380 employees at their three Mexico locations, combined.

Similar articles

Mexican metal scrap imports fall 27 percent by value in February

24 Apr | Steel News

Companies that contribute 30 percent of Mexico's GDP celebrate new steel tariffs

24 Apr | Steel News

Mexico sets tariffs up to 50 percent on certain steel imports

23 Apr | Steel News

Mexican iron pellet production in February up 2.8 percent

22 Apr | Steel News

Construction value in Mexico up 25.9 percent in February

22 Apr | Steel News

Mexican wire rod production down 0.5 percent in February

19 Apr | Steel News

Wholesale metal scrap sales in Mexico down 12.8 percent in February

19 Apr | Steel News

Mexican domestic scrap prices - week 16, 2024

19 Apr | Scrap & Raw Materials

Mexican rebar consumption up 2.4 percent in February

18 Apr | Steel News

Consumption of steel plate in Mexico decreases 5.5 percent in February

18 Apr | Steel News