Sept. 30, 2015
ArcelorMittal to Expand Tubular Operations in Monterrey
ArcelorMittal will invest $11.1 million at its tubular facility in Monterrey for the construction of an additional tube mill and downstream value-add processing equipment. The facility is designed to supply straight and formed tubes used in the production of automotive seating and head rest applications. ArcelorMittal Monterrey will be capable of producing electric resistance welded tubes ranging from 11 millimeters to 165 millimeters in a variety of steel thicknesses and steel grades, from mild carbon designs to the new, highly engineered, advanced high-strength steels.
“ArcelorMittal has enjoyed a strong position in supplying tubes to the Mexico region since 2000,” says Ed Vore, CEO, ArcelorMittal Tubular Products, NAFTA. “This latest investment in new equipment and our people is consistent with ArcelorMittal’s view of the benefits of growing our footprint and leadership position in the automotive sector, a market that continues to show remarkable growth in both Mexico and the southeastern United States.”
Construction is ongoing and will be completed in the spring of 2016. The project complements and expands the existing product offering at Monterrey, which includes tubular products for applications such as hydroform tubes, drive shafts, rectangulars, rounds and specialized shapes. Existing facilities include three tube mills and various value-add operations including bending, laser cutting and angle cutting. In addition to its tubular business, Monterrey provides steel slitting services and steel distribution services.