The union of the best in the Mexican iron and steel industry will consolidate Ternium’s presence in the region and will continue to construct a project of Latin American importance

This past Thursday, the 26th of July, Ternium announced that it obtained 100% of all the outstanding share capital of Grupo Imsa and thus consolidates its presence in North America and turns it into the most important iron and steel industrial project in the region.

This integration opens important opportunities for synergies and at the same time permits the advancement in the process of coordinating strategies, investments and resources among the different areas of the company.

With this integration, the operations in Mexico, the United States and Guatemala are extended. Also, it increases the annual production capacity to 2.3 million tons of hot-rolled, 1.8 million tons of cold-rolled and 1.7 million tons of galvanized products. Additionally, Imsa produces panels and other steel products that add value to Ternium’s production system.

For Ternium, the North American market represents most of its net sales. Mexico is the second largest producer of flat products after the United States. The union of these industrial legends fortifies Ternium’s vision to serve its clients and expand its horizons by taking into account the necessities of more demanding markets in the service and quality of its products.