{"id":5150,"date":"2022-02-15T22:04:43","date_gmt":"2022-02-16T04:04:43","guid":{"rendered":"http:\/\/accesstomexico.mx\/blog\/?p=5150"},"modified":"2022-02-17T22:08:05","modified_gmt":"2022-02-18T04:08:05","slug":"amlo-announces-billion-dollar-investment-by-steelmaker-in-nuevo-leon","status":"publish","type":"post","link":"https:\/\/accesstomexico.mx\/blog\/amlo-announces-billion-dollar-investment-by-steelmaker-in-nuevo-leon\/","title":{"rendered":"AMLO announces billion-dollar investment by steelmaker in Nuevo Le\u00f3n."},"content":{"rendered":"\n
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MEXICO NEWS DAILY<\/strong><\/a><\/p>\n\n\n\n

Latin American\u2019s leading steelmaker is set to make a billion-dollar investment to enlarge its plant in Nuevo Le\u00f3n, President L\u00f3pez Obrador announced at his morning news conference on Tuesday.<\/p>\n\n\n\n

Ternium will expand its factory in the Ternium Industrial Center in Pesquer\u00eda, 50 kilometers east of Monterrey.<\/p>\n\n\n\n

\u201cYesterday Paolo Rocca was here, an investor who works in steel, his company is called \u2026 Ternium. They came to tell me that they\u2019re going to expand their plant in Nuevo Le\u00f3n and that they\u2019re going to invest a billion dollars \u2026 they manufacture pipe and work in the automotive industry \u2026\u201d the president said.<\/p>\n\n\n\n

He added that the investment plan was evidence of Mexico\u2019s bright economic future. \u201cIn their research and market analysis \u2026 they saw a promising economic and commercial future for Mexico, they came to inform me of that \u2026 this means jobs, it means well-being.\u201d<\/p>\n\n\n\n

The president also said signs were good for the Mexican economy, despite a technical recession and high inflation. \u201cWe are also verifying the data on foreign investment which will soon be released \u2026 in January there was record job creation, and see how we are doing in February \u2026 the economy is growing,\u201d he said.<\/p>\n\n\n\n

In 2017, Ternium invested around 1.1 billion pesos (US $58.2 million in 2017) to install a hot rolling plant at its site in Pesquer\u00eda.<\/p>\n\n\n\n

The almost one kilometer hot roller produced its first million tonnes of laminated steel in January. It can produce 4.4 tonnes of laminated steel per year, the newspaper El Financiero<\/em> reported.<\/p>\n\n\n\n

In 2019, the electroplating and painting lines at the Ternium Industrial Center went into production. The company had already invested US $2.52 billion prior to the president\u2019s announcement.<\/p>\n\n\n\n

Ternium has plants in Mexico, Brazil, Argentina, Colombia, the United States and Central America. It belongs to the Argentinian conglomerate Techint.<\/p>\n\n\n\n

Mexico News Daily Staff. (2022). AMLO announces billion-dollar investment by steelmaker in Nuevo Le\u00f3n. M\u00e9xico.\u00a0Mexico News Daily<\/em>. Recuperado de\u00a0<\/strong>https:\/\/mexiconewsdaily.com\/news\/amlo-announces-billion-dollar-investment-by-steelmaker-in-nuevo-leon\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MEXICO NEWS DAILY Latin American\u2019s leading steelmaker is set to make a billion-dollar investment to enlarge its plant in Nuevo Le\u00f3n, President L\u00f3pez Obrador announced at his morning news conference on Tuesday. Ternium will expand its factory in the Ternium […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5150","post","type-post","status-publish","format-standard","hentry","category-uncategorized","clearfix"],"_links":{"self":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/5150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/comments?post=5150"}],"version-history":[{"count":1,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/5150\/revisions"}],"predecessor-version":[{"id":5152,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/posts\/5150\/revisions\/5152"}],"wp:attachment":[{"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/media?parent=5150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/categories?post=5150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accesstomexico.mx\/blog\/wp-json\/wp\/v2\/tags?post=5150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}