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Ternium is the largest steel producer in Latin America and the fifth largest on the continent with an annual production capacity of 12.5 million tonnes.
Mexico is one of the main markets for Fagor Arrasate, where 12% of its turnover comes from.
Fagor Arrasate has supplied Ternium with five fully automated lines for processing steel coils of different thicknesses for a value of almost 40 million euros. Specifically, four slitting lines have been delivered for coils between 0.4 and 16 mm thick and one cut-to length line for processing coils up to 25 mm thick.
The five cutting lines have been installed at Termium's industrial complex in Pesqueria, Nuevo Leon, about 20 km north of Monterrey. Ternium is undertaking an ambitious $1 billion investment programme at this plant to increase its production capacity and better serve its customers in the automotive, renewable energy and appliance sectors, as well as agriculture, construction, bridge crane and capital equipment manufacturers, and tube and profile manufacturers.
Four of these lines are already in production and the fifth will be in production shortly, as it is currently in the testing and fine-tuning phase.
With this contract, which is in addition to others that the Fagor Arrasate has won from customers in both the steel and aluminium sectors and the domestic appliance sector, the company is consolidating its position in Mexico, where 12% of its turnover comes from.
Fagor Arrasate's presence in Mexico and in the region in general has been strengthened since the opening in 2017 of a plant in the city of Querétaro with the aim of offering a closer and more personalised service and attention to customers in this country and neighbouring territories. In Mexico, Fagor Arrasate has an assembly plant with a crane that occupies 550 square metres of floor space and its own highly qualified personnel in assembly, programming, project management and after-sales service.
Fagor Arrasate executives and Ternium project managers pose in front of one of the supplied lines.
ABOUT FAGOR ARRASATE
Fagor Arrasate is a world leader in the design and manufacture of customized solutions for steel, aluminum and stainless steel forming, from presses and stamping systems, cutting and processing lines for metal coils and complete systems for the manufacture of complex metal parts. It also specializes in the forming of composites, hot and cold forging systems and hot stamping.
It operates globally and its main clients include the world's most important manufacturers in the automotive sector, such as the Volkswagen Group, General Motors, Ford or Stellantis, strategic suppliers in this sector such as Gestamp or CIE, companies in the steel sector such as Tata, Arcelor Mittal, Acerinox, Gonvarri or Bamesa and companies in the household appliance sector such as Bosch-Siemens, Whirlpool, Mabe, General Electric or Haier.
With more than 60 years of experience, Fagor Arrasate has 6 production plants, 5 technical assistance service centers and an R&D&I center, as well as numerous sales offices throughout the world. Fagor Arrasate currently employs 660 people at its plants in the Basque Country, China, Mexico, Germany and the USA. Fagor Arrasate's average turnover in recent years has been over 200 million euros and exports account for around 85% of its production.
Fagor Arrasate is a founding member of the MONDRAGON Corporation, one of the largest business groups in Europe, with a total workforce of 70,000 professionals.
ABOUT TERNIUM
Ternium is a leading producer of steel and steel products in Latin America. With 18 production centres in Argentina, Brazil, Colombia, the United States, Guatemala and Mexico, 20,000 employees and an annual production capacity of 12.5 million tonnes, Ternium is the largest steel producer in Latin America. With 20,000 employees and an annual production capacity of 12.5 million tonnes, Ternium is the largest steel producer in Latin America, the fifth largest in the continent and the largest exporter of finished products in the Americas.
Ternium has highly integrated production processes, ranging from the extraction of iron ore in its own mines to the manufacture of a wide range of high value-added products for the most demanding industries, such as semi-finished products, flat products, long products, formed products, tubes and profiles.
Panoramic view of Ternium's facilities in Mexico.