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.
