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Ternium Announces Investment in New Galvanizing and Pre-Painting Lines in Mexico

Mar 01, 2017 - Business Wire

Ternium S.A. (NYSE: TX) today announced its plans to build a hot-dip galvanizing line and a pre-painting line in its facility in Pesquería, Mexico. The new lines will target Mexico's industrial markets, deepening the company's import substitution strategy.

Ternium's new hot-dip galvanizing and pre-painting lines will have annual production capacity of 300,000 and 120,000 metric tons, respectively. With a total investment of approximately USD260 million, the new lines would be operational ...