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Simec will invest 1.3 billion Brazilian reais in Minas Gerais, Brazil-The 20th China(Guangzhou) Die-casting, Foundry & Industry Furnace Exhibition
4/4/2019 压铸展-铸造展- Die-casting expo-foundry expo |
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It is reported that the Mexican group Simec will invest 1.3 billion Brazilian reais to expand its current unit in Itaúna and expand its operations of rolling, drawing and continuous casting in Brazil. The investment would be created 460 direct jobs, according to the Mexican group.
During the first two months of this year, Minas Gerais accounted for 31.6% of the total steel production in the country. The Simec group is one of the most important steel companies in North America, producing 3 million tons of steel per year, with plants in Mexico, United States and Canada. Currently its unit in Itaúna produces steel wire and derivatives.
压铸展-铸造展-2019第二十届广州国际压铸、铸造及工业炉展览会-中国最受关注的压铸铸造展会-巨浪展览
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