Worthington Industries Inc announced that its joint venture, Serviacero Worthington, completed phase one of its Greenfield steel processing facility, located in the Monterrey region in Escobedo, Mexico.
Phase one of the Monterrey Greenfield is a 65,000 square foot facility with rail access and includes a 72” x ¼” slitting line and automated packaging line. Phase two is expected to include a cut to length line. The facility will employ approximately 20 in phase one.
Mr Benjamin Zermeño GM of Serviacero Worthington sad “The new Monterrey facility allows us to more efficiently service the increasing number of customers with current and expanding operations in northern Mexico. With the addition of this facility, we are the only steel service center with locations in both north and central Mexico.”
Serviacero Worthington is a 50% owned joint venture between the Serviacero Group and The Worthington Steel Company. Serviacero Worthington has three facilities in Mexico and offers services such as slitting, multi blanking and cutting to length to customers in a variety of industries including automotive, appliance, electronics and heavy equipment. In addition to the Monterrey facility in northern Mexico, Serviacero Worthington has steel processing facilities in central Mexico in Leon and Queretaro.
Founded in 1966 and with 16 facilities in eight Mexican states, Serviacero Group is one of the largest distributors and processors of steel in Mexico. The Serviacero Group serves a variety of construction and metal related industries through its three divisions: Serviacero Comercial, Serviacero Especiales and the Serviacero Worthington joint venture.
Worthington Steel, a Worthington Industries company, is one of America’s largest independent steel processors of flat rolled steel with 14 facilities across North America.
Worthington Industries is a leading diversified metal processing company with annual sales of approximately USD 2.6 billion.
