FONDERIA, S.A. DE C.V.

In December 2002, the company took the decision to participate in the formation and launch of a new steel plant, producer of "BILET" to manufacture corrugated rod level, such involvement "SUACERO" is formed with 16% of the share capital of the company, bringing together local investors and the sector in order to cope and be more competitive with that company, to large national steel capital.

 

This company is located in San Luis Potosí , SLP, Zona Industrial www.fonderia.com.mx

 

  METALXID, S.A. DE C.V.

Derived from these achievements and in order to participate in a global and competitive market, in January 2007 took action to implement 100% of own resources "SUACERO," a new project similar to the previous and steel (steel), which cause the formation of a new economic entity, called for this purpose "METALXID, SA Ltd, and its objects which is also the manufacture of "BILET" for the manufacture of rod grade for the construction industry.

This project is the vision of "SUACERO" of achieving its results and capitalization of this company through a subsidiary.

To date the facility is in ovens and machinery for the purpose of its economic development function, investment is estimated at more than 400 million pesos.

 

 




This project under construction in an area of over 110,000 m2 , will be completed in early 2011, which will put us on the cutting edge and competitive advantage nationally, as production capacity is 15000Mt metric tons per month of finished product achieving this ambitious project by this time a self-car consumption, in terms of raw material referred to our company SUACERO.

Additional to the above, we are heavily involved with the purchase of "SCRAP", which in the international environment is called "HMS", these purchases will contribute to the development and recycling of our natural resources relating to the iron and steel.