MEXICO CITY Japans
Maruichi Steel Tube Ltd. has started operations at its new
steel tube mill in central Mexicos Aguascalientes
The mill, which will supply
steel products to the countrys auto industry, will have
the capacity to produce 12,000 tonnes per year of steel tubes,
the company said.
The new $10-million
manufacturing center covers 322,917 square feet.
"We plan to locally manufacture
the high-quality automotive steel tubes and meet users
local procurement needs for raw materials," Maruichi said.
The company plans to supply
Japanese automakers Nissan Motor Co. Ltd., Honda Motor Co. Ltd.
and Mazda Motor Corp., as well as General Motors Co. and
Chrysler Group LLC plants in the United States, the government
said Feb. 25.
The construction of the steel
tube facility will be managed by a joint venture between
Maruichis U.S. subsidiaries Maruichi American Corp. (60
percent), MKK USA Inc. (20 percent), and trading companies
Marubeni-Itochu Steel Inc. (10 percent) and Toyota Tsusho Corp.
Aguascalientes state has
attracted considerable attention as an automotive manufacturing
base in North and South America. Nissan announced plans last
year to invest up to $2 billion in a new manufacturing complex
in Aguascalientes to support the companys Americas growth
industry expects annual production to reach 4 million vehicles
within the next five years, according to Mexican automotive
In 2013, the auto industry
expects to see more than 3 million cars produced in Mexico.
Vehicle output reached roughly
2.88 million units in 2012, up 12.8 percent from about 2.5
million units in 2011, Amia said.
A version of this article
was first published by AMM sister publication Steel