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North America, Mexico Jan 22, 2015 5:57 PM

ThyssenKrupp Materials NA, Inc. Expands Silao Facility to Become First Mexico-Based Aluminum and Carbon Steel Configured Blanking Facility

ThyssenKrupp Materials de Mexico S.A. de C.V., for its Lagermex brand, a unit of ThyssenKrupp Materials NA, Inc. (TKMNA) is expanding its current blanking operations in Silao, Guanajuato, Mexico with a $20 million USD investment that will add nearly 55,000 square feet (5,100 square meters) and a new, state-of-the-art aluminum and carbon steel blanking line. TKMNA expects to complete the expansion project and begin production in the fourth quarter of 2015.