Grupo Simec, S.A.B. de C.V. Announces the start of production of rebar in Brazil
March 03 2015 - 7:07PM
PR Newswire (US)
GUADALAJARA, Mexico,
March 3, 2015 /PRNewswire/ -- Grupo
Simec S.A.B. de C.V. (NYSE: SIM) (Simec) announces that
it will start production of rebar and wire rod in its
Brazilian facility this month (March). With an investment of nearly
$500,000,000 USD. It will have an
annual capacity of more than 500,000 tons. This investment has been
financed with the cash generation of the company.
Contact:
Mario Moreno
Cortez
52-33-3770-6734
mmoreno@gruposimec.com.mx
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SOURCE Grupo Simec, S.A.B. de
C.V.
Copyright 2015 PR Newswire
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