# AHMSA invests $444M in equipment for auto industry

Altos Hornos de Mexico signed an agreement with Primetals Technologies to acquire $444 million in equipment, including a new continuous casting machine and hot rolling mill, to supply the automotive industry.

- Type: Investment
- Announced: 2016-11-30
- Where: Mexico
- Value: $444.0M
- Status: announced
- Capacity: continuous casting: 2.5 million mt/year; hot rolling: 3.5 million mt/year; cold rolling: 2.3 million mt/year; tinplate: 450,000 mt/year
- Products: steel products for automotive industry, continuous casting machine, hot rolling mill, cold rolling mill, tinplate
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Altos Hornos de Mexico](https://endata.com/companies/19832.md)
- [Primetals Technologies](https://endata.com/companies/16384.md) (supplier)

## Sources

- [mexico-now.com](https://mexico-now.com/ahmsa-invests-us-444-million-in-equipment-to-supply-auto-industry/), 2016-11-30: "AHMSA signed an agreement with UK-based Primetals Technologies to acquire US$ 444 million in equipment."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.