# Grupo Acerero starts operations at fifth steel plant in Mexico

Grupo Acerero began operations at its fifth sheet plate manufacturing plant in Mexico, built over 30 months with an investment of $85 million. The plant has an initial capacity of 400,000 tons per year, with a goal to reach 1,000,000 tons.

- Type: New facility
- Announced: 2019-11-05
- Where: Mexico, Mexico
- Value: $85.0M
- Starts operating: 5 Nov 2019
- Status: completed
- Capacity: 400,000 tons per year (initial), 1,000,000 tons (goal)
- Products: sheet plate, hot-rolled sheet
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Grupo Acerero](https://endata.com/companies/43107.md)

## Sources

- [protexasindustry.com](https://www.protexasindustry.com/en/article/grupo-acerero-starts-operations-on-their-fifth-plant), 2019-11-05: "Sheet plate will be manufactured there, some of this product is for the construction and the other percentage for the metal mechanic industry, specialized steelworking, machinery, and 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.