# Arzyz Metals to build new aluminum plant in Nuevo Leon, Mexico with $66.5M financing

IDB Invest provided a $66.5 million financial package to Arzyz Metals to construct and equip a new aluminum alloy production plant in Cienega de Flores, Nuevo Leon, Mexico, increasing production capacity.

- Type: Expansion
- Announced: 2020-06-03
- Where: Cienega de Flores, Nuevo Leon, Mexico
- Value: $66.5M
- Status: announced
- Products: aluminum alloys
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Arzyz Metals](https://endata.com/companies/47659.md)
- [IDB Invest](https://endata.com/companies/14578.md) (investor)

## Sources

- [idbinvest.org](https://idbinvest.org/en/news-media/idb-invest-strengthens-aluminum-industry-mexico-financing-arzyz-metals), 2020-06-03: "IDB Invest provided a $66.5 million financial package to Arzyz Metals to increase its production capacity of aluminum alloys through the construction and equipment of a new plant."

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