# Ajoo Steel to build aluminum extrusion plant in Mexico

Ajoo Steel will invest 45 billion won (USD 38.08 million) in a new aluminum extrusion plant in Mexico, targeting start-up in Q4 2022, to produce trailer aluminum extrusion products.

- Type: New facility
- Announced: 2021-11-22
- Where: Mexico, Mexico
- Value: $38.1M (45.0B KRW)
- Starts operating: Q4 2022
- Status: announced
- Products: aluminum extrusion products for trailers
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Ajoo Steel](https://endata.com/companies/58578.md)

## Sources

- [steeldaily.co.kr](https://www.steeldaily.co.kr/news/articleView.html?idxno=159504), 2021-11-22: "멕시코 알루미늄 압출 사업 투자 규모는 450억달러(USD 3,808만달러)로 2022년 4분기 가동을 목표로 하고 있다."

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