# Ternium invests $1B in Nuevo León plant expansion

Mexican President announced that steelmaker Ternium will invest $1 billion to expand its plant in Nuevo León, Mexico.

- Type: Expansion
- Announced: 2022-02-15
- Where: Nuevo León, Mexico
- Value: $1.00B
- Status: announced
- Capacity: 500,000 tons
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Ternium S.A.](https://endata.com/companies/22416.md)

## Sources

- [mural.com.mx](https://www.mural.com.mx/invertira-ternium-mil-mdd-en-planta-de-nl/ar2350160), 2022-02-15: "El Presidente Andrés Manuel López Obrador anunció que la acerera Ternium invertirá mil millones de dólares en la ampliación de la planta que tiene en el Estado de Nuevo León."
- [promexicoindustry.com](https://www.promexicoindustry.com/en/article/ternium-will-invest-1-000-million-dollars-to-expand-its-industrial-center-in-nuevo-len), 2022-02-24: "Ternium confirmed that it will invest 1,000 million dollars to expand its Fishing Industrial Center in Nuevo León."

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