# ArcelorMittal invests $15M in Escobedo plant for new pipe mill

ArcelorMittal México will invest US$15 million to install a fifth pipe mill at its plant in Escobedo, Nuevo León, to produce pipes for the automotive industry.

- Type: Expansion
- Announced: 2022-10-11
- Where: Escobedo, Nuevo León, Mexico
- Value: $15.0M
- Status: announced
- Products: pipes for automotive industry
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal](https://endata.com/companies/292.md)

## Sources

- [mexico-now.com](https://mexico-now.com/arcelormittal-invests-us15-million-in-its-new-plant/), 2022-10-11: "The investment will be used for the installation of a fifth pipe mill at the plant and production will be dedicated to serving Tier 1 and Tier 2 suppliers."

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