# Nova Steel inaugurates third plant in Ramos Arizpe, Coahuila

Nova Steel inaugurated its third plant in Ramos Arizpe, Coahuila, Mexico, with an investment of $37 million. The facility manufactures tubular products for the automotive industry, creates 70 jobs, and has 16,000 square meters of production space. The company also announced plans for a technology development center within a year to 18 months.

- Type: New facility
- Announced: 2023-03-22
- Where: Ramos Arizpe, Coahuila, Mexico
- Value: $37.0M
- Jobs: 70
- Starts operating: 22 Mar 2023
- Status: completed
- Capacity: 16,000 square meters
- Products: tubular products for automotive industry
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nova Steel](https://endata.com/companies/15197.md)

## Sources

- [vanguardia.com.mx](https://vanguardia.com.mx/dinero/refuerza-nova-steel-su-apuesta-por-ramos-arizpe-BX6891993), 2023-03-22: "Fueron 37 millones de dólares los que se invirtieron en la nueva planta, que genera 70 empleos."

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