Continental Capital

Continental Capital will build an integrated steel complex in Nuevo León, Mexico, with an initial capacity of 1 million tonnes of special steels per year, expandable to 3 million tonnes. The investment is $2 billion and the complex is expected to be ready in 2023.

Continental Capital and Metalwork & Stamping formed a joint venture, Continental Aerospace, to build a special steel foundry, forging and precision machining plant in Nuevo León, Mexico. The investment is $2 billion over five years, and the JV also signed a $100 million contract with a German Tier 1 company.