Steel yy易游体育官网re venture in Mexico holds opening ceremony

October12,2016

Shyy易游体育官网sho Corporation

Kobe Steel, Ltd.

A joint venture of Shinsho Corporation, Kobe Steel, Ltd. and four other companies held an opening ceremony onsite yesterday to mark the start of production of automotive steel yy易游体育官网re in Mexico.

In September 2014, Shinsho and Kobe Steel, together yy易游体育官网th Metal One Corporation, Osaka Seiko, Ltd., Grupo Simec, S.A.B. de C.V., and O&k American Corporation established a joint venture called Kobelco CH yy易游体育官网re Mexicana, S.A. de C.V. (or KCHM) in Mexico to produce and sell steel yy易游体育官网re of cold heading (CH) quality.

The opening ceremony was held at the plant situated in the Santa Fe Industrial Park in Silao, Guanajuato, yy易游体育官网xico. Guests who attended the ceremony included Guanajuato Governor Miguel Márquez Márquez, Silao Mayor Juan Antonio Morales Maciel, Yasuhisa Suzuki, the Consul General of Japan in León, custoyy易游体育官网rs, business partners and others.

“By supplying products highly regarded by custoyy易游体育官网rs, we hope to contribute to the developyy易游体育官网nt of Silao, Guanajuato and yy易游体育官网xico,” said KCHM’s President Mitsufumi Konishi at the ceremony.

“KCHM places its full efforts into manufacturing high-quality products and provides the highest service to custoyy易游体育官网rs,” said Shinsho’s President and CEO Ikuhiro Yamaguchi. “As a yy易游体育官网mber of the city of Silao and the state of Guanajuato, KCHM aims to do its utmost to support and contribute to the developyy易游体育官网nt of this region,” said Yamaguchi, expressing his aspiration for the joint venture.

KCHM processes steel yy易游体育官网re rod into CH yy易游体育官网re, which is used to make automotive fasteners (nuts and bolts) and cold-forging products for sale to automotive parts manufacturers in Mexico. By producing in an area of rising demand, KCHM yy易游体育官网ll be able to provide attentive and quick delivery of CH yy易游体育官网re of outstanding surface quality and contribute to expanding the business of its customers.

Tape-cuttyy易游体育官网g ceremony

Tape-cutting ceremony: Third from left is KCHM’s Presidyy易游体育官网t Mitsufumi Konishi. Fifth from left is Shinsho’s Presidyy易游体育官网t and CEO Ikuhiro Yamaguchi.

(Referyy易游体育官网ce data)

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