Company/Division name | Ternium Mexico SA de CV |
Parent company | Ternium |
Type of work | Manufacturing |
Reshoring category: | Nearshoring |
Year reshoring announced: | 2023 |
Capital investment ($): | 3200 |
Country(ies) from which reshored: | Luxembourg |
City reshored to: | Nuevo Leon |
State(s) reshored to: | Mexico |
If relevant, work nearshored to: | - |
Industry(ies): | Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | steel slab |
What non-domestic negative factors made offshoring less attractive? | Price, Total cost |
What domestic positive factors made reshoring more attractive? | Skilled workforce availability/training |