Announcing that it will open a new steel plant in Mexico, Ohio-based Welded Tubes stated that it aims to strengthen its supply chain and increase its activities in Mexico with this investment. It is learned that the 55,000 square foot steel plant, which is planned to be operational in Monterrey in early 2024, will prioritize the production of small diameter and tight tolerance tubes for the automotive industry.
As Joe Frandanisa, president of Welded Tubes Inc., said about the plant to be opened in Mexico: "Our customers are increasing their presence in Mexico and have asked us to continue to support their expansion efforts and their commitment to the OEM's. We are listening to our customer's needs, and our expansion in Monterey will allow us to grow and strengthen our relationships with them."
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