Samuel Announces New Facility in Querétaro, Mexico to Serve Automotive Industry
OAKVILLE, ON, Sept. 1, 2021 /CNW/ - Samuel, Son & Co., Limited, a leading metals distributor and industrial products manufacturer, today announced plans to expand into a new automotive processing facility in Querétaro, Mexico. Construction of the facility is expected to be completed by the fourth quarter of 2021, with full production ramped up in January 2022.
This new 140,000-square-foot (13,000-square-meter) building will be equipped with a state-of-the-art slitter and related processing capabilities . This new operation, along with an existing automotive facility in Monterrey, positions the Company as a leading metals processor to global automotive brands and their supply chain partners operating in Mexico.
"Over the last five years, Samuel has invested more than $150 million to extend the capacity and capabilities we offer to automotive OEMs and Tier One suppliers across North America," said Luis Ponte, Samuel's Vice President of Automotive. "The automotive industry is rapidly expanding in Central Mexico, and we're looking forward to being a part of it. Our investment in Querétaro will allow us to deliver a new level of support for the many expanding global automotive programs based in the region."
Samuel operates an integrated network of automotive-focused metal processing centers across North America. Additional automotive-focused investments recently made by the Company include the acquisition of a second location in California for its additive manufacturing division, Burloak Technologies, the expansion of its Brantford, Ontario facility, and the opening of a greenfield automotive operation in Columbia, Tennessee.
About Samuel
Founded in 1855, Samuel, Son & Co., Limited, is a family-owned integrated network of metal manufacturing, processing and distribution divisions. Samuel employees provide metals, industrial products and related value-added services from locations across North America. The company leverages its industry expertise, breadth of experience and the passion of its people to help drive success for North American business – one customer at a time. For more information, visit samuel.com.
SOURCE Samuel Son & Co., Limited
Media Contact: Steve Snyder, Director of Marketing and Communications, Samuel, Son & Co., Limited, 289-442-3604, [email protected]
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