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Canadian company Nova Steel opens third plant in Mexico

Ramos Arizpe, Coahuila — Canadian company Nova Steel has inaugurated its third plant in Mexico. On March 22, the company celebrated the opening of its third production facility in the municipality of Ramos Arizpe in the state of Coahuila.

The 16,000 square meter plant is located in the Santa María Industrial Park. Mario Campos, the General Manager of Nova Steel, said that they foresee the potential expansion of 15,000 square meters that will allow them to double their production.

“Ramos Arizpe has established itself as the industrial heart of the north due to the recent investments it has received,” said Campo who says that “due to the upcoming Tesla Gigafactory in Nuevo León, they are likely to experience economic benefits in the entire sector.”

Nova Steel is dedicated to the transformation of steel to produce metal structures and tubular products for the automotive industry, however, in the region, they also have processes to manufacture railway products and equip the production lines of the assembly plants that exist around the country.

He said that Nova Steel production processes are located in Coahuila, which serve the national and international market, which over the past 12 years, has grown by 700 percent.

“Currently, we produce 90,000 to 100,000 tons of tubular products at our three plants. Each one has different process,” he said. Campos said that the third plant cost $37 million and created 70 new jobs.