A joint venture of Shinsho Corporation's Kobe Steel Ltd. (Kobelco) and four other companies held an opening ceremony onsite yesterday to mark the start of production of automotive steel wire in Mexico, Kobelco announced in a press release.
Kobelco CH Wire Mexicana, S.A. de C.V. (KCHM), was established in September 2014 by Kobe Steel with Metal One Corporation, Osaka Seiko, Grupo Simec, SAB de CV and O&k American Corporation to produce steel wire of cold heading (CH) quality.
The supplier's plant situated is in the Santa Fe Industrial Park in Silao, Guanajuato, Mexico. It processes steel wire rod into CH wire used to make automotive fasteners and cold-forging products shipped to auto parts makers in Mexico.
KCHM said it was entering a segment "of rising demand" and was able to provide fast delivery of CH wire "of outstanding surface quality".
"By supplying products highly regarded by customers, we hope to contribute to the development of Silao, Guanajuato and Mexico," said KCHM's president Mitsufumi Konishi at the plant opening ceremony.
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, customers, business partners and others.