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SIM Grupo Simec SAB de CV

31.0001
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Grupo Simec SAB de CV AMEX:SIM AMEX Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 31.0001 32.05 31.22 31.22 83 22:00:00

Grupo Simec, S.A.B. de C.V. Announces the start of production of rebar in Brazil

04/03/2015 12:07am

PR Newswire (US)


Grupo Simec SAB de CV (AMEX:SIM)
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GUADALAJARA, Mexico, March 3, 2015 /PRNewswire/ -- Grupo Simec S.A.B. de C.V. (NYSE: SIM) (Simec) announces that it will start production of rebar and wire rod in its Brazilian facility this month (March). With an investment of nearly $500,000,000 USD. It will have an annual capacity of more than 500,000 tons. This investment has been financed with the cash generation of the company.

Contact:
Mario Moreno Cortez
52-33-3770-6734
mmoreno@gruposimec.com.mx

     

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/grupo-simec-sab-de-cv-announces-the-start-of-production-of-rebar-in-brazil-300045096.html

SOURCE Grupo Simec, S.A.B. de C.V.

Copyright 2015 PR Newswire

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