Grupo Simec, S.A.B. de C.V. engages in the manufacture, processing, and distribution of special bar quality (SBQ) steel products primarily in the United States and Mexico. Its steel products include I beams, channels, angles, wire rods, electro-welded wire mesh, semi-finished tube rounds, cold finished bars, rebar, and flat bars, as well as hot rolled bars, which comprise round, square, and hexagonal rods. The company's SBQ products are used in various engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. Its structural steel products are used in the non-residential construction market and other construction applications. The company sells its products primarily to the construction, appliance and automotive industries. It also has operations in Latin America, Europe, Asia, and Canada. Grupo Simec, S.A.B. de C.V. was formerly known as Grupo Simec, S.A. de C.V. and changed its name to Grupo Simec, S.A.B. de C.V. in October 2006. The company was founded in 1969 and is based in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.
|
