Thyssenkrupp Materials invests US$37 million in new service center

SAN LUIS POTOSI - Thyssenkrupp Materials Mexico invested US$37 million in a new service center in San Luis Potosí to support the Mexican automotive industry's supply chain. The new facility will start operations in February and will create around 65 new jobs.

Currently, the company has three service centers in Saltillo, Puebla and Silao; the latter is 170 kilometers from the new headquarters and both will collaborate together, enabling it to supply OEMs such as BMW and General Motors.

In addition, these facilities are part of the expansion strategy of its subsidiary Thyssenkrupp Materials Services in North America, in response to the growing demand from the automotive industry.

"In the context of the major transformation themes of electromobility, sustainability and supply chain resilience, Mexico is an obvious growth market for us" Martin Stillger, CEO of Thyssenkrupp Materials Services, said.

The new complex will have a specialized cutting line for aluminum parts, which has gradually been incorporated into the demand of the automotive industry, focused on electromobility.

Thyssenkrupp Materials de México specializes in the distribution of materials and the provision of services for factories in the North American market.

With the opening of this service center, it seeks to consolidate its position in the market and demonstrate its ability to adapt its production model to the ever-changing needs of its customers.