Steel News

thyssenkrupp Materials Services Expands North American Footprint

9/19/2022 - thyssenkrupp Materials Services is investing US$37 million in a new service center meant to support automotive customers. 

According to thyssenkrupp, the service center, to be built in the central Mexican city of San Luis Potosí, will be set up with two key automotive themes in mind — sustainability and electro-mobility. 

“Against the background of the major transformation themes of electro-mobility, sustainability and supply chain resilience, Mexico is a clear growth market for us. Here we can support customers with our Materials as a Service strategy precisely in these key areas,” said Martin Stillger, thyssenkrupp Materials Services chief executive. 

The centerpiece of the new location will be a Schuler blanking line for cutting aluminum and high-strength steel blanks. 

“With the opening of the plant, we will be able to further expand our unique position in this pre-processing service in the Mexican market,” said Olaf Voss, chief executive  of thyssenkrupp Materials de Mexico.

The center is scheduled to launch operations in mid-2023.