Saturday, 29 Jan 2011
BNamericas reported that Paraguayan company Acomar, which makes and sells steel products, will invest USD 50 million in the construction of a new steel mill.
Mr Juan Alberto Acosta GM of Acomar told BNamericas that "It's a project that is already in the works, but there are still some issues that need to be resolved."
Until these issues are finalized, Mr Acosta said that he prefers not to speak in more detail about the project. He added that "I expect everything to be ready in a month and then more information will be released."
The new steel mill is designed to meet the high demand for rolled products on the market. The company's industrial installations total nearly 10,000 square meters, including a metallurgical service center and six machines working all day to supply the market with plates, structural tubes and structural profiles.
Acomar produces and sells products such as plates, tubes and metallic structures used in warehouses, silos, bridges, as well as parts for the motorcycle industry.(sourced:bnamericas.com)
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