Thyssenkrupp Material Services of Mexico announced an investment of 740 million pesos in San Luis Potosí , with the intention of meeting the needs of the automotive industry. 

The German company in the country is characterized by being a specialized service center for steel and aluminum, offering added value in each of its products. The main plant with the headquarters, a warehouse and machines for the die-cutting and cutting process is located in Puebla . In that same region, it houses a second site, a warehouse with a rail connection; while in Silao, Guanajuato, it operates another storage and blinding factory with a rail connection. The fourth site is located in Saltillo, with a warehouse.

The new site will create around 65 jobs . With this move, the Western world's largest plant-independent materials distributor and service provider is strengthening its leadership position in the North American market and further aligning its service business to changing customer needs.

In total, Thyssenkrupp Materials Services has invested around $102 million in the North American market in the last 12 months.

Olaf Voss, president of the Thyssenkroup Material Services company in Mexico , commented that the needs and requirements of the industry are changing rapidly, and in a context in which the main issues of transformation of electric mobility, sustainability and resilience of the supply chain , Mexico has become a clear growth market for the organization.

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The centerpiece of the new location is a Schuler die cutting line used to cut high-strength steel and aluminum dies for the automotive industry. Due to its low weight, aluminum helps reduce emissions and is often used in electric vehicles. The automotive industry is responding to growing demand brought about by the faster transition to electric mobility and stricter emission standards planned by the US government. 

The plant in San Luis Potosí will join the company's existing service center  in Silao, located some 125 kilometers away, which already has an aluminum cutting line, to be the only facilities in the country to offer this service. . 

All automotive aluminum blanks not produced at these sites will need to be imported as prefabricated parts into the United States.

Capabilities and supply chain management can be flexibly adapted to customer needs. Therefore, they are offering new services, expanding the portfolio and using our experience in processing aluminum blanks at the Silao site to scale our business and access new customer groups.

The new San Luis Potosí complex is scheduled to start operations in mid-2023 .