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SIMEC GROUP company history timeline

2001

In 2001, ICH acquired 82.5% of Grupo Simec, S.A. de C.V., which had steel mills and rolling facilities in Guadalajara, Jalisco, and Mexicali, Baja California, both dedicated to manufacturing commercial and structural steel long products, specialty steel bars, rebar and steel beams.

2006

In 2006, ICH and SIMEC establish themselves as the largest producer of SBQ steels in North America, thanks to the consolidation of Republic Steel.

2011

In 2011, Republic Steel through SIMEC acquired Bluff City Steel (BCS Industries) assets and facilities in the United States, which gave a thermic treatment to special-alloy steels.

2012

In 2012, ICH and SIMEC, completed a capital investment in the San Luis Potosí facility which increased the installed capacity of billet for the production of rebar, wire rod, and wire rod value-added products to 1 million annual tons.

2018

It begins operating in May 2018.

In 2018, SIMEC acquires two facilities in Brazil previously owned by Arcelor Mittal and becomes the third largest supplier of steel long products in the country with a total of three facilities.

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Founded
1998
Company founded
Founders
Parduman Gupta
Company founders
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Zippia gives an in-depth look into the details of SIMEC GROUP, including salaries, political affiliations, employee data, and more, in order to inform job seekers about SIMEC GROUP. The employee data is based on information from people who have self-reported their past or current employments at SIMEC GROUP. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by SIMEC GROUP. The data presented on this page does not represent the view of SIMEC GROUP and its employees or that of Zippia.

SIMEC GROUP may also be known as or be related to SIMEC GROUP and Simec Group.