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Balance Sheet Cash Flow Statement 46A, Ave. John F. Kennedy, 2nd Fl. L-1855 Luxembourg, Luxembourg Tel. +352-26-68-31-52 Fax +352-26-68-31-53 |
Type: Public
On the web:
http://www.ternium.com
Employees:
15,651
Employee growth: (33.8%)
The brains behind Ternium have welded together a number of Latin America's largest steel entities and created one giant, roll-formed monolith of a holding company. Ternium is a Luxembourg-based steel producer with majority holdings in steel companies based throughout the Americas, such as Argentina's Siderar (of which it owns about 60%) and Mexico's Ternium Mexico. Ternium's manufacturing and finishing facilities have an annual production capacity of about 10 million tons. The company sells primarily to clients in the Americas but is developing a sales presence in Asia and Europe as well. Investment group Rocca & Partners controls 60% of Ternium; it also controls steel tube producer Tenaris.
Key numbers for fiscal year ending December, 2008:
Sales: $8,464.9M
One year growth: 3.4%
Net income: $875.2M
Income growth: (12.6%)
Officers:
Chairman: Paolo Rocca
CEO and Director: Daniel A. Novegil
CFO: Roberto Philipps
Competitors:
ArcelorMittal
Tenaris
ThyssenKrupp Steel
