ArcelorMittal 50th anniversary Lázaro Cárdenas Michoacán, Digi Mart USA News (Lázaro Cárdenas, Michoacán): During the 50th anniversary celebration of the ArcelorMittal steel plant, Governor Alfredo Ramírez Bedolla emphasized the importance of the steel industry to the economic development of the region and the country.
Ramírez Bedolla noted that the plant, previously known as Sicartsa, has been essential to the existence and growth of Lázaro Cárdenas and its port.
The CEO of ArcelorMittal Mexico, Víctor M. Cairo, said the company has invested more than $22 billion in the region.
He added that a certification obtained last year positions the company as the first Mexican steel manufacturer and consolidates it as the main employer in Michoacán.
The anniversary also looks ahead to industry growth. Cairo said during the ceremony, “The future challenges include concretizing larger investments in Lázaro Cárdenas and in other states of the country.”
State officials accompanying the governor included federal deputy and general secretary of the Mineros Union Napoleón Gómez Urrutia, as well as the secretaries of Economic Development and of Communications and Public Works.
The report said the golden anniversary underscores ArcelorMittal’s importance as a driver of development for Michoacán and its national reach. Initiatives under way are expected to continue strengthening the steel industry in the country.
Information from quadratin.com.mx was cited in the original report.
