Metalsa Inaugurates Jamshedpur Plant in India

MONTERREY, N.L. Mexico and JAMSHEDPUR, India, May 27 /PRNewswire/ -- On May 27th, Metalsa S.A. de C.V. inaugurated its new manufacturing facility in Jamshedpur, India. The facility will produce customized class 5, 6, 7 & 8 side rails for medium and heavy trucks. This new facility increases Metalsa's position as a top supplier of structural components for light and commercial vehicles in the global market.

The Jamshedpur plant will generate approximately 300 direct jobs at its maximum capacity and will produce approximately 180,000 side rails per year. This facility possesses high-tech manufacturing capabilities such as roll-forming, plasma cutting, CNC hydraulic piercing, offset bending and powder coating to satisfy domestic and export markets. Tata Motors and Mahindra-Navistar are the main customers for the Jamshedpur plant.

"India is one of the five regions in the world with the largest production of heavy trucks, and its economy growth expectations for the following years are encouraging," said Leopoldo Cedillo, Metalsa CEO. "The Jamshedpur plant will strengthen our global presence, allowing us to better serve Tata and Mahindra, who in the near future will become global players and our other global customers operating in this region."

"Our commitment to provide high quality side rails and differentiated services to our customers has led us to implement high-tech manufacturing processes in this new facility, always looking for the welfare of communities where we operate," said Angel Loredo, President for Metalsa Commercial Vehicles Business Unit.

With the addition of the Jamshedpur plant, Metalsa will now have five manufacturing facilities dedicated to the production of side rails and chassis frames for commercial vehicles globally, in addition to its 10 plants specializing in the manufacture of structural components for light vehicles such as passenger cars, light trucks and SUVs.

About Metalsa S.A. de C.V.

Metalsa, a subsidiary of Grupo Proeza, manufactures structural components for the light and commercial vehicle markets. Products include chassis frames and body structural stampings and assemblies for passenger cars and light trucks as well as side rails and cross members for Class 5-8 commercial vehicles. The Company has presence in Argentina, Australia, Brazil, Canada, Germany, India, Japan, Mexico, USA, and the United Kingdom. Metalsa distinguishes itself by offering quality, differentiated service and innovation, competitiveness and customization to each customer. Founded in 1956, Metalsa has 6,300 employees.  For additional information, please visit http://www.metalsa.com.mx.

About Grupo Proeza

Grupo Proeza is a privately-held Mexican group with five main business areas: Automotive, Foundry, Juices and Fruits, Information Technology and Health Care.  Its corporate headquarters are located in Monterrey, Mexico and it employs 8,000 people. The Group has a global presence and provides services and sells its products around the world. For additional information, please visit http://www.proeza.com.mx.

Copyright Metalsa 2010. All rights reserved. C. Confidential information property of Metalsa SA de CV or any of its subsidiaries.

SOURCE Metalsa S.A. de C.V.