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Grupo Simec

#2999

Rank

$4.35B

Marketcap

MX Mexico

Country

Grupo Simec
Leadership team

Engineer Rufino Vigil Gonzalez (Chairman & CEO)

Mr. Mario Moreno Cortez (Financial Coordinator)

Mr. Armando Rueda Granados (Chief Operating Officer)

Products/ Services
Manufacturing, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Guadalajara, Jalisco, Mexico
Established
1934
Company Registration
SEC CIK number: 0000887153
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
SIM
Social Media
Overview
Location
Summary
Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. Its SBQ steel products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications. The company also exports its steel products to Central and South America, and Europe. The company was founded in 1934 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.
History

Grupo Simec was founded in 1967 by the Alcorta brothers, Carlos and Antonio, and since then it has been involved in projects related to engineering and technological advances, mining, metals and civil construction. With the passage of time, their vision began to take shape through new projects, consolidating its presence in the Latin American market.

Mission
Grupo Simec strives to be the leader of the development of sustainable businesses in the engineering, mining, metals and civil construction industry.
Vision
To be recognized as a leading and reliable brand in the engineering, mining, metals and civil construction industry, offering quality services and promoting human development as its highest priority.
Key Team

Lic. Lourdes Ivonne Massimi Malo (Corp. Legal Mang. & Sec.)

Recognition and Awards
Grupo Simec has received numerous awards over the years, including the Quality Gold Award for excellence in its operations.
References
Grupo Simec
Leadership team

Engineer Rufino Vigil Gonzalez (Chairman & CEO)

Mr. Mario Moreno Cortez (Financial Coordinator)

Mr. Armando Rueda Granados (Chief Operating Officer)

Products/ Services
Manufacturing, Precious Metals
Number of Employees
1,000 - 20,000
Headquarters
Guadalajara, Jalisco, Mexico
Established
1934
Company Registration
SEC CIK number: 0000887153
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
SIM
Social Media