Ternium S.A. (NYSE: TX [ADR])
L-1855 Luxembourg, Luxembourg Phone: +352-26-68-31-52
Fax: +352-26-68-31-53
Primary US Office:
Subscribers Only http://www.ternium.com
Overview
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.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Ternium S.A. (NYSE: TX [ADR])
| Company Type | Public (NYSE: TX [ADR]) |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £5,845.8 |
| 1-Year Sales Growth | 3.4% |
| 2008 Net Income (mil.) | £604.4 |
| 1-Year Net Income Growth | (12.6%) |
| 2008 Employees | 15,651 |
| 1-Year Employee Growth | (33.8%) |
Key People from Hoover's UK
Key people and executives for Ternium S.A. (NYSE: TX [ADR])
| Chairman | Paolo Rocca (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| CEO and Director | Daniel A. Novegil Connect to this executive |
| CFO | Roberto Philipps Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Ternium S.A. (NYSE: TX [ADR])
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Subsidiaries/affiliates of Ternium S.A. (NYSE: TX [ADR])

