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MEXICO: CONSTRUCTION PLANS FOR PROPOSED 150,000 TON PER YEAR HYDROFORMED TUBE MILL, DOFASCO INC.

PROJECT OVERVIEW:

Canada-based DOFASCO INC. is currently involved in the provision of steel tubing for hydroforming to 4 of the 5 major automotive manufacturers in North America. The Mexican automotive market, which is nearly two-thirds the size of Canada's is also said to be continuing to grow rapidly. For that matter, more than $5,000,000,000 has been invested by automotive manufacturers and suppliers in Mexico's auto industry in the past 3 years. And, another $8,000,000,000 is expected to be committed over the next 2 years.

As a result, DOFASCO is now

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