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|Hojalata y Lámina, S.A. de C.V. |


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Hojalata y Lámina, S.A. de C.V. (Hylsa) (1942)

Hojalata y Lámina, S.A. se constituyó tres años antes de que terminara la Segunda Guerra Mundial, el año de 1942. Su origen está ligado al desarrollo de la Cervecería Cuauthémoc, S.A. Surgió comoproyecto de integración de la planta cervecera, con el propósito inicial de fabricar las tapas de las botellas de cerveza. A los pocos años de haberse fundado se convirtió en una gran planta productora de acero. Su importancia en la industria siderúrgica mexicana y mundial consiste en la introducción en 1955 de la innovadora tecnología del proceso HYL, diseñado por técnicos mexicanos. En 1957 fueinaugurada la primera plana con el nuevo sistema que produjo 250 toneladas diarias de fierro esponja.

Primer consejo de administración.
José Calderón
Francisco G. Sada
Roberto Garza Sada
Jesús F. Muguerza
Roberto G. Sada
Antonio Muguerza.
Adolfo Zambrano Jr.

















http://www.fundinguniverse.com/company-histories/Hylsamex-SA-de-CV-Company-History.html

KeyDates:

1943: Hylsa is founded to produce steel for use in bottle caps.
1957: Hylsa develops a new process to convert iron ore into iron suitable for steelmaking.
1969: The company opens a major plant for steel products in the state of Puebla.
1974: Hylsa become the steel division of Grupo Industrial Alfa, S.A. de C.V.
1981: Production reaches a record 1.51 million metric tons, just beforeMexico's economy sinks.
1988: Hylsa's debt of $1.2 billion is restructured and reduced.
1992: The company is reorganized as Hylsamex, S.A. de C.V.
1999: Hylsamex turn out a record 2.85 million metric tons of steel products.


Company History:
Hylsamex, S.A. de C.V. is Mexico's second-largest steel manufacturer. Its products include flat steel, bars, rods, pipes, coils, and wire, usedprimarily for the construction, auto-parts, and home-construction industries. The company also has subsidiaries for scrap processing, freight services, and steel distribution. In addition, Hylsamex owns iron-ore mines and holds stakes in a mining consortium, a power-generating company, and a steel producer in Venezuela. It participates in strategic partnerships with more than ten companies, includingUnited States' and German firms. Hylsamex is a subsidiary of Mexico's largest industrial conglomerate, Alfa, S.A. de C.V.
Visa Subsidiary: 1943-74
Members of the Monterrey-based Sada, Garza, and Muguerza families became Mexico's first significant industrialists early in the 20th century. The holdings of this interrelated extended family, known informally as Grupo Monterrey, were divided in 1936. Oneof the two, Valores Industriales S.A., known by the acronym Visa, founded Hojalata y Lamina S.A., known by the acronym Hylsa, in 1943. Hojalata y Lamina referred to sheets or plates of flat-rolled steel, a product needed by Visa's brewery for its bottle caps during World War II, when U.S. firms--the former source of supply--diverted shipments to the war effort.
Hylsa was founded with an originalinvestment of 203 million pesos (about $42 million) by members of the Muguerza, Sada Muguerza, and Garza Sada branches of Grupo Monterrey. Camilo Garza Sada was named chairman. At first the company made only flat sheets of steel (4,300 tons in 1945), but that year an electric (rather than open-hearth) furnace was installed, and it also began making its own steel bars. The labor force grew fromthe original 16 to 560 in 1950. A sister enterprise, Cia. Minera Las Encimas, was established in 1951 to exploit iron deposits in Pihuamo, Jalisco. Hylsa's facilities, still not large enough to meet the ambitions of its owners, were modernized in 1953 with U.S. and Mexican government loan guarantees. That year another electric furnace, plus trimming and finishing mills, was installed.
Hylsa's...