Santo Domingo, Dominican Republic..- Gerdau Metaldom inaugurated its new cutting and shaping plant for steel rods destined for construction, located in the Duarte Industrial Park.
The executive chairman of Metaldom, Carlos Valiente, informed that this new unit will host the capacity to supply the market needs in the Dominican Republic and all of Central America and the Caribbean, which is their current export market.
“We are convinced that with this new cutting plant, we are contributing towards a more solid and competitive construction sector, guaranteeing the required quality levels demanded by our regulating agents and international performance standards”, Valiente said.
Valiente explained that the cutting and shaping offers the special feature that the client/buyer receives the rods ready to insert in the construction, with all bends and required lengths already made, hence reducing the execution and completion time for the work, and at the same time increasing the safety of the workers, given that this way they don’t need to bend or cut the steel on site, therefore everything comes ready to use.
This investment emerges as a direct result of the strategy by Gerdau Metaldom to become the No. 1 multinational steel company in Central America and the Caribbean, where it currently exports to over 30 countries around the region.
ABOUT GERDAU METALDOM:
Gerdau Metadom produces long and flat steel destined for use in the civil, industrial and agribusiness steel sector, and also features operations in metal and PVC. The company hosts a setup capacity for over a million tonnes of steel per year. Its products tend to the Dominican market and the entire Central American and Caribbean region.
Gerdau Metladom is managed and is also a shareholder of Gerdau, leader in the long steel rod segment in the Americas, and is one of the main suppliers in the world, as well as is a company within the asset portfolio for Industry & Energy, co-managed by INICIA and Putney Capital Management.
INICIA is a private asset management firm that operates through partnerships with unique managers focused on the Northern Latin American Region to capture long-term value for investors, clients, partners and associates.