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    Grupo Simec S.A.B. de C.V. (SIM)

    8.85 Up 0.09(1.03%) 4:00PM EDT
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    Grupo Simec S.A.B. de C.V.
    Av. L
    Col. La Nogalera
    Guadalajara, JA 44440
    Mexico - Map
    Phone: 52 33 3770 6700
    Website: http://www.gsimec.com.mx

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Steel & Iron
    Full Time Employees:4,803

    Business Summary 

    Grupo Simec, S.A.B. de C.V., together with its subsidiaries, manufactures, processes, and distributes special bar quality (SBQ) steel and structural steel products in Mexico, the United States, Canada, Latin America, Europe, and Asia. The company offers various steel products, including I-beams; channels; structural and commercial angles; hot rolled bars, such as round, square, and hexagonal steel bars; flat bars; rebars; cold-finished bars and wire rods; semi-finished tube rounds; and other semi-finished trade products. Its SBQ products are used in various 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 primarily used in the non-residential construction market and other construction applications, as well as the automotive industry. Grupo Simec, S.A.B. de C.V. sells its products through sales representatives and technicians, and independent distributors. The company was founded in 1969 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.

    Key Statistics

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    Key Executives 
    Mr. Luis Garc , 71
    Chief Exec. officer and Director
    Mr. Mario Moreno Cortez , 47
    Coordinator of Fin.
    Mr. Juan José Acosta Macías , 55
    Chief Operating Officer
    Mr. Marcos Magana Rodarte , 50
    Chief Sales Officer and Director of Marketing & Sales
    Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.