Metaldom
| Industry | Ferrous metallurgy |
|---|---|
| Founded | 1967 |
| Headquarters | Santo Domingo, Dominican Republic |
| Products | Long steel, specialty steel, flat steel, and other steel products |
| Website | metaldom |
Complejo Metalúrgico Dominicano, S. A. (METALDOM) is the largest steel manufacturer in the Dominican Republic, with an annual capacity of 1 million tons.
History
[edit]The company was founded in 1967.[1][2]
In October 2014, Metaldom merged with Industrias Nacionales (INCA), then a subsidiary of Gerdau, to form Gerdau Metaldom.[3] At that time, the company operated 3 plants with an annual capacity of 1 million tons of rolled products.[4] INCA was founded in 1947.[1] Gerdau had acquired a 30.45% stake in INCA in 2007 for $42 million.[5]
In 2016, the company opened a new steel plant to produce cut and bend wire rod steel for construction.[6]
In June 2022, the company dismantled its plant on the Malecón in Santo Domingo.[7]
In February 2024, Gerdau sold its 50% interest in the company to INICIA, which already owned the other 50% interest.[8][9]
References
[edit]- 1 2 "Our People". Metaldom.
- ↑ Medrano, Nestor (October 12, 2013). "Metaldom celebrates 45 years of contributions to the country". Santo Domingo.
- ↑ "Gerdau, Metaldom to combine Dominican Republic operations". BN Americas. September 8, 2014.
- ↑ "Gerdau, Metaldom complete merger in Dominican Republic". BN Americas. October 16, 2014.
- ↑ "Gerdau buys stake in Industrias Nacionales CA". Steel Orbis. May 30, 2007.
- ↑ "Gerdau Metaldom opens Dominican Republic steel plant". BN Americas. July 25, 2016.
- ↑ Vicioso, Dolores (June 13, 2022). "Metaldom begins dismantling the Malecón plant". DR1.
- ↑ "Gerdau concludes sale of Metaldom to INICIA group". Steel Orbis. February 2, 2024.
- ↑ "INICIA and Gerdau sign share acquisition agreement". Dominican Today. January 18, 2024.