Economy July 25, 2016 - 10:26 am

New RD$120M+ steel rod plant boosts construction industry

Santo Domingo.- Gerdau Metaldom recently inaugurated itsnew plant to cut and configure steel rods for construction, built at a cost of morethan RD$120 million.

Carlos Valiente, CEO of the plant built at DuarteIndustrial Park, said it will supply Dominican Republic’s market and all the ofCentral America and the Caribbean countries where it currently exports.

"We’re convinced that this new cutting and configuringplant will contribute to have a stronger sector and more competitiveconstruction, ensuring the quality required by our regulators and standards ofperformance," the executive said.

He said the plant provides the cut and configured rods to constructioncustomers with all bends and lengths required by the blueprints, reducing work time,eliminates wasted steel, bolsters workplace safety.

This investment is part of the multinational’s strategy tomake Gerdau Metaldom the leading steel company in the Central America and Caribbeanregion, where it currently exports to over 30 countries.

COVID-19

April 30, 2024 - 10:04 am

SeNaSa hires more than 1,500 doctors

April 26, 2024 - 9:23 am

Pro Consumidor clears rice brands of harmful metals

April 22, 2024 - 1:21 pm

Ney Arias Lora Hospital and CMD appeal ruling

April 15, 2024 - 8:40 am

Cyber attack exposes Covid-19 vaccination records in Dominican Republic

MOST READ

World

Seven countries to contribute mission agents to Haiti

Tourism

Cuba shows interest in exploring opportunities in Dominican tourism

Local

Scientific study reveals oil generation potential in Dominican Republic’s basins

Tourism

Hyatt to add 1,000 rooms in Dominican Republic with two new hotels

MORE NEWS

North Coast

Puerto Plata strengthens its boom in cruise ships: 43 vessels will arrive in May

Tourism

U.S. Consul: “The Dominican Republic is a very safe tourist destination”

Bavaro & Punta Cana

Punta Cana Airport, at the forefront: it will renovate its Terminal A

Economy

Beverage industry provides nearly 60,000 jobs