Carso Group of Mexico , a Client of DHS, Completes Acquisition of a Mexican Metals Recycling Company

DHS logo

WASHINGTON, DC, UNITED STATES, December 18, 2020 — DHS today announced that its client, Carso Group of Mexico, the completion of the acquisition of Vitro, S.A. de C.V., as part of its raw material procurement strategy to support its new Texas flat roll steel mill, which is planned to begin operations mid-year 2021. The transaction was funded with available cash.

Vitro is headquartered in Monterrey, Mexico and operates a ferrous and nonferrous scrap metals recycling business. Vitro’s primary operations are comprised of six scrap processing facilities strategically positioned near high-volume industrial scrap sources located throughout Central and Northern Mexico. The company also operates several third-party scrap processing locations. These combined facilities currently ship approximately 500,000 gross tons of scrap annually and have an estimated annual processing capability of two million gross tons.

“We sincerely welcome the Vitro team into the Carso Group family,” stated Jonathan Fierro, Vice President of Carso Group. “Combined with our existing metals recycling presence in Mexico, the acquisition of Vitro expands our commercial presence in the region and strengthens our raw material supply strategy, allowing for cost-effective ferrous scrap procurement for our new Texas flat roll steel mill. Vitro provides a platform to grow our metals recycling presence in Mexico and represents a meaningful achievement in our raw material sourcing strategy for our Texas flat roll steel mill.”

“The strategic planning and vision of our cleint Carso Group is important to DHS and we look forward to assisting in the acquisition and private equity investment that DHS is known for”, stated Fernando Aguirre, Vice Chairman of DHS.

About Carso Group

Carso Group is one of the largest domestic steel producers and metals recyclers in Mexico based on estimated annual steelmaking and metals recycling capability, with facilities located throughout Mexico. Carso produces steel products, including hot roll, cold roll, and coated sheet steel, structural steel beams and shapes, rail, engineered special-bar-quality steel, cold finished steel, merchant bar products, specialty steel sections and steel joists and deck. In addition, the company produces liquid pig iron and processes and sells ferrous and nonferrous scrap.

Forward-Looking Statements

This press release contains some predictive statements about future events, including statements related to conditions in domestic or global economies, conditions in steel and recycled metals market places, Carso revenues, costs of purchased materials, future profitability and earnings, and the operation of new, existing or planned facilities. These statements, which we generally precede or accompany by such typical conditional words as “anticipate”, “intend”, “believe”, “estimate”, “plan”, “seek”, “project”, or “expect”, or by the words “may”, “will”, or “should”, are intended to be made as “forward-looking,” subject to many risks and uncertainties, within the safe harbor protections of the Private Securities Litigation Reform Act of 1995. These statements speak only as of this date and are based upon information and assumptions, which we consider reasonable as of this date, concerning our businesses and the environments in which they operate. Such predictive statements are not a guarantee of future performance, and we undertake no duty to update or revise any such statements. Some factors that could cause such forward-looking statements to turn out differently than anticipated include: (1) the effects of uncertain economic conditions; (2) the effects of pandemics or other health issues, such as the recent novel coronavirus outbreak (COVID-19); (3) cyclical and changing industrial demand; (4) changes in conditions in any of the steel or scrap-consuming sectors of the economy which affect demand for our products, including the strength of the non-residential and residential construction, automotive, manufacturing, appliance, energy, and other steel-consuming industries; (5) fluctuations in the cost of key raw materials and supplies (including steel scrap, iron units, zinc, graphite electrodes, and energy costs) and our ability to pass on any cost increases; (6) the impact of domestic and foreign imports, including trade policy, restrictions, or agreements; (7) unanticipated difficulties in integrating or starting up new, acquired or planned businesses or assets; (8) risks and uncertainties involving product and/or technology development; and (9) occurrences of unexpected plant outages or equipment failures.

ABOUT DHS

DHS is a high-stakes advocacy, public strategy, and global public relations and communications firm. Our strategic insights and innovative programming build and sustain strong corporate and brand reputations. We provide our clients with counsel and program development across the spectrum of public relations, public affairs, reputation and crisis management, digital strategy, advertising and other communications services. Our clients are companies, industry associations, nonprofit organizations, professional services firms, and other large organizations.

We began as a unique grassroots and lobbying firm with customized services for an elite group of clients. Our work applies equally to regulatory issues as well as legislative ones, and we manage issues for our clients at the local, state, federal, and international levels of government.

We use our core competencies and reach to gain competitive advantage for clients. Our expertise comes from extensive must-win campaign experience and operating successfully at the highest rung of business, government, politics and media. Our reach is the ability to use strategic intelligence to mobilize the message and persuade the toughest audiences. We know what it takes to win in difficult situations. We have proven results for prominent figures, leading advocacy groups and the world’s most successful companies. We leverage what others cannot.

Contact Information
Harriet Sandberg
DHS
+1 202-719-0398
press@dhs-grp.com

Telgian Celebrates 35th Anniversary

Telgian Inc.
Telgian Inc.

This month marks the 35th anniversary of the founding of Telgian, a worldwide provider of fire protection, life safety and security solutions. Since 1985, Telgian has grown from a modest firm providing code development and consulting, fire testing and fire investigation, to an international company with locations around the globe, more than 350 employees and a comprehensive roster of fire protection, engineering and design, life safety and security services. Today, the firm counts many of the world’s most recognizable corporations as its clients.

“It is especially gratifying to celebrate this milestone in 2020. This year, more than ever before, we applaud the efforts of our dedicated associates as we continue to navigate the current, unprecedented global crisis,” says Telgian Executive Chairman Russell Leavitt. “As we look forward to the future, we know that our success will continue based on their outstanding character.”

Telgian traces its roots back more than three decades to Tomes and Associates, founded by former firefighter and San Diego Fire Marshal Bill Tomes. The early success of the company was a result, not only of Tomes’ vast experience, but also his lifelong passion for the fire protection industry.

The company was founded on integrity, honesty and respect, along with attributes such as innovation, creativity and pride in one’s work as well as an unwavering dedication to customer service. This quickly attracted industry-leading experts from around the world, resulting in rapid growth and expansion.

“We are proud to mark our 35th anniversary this year. This milestone is a testament to the fact that Telgian’s associates, vendors, and stakeholders renew their commitment to industry excellence and 100% customer satisfaction each and every day,” says Telgian CEO James Tomes.

A wide-ranging roster of services also grew to include fire and life safety consulting for business and government agencies, fire and building code interpretation, risk analysis and hazard evaluation, fire and building plan review, fire sprinkler system design, and industry training.

In 2007, principals formed the Telgian brand to more accurately reflect the diversity of the company’s many and varied fire, life safety, and security services. The word Telgian is, in fact, derived from Old English and means “to branch out and grow.”

Today, Telgian has dramatically increased the range of industries that it serves and includes two business units, each with a unique focus. Telgian Fire Safety, serves approximately 50,000 locations annually for the inspection, testing and repair of fire and life safety systems such as Fire Sprinkler Systems, Fire Alarm Systems, Fire Extinguishers, Kitchen Hood Suppression Systems, Backflow Systems, Emergency/Exit Lights, Special Hazards, and Clean Agent Systems, as well as Fire Alarm Monitoring.

Telgian Engineering & Consulting is a full-service engineering and risk mitigation consultancy specializing in complex, multi-discipline projects. Telgian Engineering & Consulting provides services related to the protection of people, property, information, and organizational mission against preventable losses, delivering effective protection solutions that meet today’s challenges.

Telgian’s history, reputation and an outstanding record of accomplishment have been built on the trust and confidence earned from numerous long-term clients. This sterling reputation is the result of a deep commitment to core values such as the Telgian Customer Advocacy Model, which ensures that customers, and their specific needs, are always the top priority.

Contact Information
Telgian
10230 S 50th Place, STE 100
Phoenix, AZ 85044
https://www.telgian.com