GRI Renewable Industries

32

Index
June 2013

Gestamp Corporation: Group Overview GRI: Divisions Overview

Origin Strategy History Business Units Industrial Processes Main Clients Business Units Presence

Coporacin Gestamp:
Group Overview

Corporacion Gestamp Facts and Figures

Over 130 industrial plants around the world allows Corporacion Gestamp to be a global supplier

Turnover:

> USD $ 12 billion in 2012 > 9 billion in 2012

Employees:

> 32.000

4 Corporacin Gestamp - June 2013

Corporacion Gestamp Global Presence

Through its subsidiaries, Corporacion Gestamp is present in over 25 countries

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Corporacion Gestamp
Corporacin Gestamp operates three business lines managed through three different groups

Groups Gonvarri Steel Industries Gestamp Renewables Gestamp Automocin

Industrial activities / business lines

Steel Service Centers

Autoparts and stamping

Renewable energies

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Corporacion Gestamp
Two of the main milestones of the group was the arrival as a shareholder of Arcelor Mittal in 1992 & the entry into the Renewable sector in 2007

Gonvarri Establishment.

Entry in automotive components industry

Arcelor becomes Gonvarri shareholder

Arcelor becomes Gestamp Automocion shareholder

Gestamp Renewables Establishment

1958

1966

1986

1989

1992

1997

1997

2007
Corporacion Gestamp enters renewables businesses

2009

2011

1st Steel Service Center in Burgos (Spain)

Corporacion Gestamp Establishment

Establishment of Gestamp Automocin as an independent business unit

Split of Gonvarri Steel Industries into

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GRI
Divisions Overview

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GRI Renewable Industries

During 2007 Gestamp analyzed the possibility of entering a new business line
Diversificatio n in products , clients & markets

Associated with the Steel Industry High growth potential

Higher profitability than core business

New Business Line

In 2008 Gestamp launched a new division named GRI focused on industrial components for the renewable sector
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GRI Renewable Industries

The industrial market for the renewable energy matched Gestamps business model and presented significant opportunities for the group
Gestamp Business Model
Steel Market Knowledge Commercial relation with big OEMs

Large steel consumers

Few large OEM's

Trend towards Global Supply Chain

VERTICAL Integration of Businesses

Geographic Diversification

Global development and growth

Subsidized & regulated Markets

Spanish Technological Leadership

Original GRI Development Model

Know-how adquisition in mature markets Export Know how to booming Markets

Steel Industry

Value chain integration

OEM Proximity

Create a replicable Business model

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GRI Renewable Industries

GRI developed a matrix that exposes a clear vertical integration & geographical diversification strategy to succeed in the new market
Value Chain & Products
S/T PRESENCE PLANED

Cutting and beveling

Flanges

Towers

Turbine components

Logistics and assembly

Offshore

Hybrid towers

SPAIN

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Markets
Operating

CHINA

BRAZIL

USA

TURKEY

INDIA

SOUTH AFRICA NORTHERN EUROPE

ST Objective

LT Objective

GRI Renewable Industries

In 2008 the Industrial division within the renewable sector was born through the acquisition of Ganomagoga a spanish group focused in wind tower manufacturing
GWS Bandirma Inauration TURKEY
Acquisition of Ganomagoga SPAIN

Shandong Iraeta 3 Inauguration CHINA

Cutting & Beveling

PERNAMBUCO

Acquisition of FIHI SPAIN & CHINA

Acquisition of Shrenik INDIA

1st 2008

2st 2008

1st 2009

2st 2009

1st 2010

2st 2010

1st 2011

2st
Semester

1st
Semester

2st
Semester

1st
Semester

Semester Semester Semester

Semester Semester

Semester Semester

2011

2012

2012

2013

Towers Flanges GRI Services

GWS Pernambuco Inauguration BRAZIL

Acquisition Golden Luyang CHINA

JV with Berge (GesBerg)

New GHT business unit

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GRI Renewable Industries

As market through our strategy GRI competes in wind market through its three business units
OnShore Towers Hybrid Towers O/S Towers

Wind Flange Standard Flange Nuclear & O/S Flange Cutting & Beveling GesBerg Logistics

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GRI Renewable Industries

GRI concentrates its efforts in integrating all the main industrial processes to enhance our know-how & reduce supplier risks .

Towers

Flanges

Logistics

B ENDING

LONGITUDINAL WELDING

JOINT S EGMENTS

F ORGING

R ING R OLLING

HEAT TREATMENT

LOGISTICS

S TORAGE AREA

INSTALLATION

ASSEMBLY

OF

C OMMERCIAL

PAINTING

METALIZING MECHANIZING CNC D RILLING B ENDING

MAJOR C ORRECTIVE MAINTENANCE

R ETROFITTING

PREVENTIVE MAINTENANCE

Hybrid Towers
B LASTING WELDING C ELLS WELDING
OF INTERNALS

WELDING/F LASH WELDING

C UTTING & B EVELING

F OUNDATION

PREFABRICATION

ASSEMBLY

TRANSITION PIECE

S TEEL S ECTION

C OMPLETE TOWER

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GRI Renewable Industries

.while reaching global commercial agreements with all the main market players

Towers

Flanges

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GRI Renewable Industries

GWS has been following its main clients to key strategic markets, with state of the art facilities, to provide them with a global & efficient supply
GWS Galicia
Capacity: 500 towers / year Max. diameter capacity: 4,700mm Max. length of sections: 34m Max. plate thickness: 70mm Max. weight of sections: 80 tons. Workforce Oct.2011: 265

GWS Bandirma

Capacity: 250 towers / year Max. diameter capacity: 5,000mm Max. length of sections: 34m Max. plate thickness: 70 - 85mm Max. weight of sections: 80 tons. Workforce Oct.2011: 120

GWS Pernambuco

Capacity: 600 towers / year Max. diameter capacity: 5,000mm Max. length of sections: 34m Max. plate thickness: 58 - 70mm Max. weight of sections: 80 tons. Workforce Oct.2011: 274

GWS India

Capacity: 300 towers / year Max. diameter capacity: 5,000mm Max. length of sections: 34m Max. plate thickness: 70 - 85mm Max. weight of sections: 80 tons. Workforce Oct.2011: 120

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GRI Renewable Industries

FIHI has established its industrial presence in key strategic markets, such as China & Spain, allowing us to supply & compete in all main markets
Iraeta Zestoa
Capacity 30 .000 Tn/ Year Max. diameter 6.500 mm Max. thickness 450mm Max. flange weight 20 tons. Workforce Oct.2011: 153

Shandong Iraeta 1

Capacity 20 000 Tn/ Year Max. diameter 2.000 mm Max. thickness 200mm Max. flange weight 2 tons. Workforce Oct.2011: 220

Shandong Iraeta 2

Capacity 25.000 Tn/ Year Max. diameter 6.200 mm Max. thickness 400mm Max. flange weight 8 tons. Workforce Oct.2011: 280

Shandong Iraeta 3

Capacity 28.000 Tn/ Year Max. diameter 8.000 mm Max. thickness 800mm Max. flange weight 40 tons. Workforce Oct.2011: 120

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GRI Renewable Industries

GRI Services is accessing areas of the industries value chain in which GRI believes there is a good business opportunity
Gesberg
Tower Logistic 2012: 20 Tower Installation 2012: 75 Workforce 2012: 43

GHT

Capabilities: Foundations Prefabrication Installation

Workforce 2012: 3

C&B Pernambuco

Tn Process Capacity: 48,,000 Max Dimensions: Thickness: 60mm Diameter: 15x4 Mtrs Weight: 17 Tn

Workforce 2012: 29

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June 2013

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