Techint

Techint

Type	Private
Industry	Steel, Mining, Constructions, Engineering, Healthcare
Founded	1945; 72 years ago (1945)
Headquarters	Milan, Italy Buenos Aires, Argentina
Key people	Gianfelice Rocca - Techint, Tenova, Humanitas Chairman Paolo Rocca - Tenaris, Ternium Chairman
Products	Flat-rolled steel, tubular steel, industrial machinery, public infrastructure, oil & gas, mining, energy, health services
Revenue	US$ 25.477 billion (2012)
Number of employees	59,196 (2012)
Subsidiaries	Tenaris, Ternium, Techint E&C, Tenova, Tecpetrol, Humanitas
Website	Techint

Techint is an Italian-Argentine conglomerate founded in Milan in 1945 by Italian industrialist Agostino Rocca and headquartered in Milan (Italy) and Buenos Aires (Argentina). Today the Techint Group is composed of six main companies with an international reach, all global or regional leaders in their fields, in the following areas of business: engineering, construction, steel, mining, oil & gas, industrial plants, healthcare. Techint, with its subsidiaries, is the largest steel making company in Latin America. Techint is the world's largest manufacturer of seamless steel tubes, mainly used in the oil industry.

Agostino Rocca, an executive at Ansaldo and later at Dalmine and Siac (steel and iron industries) founded Compagnia Tecnica Internazionale (Italian for "Technical International Company") in Milan in September 1945, but developed its main activity worldwide. The original company name was changed after to Techint, its abbreviated telex code.

The company began providing engineering services to a growing number of clients in Latin America -to where Agostino Rocca had traveled after World War II- and Europe. Construction activities soon followed: the first major Techint Engineering and Construction (E&C) project was a network of large diameter pipelines in Argentina and Brazil.

Awarded a contract to build a 1,600 km (1,000 mi) gas pipeline from Comodoro Rivadavia to Buenos Aires in 1949 by President Juan Perón, Techint became a leading government contractor during Perón's ambitious infrastructure program in Argentina. Creating subsidiaries in Brazil (1947), Chile (1951), and Mexico (1954), the company opened its first seamless steel tube plant in Campana, in 1954; in 1969, Techint's Ensenada plant became the only Argentine manufacturer of cold rolled steel.