Vitro Announces Construction of New Float Furnace at Garcia Plant
June 23, 2021 at 12:05 pm EDT
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Vitro, S.A.B. de C.V. announced that its Board of Directors has approved construction of a third float furnace at the company’s García plant near Monterrey, Mexico. The approximately $120 million investment will allow the company to meet the growing market demand in Latin America and provide greater product availability and improved logistics, enabling the company to provide a higher level of service to its customers and markets.
Vitro, S.A.B. de C.V. is a glass producer in Mexico. The Company, through its subsidiary companies, produces, processes, distributes and markets a range of glass products. It operates through two segments: Glass containers, which includes glass containers, precision components, as well as machinery and molds for the glass industry, and Flat glass, which includes flat glass for the construction and automotive industries, and carbonate and sodium bicarbonate. The Company's products include glass containers, float glass, automotive OEM glass, automotive replacement glass, machinery & equipment, and chemicals. It is also a supplier of raw materials, mold manufacturing, equipment and machinery, and equipment for industrial and chemicals. Through its Containers and Float Glass business units, it serves the cosmetics, perfume pharmaceutical, construction and automotive industries, as well as the chemical, machinery and equipment, and molds industries.