Date: 22 June 2021
Vitro, S.A.B. de C.V., today announced that its Board of Directors has approved construction of a third float furnace at the company鈥檚 Garc铆a plant.
The approximately $120 million USD 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.
鈥淏oard approval of the construction of this new float line demonstrates Vitro鈥檚 commitment to meeting the needs of the markets we serve,鈥 said Adrian Sada Cueva, chief executive officer, Vitro. 鈥淰itro is continually developing new products with improved efficiency, aesthetics and value. With building construction steadily increasing in the region, these are the attributes that the industry is seeking in glass. Expanding our capacity will help meet that demand and allow us to get glass to our customers faster, using the latest production technologies.鈥
Since Vitro acquired the flat glass business from PPG in 2016 and Pittsburgh Glass Works in 2017, the company has made significant investment in its North American operations, most notably the rebuilding of both float lines at Vitro鈥檚 Carlisle, Pennsylvania plant, and the construction of a jumbo coater in Wichita Falls, Texas, a $67 million USD investment.
鈥淲hile the primary purpose of this new line is to meet growing market demand in the Latin American region, the additional capacity will allow us to provide a higher level of service to our customers,鈥 said Ricardo Maiz, president of Vitro Architectural Glass. 鈥淭his is especially important as we continue to release new products that are in high demand, such as our Acuity鈩 low-iron glass with the full range of energy efficient Solarban庐 low-e coatings.鈥
Construction of the new furnace will begin later this year.
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