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Vitro Will Invest $70 Million Dollars for Improvements to Its Plant in the State of Mexico
Vitro, a leading glass manufacturing company in North America, has announced plans to invest approximately $70 million in the State of Mexico.
Vitro will invest $70 million in a new glass furnace in Mexico. Photo: Lepro
10/15/2021
Vitro, a leading glass manufacturing company in North America, has announced an investment of approximately $70 million in the State of Mexico (EdoMéx). According to the statement, the funds will be used for the construction of a new glass furnace at their plant located in Toluca.
"This new furnace will feature the best technology for manufacturing high-quality glass with sophisticated design," commented Adrian Sada Cueva, CEO of Vitro.
He further mentioned that this investment will allow them to offer a greater availability of products.
Alfredo Del Mazo, the governor of EdoMéx, stated that this new project will increase their capacity and improve smelting processes, industrial safety conditions, and environmental protection.
Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.
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