San Pedro Garza García, Nuevo León, Mexico, June 23, 2021 (GLOBE NEWSWIRE) -- Vitro, S.A.B. de C.V. (BMV: VITROA), today 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 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 s
Mexican glass producer Vitro said on Friday that some of its units in the United States will receive a total of $75 million in financing from ING Bank NV, which will go towards the early payment of existing debt. "With the provision of this loan, on March 1, 2021, we will successfully execute the total refinancing plan of the syndicated loan debt," Vitro said in a statement.