Posts Tagged ‘ Latin America ’

PPG Invests $44 Million to Boost Global Powder Production

May 31st, 2023

PPG recently announced a $44 million investment to upgrade five powder-coating manufacturing facilities in the U.S. and Latin America. The projects are part of the company’s strategic efforts to expand its powder coating offerings and increase global production, officials said. Collectively, the company expects the investment – $30 million for U.S. plants and $14 million […]

Assa Abloy Reports ‘Very Strong Start’ to 2023 Amid Court Dealings

Apr 26th, 2023

Assa Abloy’s acquisitions during the first fiscal quarter of 2023 and organic sales growth of 8% are among the factors prompting president and CEO Nico Delvaux to suggest the company has seen a “very strong start to 2023.” The positive report comes amid a challenging week, as the company faces a bench trial, seeking to […]

Vitro Board of Directors Approves Construction of New Float Furnace

Jun 28th, 2021

Vitro announced that its board of directors has approved the 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 growing market demand in Latin America, officials said, with greater product availability and improved logistics. “Board approval of the construction […]