Mexican glass manufacturer Vitro is to invest $70 million for the construction of a glass container furnace at its plant in Toluca.
Construction of the new furnace will begin this year and start its operation in the first half of 2023.
The investment was approved by the Board of Directors to meet the increase in demand for glass containers.
“This new furnace will have the best technology for the glass manufacturing process with high quality, design and level of sophistication.
“With this we will offer greater availability of value-added products,” said Adrian Sada Cueva, CEO of Vitro.
“This investment confirms Vitro's commitment to offer the highest level of service to its customers and the markets in which we participate.”
In 2007, Vitro started operations in one of the largest glass containers plants in the world to meet, among others, the requirements of the packaging markets for cosmetics, fragrances, toiletries and pharmaceuticals with high quality and efficiency standards.
"The new furnace will provide additional capacity to offer and support our customers and their growing requirements for glass containers, providing a higher level of service in the regions and segments where we participate.
“The furnace will have modern technology to manufacture high-value-added glass containers with sustainable processes," said Shlomo Frymerman, Director of Glass Containers.