San Pedro Garza García, Nuevo Leon, October 3, 2016 - Vitro, S.A.B. de C.V. (BMV: VITROA), the leading glass manufacturer in Mexico, has successfully concluded the acquisition of the flat glass business from PPG (NYSE:PPG).
The transaction was approved by the governing bodies of both companies and by the relevant regulatory authorities in the United States and Canada.

The business includes PPG’s entire flat glass manufacturing and glass coatings operations in the United States and Canada, which includes four manufacturing plants with a total of five flat glass furnaces; a research and development center; and four distribution and fabrication facilities in Canada.

New jumbo coater investment
The company also announced the expansion of its coating production capability with the construction of a jumbo MSVD glass coater, which will be built at an existing location of the newly acquired business. MSVD coaters are used to produce high-performing, energy-efficient low-emissivity (low-e) glass.

The projected coater will be capable of coating jumbo sizes, and we expect it to be the largest of its kind in North America.

Adrian Sada Cueva, chief executive officer of Vitro, said, “The company’s Flat Glass Division has become a key business for Vitro, and this investment will allow us to strengthen it by offering a wider set of solutions to our customers. Through this investment, we will create value for our shareholders and our new flat glass business will reassert its standing as the leader in the commercial glass segment in North America.”

 

For further information, please contact:

MEDIA AND INVESTORS
David López
Vitro, S.A.B. de C.V.
+ (52) 81-8863-1661
dlopezgar@vitro.com

U.S. AGENCY
Susan Borinelli
MBS Value Partners
(646) 330-5907 / 452-2334
susan.borinelli@mbsvalue.com

About Vitro Architectural Glass

Vitro Architectural Glass, part of Vitro, S.A.B. de C.V. (BMV: VITROA), is the largest glass producer in the Western Hemisphere, manufacturing a range of industry-leading, energy-efficient, high-performance products such as Solarban^®, Sungate^® and Starphire Ultra-Clear^® glasses. Committed to continually raising the industry standard for sustainability, Vitro was the first U.S. glass manufacturer to have its entire collection of architectural glass products earn Cradle to Cradle Certified^® status and the first North American manufacturer to publish third-party verified Environmental Product Declarations (EPDs) for flat glass and processed glass products. Additionally, all Vitro architectural glass products meet the Top 20% Low Embodied Carbon (LEC) material category based on standards set by the Inflation Reduction Act of 2022 and the U.S. General Services Administration (GSA). Vitro operates seven glass production facilities across North America, four residential glass fabrication plants in Canada and one of the world’s largest glass research and development facilities in Pittsburgh, Pennsylvania. For more information, please visit VitroGlazings.com.

Media Contact:
Robert J. Struble
Vitro Architectural Glass
412-820-8138
rstruble@vitro.com
www.vitroglazings.com