Mexico's Vitro plans to invest $150 mln in 2005

Newswire

MONTERREY, Mexico, March 17 (Reuters) - Mexican glass maker Vitro plans to make capital expenditures of $150 million this year to expand production lines making glass for the auto industry and to modernize its containers and flat glass units. Federico Sada, Vitro's chief executive, said on Thursday these investments will allow the company to take advanage of niche markets in the containers segment and develop new products for the car and glassware industries. "We have concluded our ...

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