Vitro, S.A.B. de C.V., through its subsidiaries, engages in the manufacture and sale of glass products primarily in Mexico. The company serves multiple product markets, including construction and automotive glass, food and beverage, wine, liquor, cosmetics, and pharmaceutical glass containers. Its subsidiaries also produce raw materials and equipment and capital goods for industrial use. Business Units The company operates in two segments, Glass Containers and Flat Glass. Glass Containers The Glass Containers segment manufactures and distributes glass containers for the soft drink, beer, food, juices, wine and liquor, pharmaceutical and cosmetics industries, as well as raw materials, machinery, and molds for the glass industry. This segment also manufactures and distributes soda ash, sodium bicarbonate, calcium chloridem and salt, which are the main raw materials used in the manufacture of glass products, and also used in the pharmaceutical, food and detergent industries; and capital goods, such as glass forming machines and molds. Its machinery and mold products include glass forming machines, castings for glass molds, machinery parts, and electronic controls. Customers: The company's customers include companies, such as Grupo Arca, Avon, Bacardi, Skyy Spirits, Campbells, Coty, Diageo, Encore Glass, Estee Lauder, Gerber, Grupo Cuervo, Grupo Domecq, Grupo Modelo, Herdez McCormick, Jafra, Jeyes, Jumex, Nestle, Pepsi Cola, Pisa, Procter & Gamble, Sauza, Tamazula, and The Coca-Cola Company. Competition: The Glass Containers segment faces competition from Saint Gobain and Owens-Illinois. Its raw materials subsidiary competes in the soda ash sector with the American Natural Soda Ash Corporation (Ansac). Flat Glass The Flat Glass segment focuses on the manufacturing, processing, and distribution of flat glass for the construction and the automotive industries. Its float glass products include float glass, architectural tempered safety glass, insulated glass units, laminated, and table tops. This segment’s automotive glass products include windshields, side laminated glass, rear, and side tempered glass. This segment comprises two main businesses, Float Glass manufacturing and distribution, and Automotive Safety Glass manufacturing and distribution. As of December 31, 2009, the Float Glass manufacturing business owned four float glass furnaces. The company's Automotive Safety Glass manufacturing and distribution business primarily serves the automotive OEM market in North America. It produces float glass used as a raw material for the manufacturing of automotive safety glass internally. The company's Automotive Safety Glass manufacturing and distribution business is also a manufacturer of safety glass products for the automotive OEM and automotive glass replacement markets in Mexico. The company’s foreign subsidiaries perform a majority of its flat glass operations in the United States and derive majority of its sales from the distribution and fabrication of construction glass, as well as from the distribution and installation of auto glass. The company’s foreign subsidiaries in Europe engage in the manufacture and distribution of value-added flat glass products for the Spanish, French and Portuguese construction industries, with specialties in value-added glass products and glass for landmark construction projects. Its foreign subsidiaries also conduct its Colombian flat glass operations and are engaged in the manufacture and distribution of flat glass products for the construction and automotive markets. The company, through one of its subsidiaries, processes, distributes, and installs flat glass products for the construction and automotive markets in the United States. The company operates in 23 states in the United States through 6 fabrication centers, 14 distribution centers, and 82 installation centers. Customers: The Flat Glass segment’s customer base includes distributors and installers in the construction industry in Mexico and abroad; various automotive manufacturers, such as General Motors, Ford Motor Co., DaimlerChrysler, Volkswagen, Nissan, and Freightliner; and distributors and installers in the automotive replacement industry. Competition: The company's Mexican flat glass subsidiaries face competition in the construction industry mainly from Saint Gobain and Guardian. With respect to automotive safety glass, its principal competitors include Saint Gobain, PGW, Asahi, Pilkington, and Zeledyne. In Europe, the company faces competition with regional competitors and integrated competitors, such as Saint Gobain. In central and south America, its main competitors are Guardian, Pilkington, and Saint Gobain. Suppliers The company's suppliers include Ansac; Unimin Corporation; and Tractebel Energía, S. de R.L. de C.V. History Vitro, S.A.B. de C.V. was founded in 1909.
vitro s.a.b.-series a
(VITROA:Mexico Stock Exchange)
Keramos 225 Poniente
Colonia Del Prado
Monterrey, NL 64410
Phone: 52 81 8863 1600
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for VITROA.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact VITRO S.A.B.-SERIES A, please visit www.vitro.com. Company data is provided by Capital IQ. Please use this form to report any data issues.