
The nearshoring trend has crystallized tangible benefits for Vitro, a company dedicated to the manufacture of glass in Mexico and the United States, confirming that during 2023 it has made investments of 310 million dollars, as stated by Adrián Sada Cueva, general director of the company.
Recently, Vitro extended a contract with First Solar to provide glass faceplate for advanced thin film photovoltaic solar panels, which will translate into a sales value of approximately $1.3 billion over the next 10 years and involved an investment of $180 million. of dollars for Vitro.
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He pointed out that the benefits are not short-term because the operation of a factory is complex and takes a couple of years to develop and adapt operations to be ready.
They recently made an investment of $60 million, which they scaled to $100 million, to install a new architectural glass coating oven, Coater 8, within their plant in Mexicali, Baja California.
With this oven they will produce solar control glass to meet the demand of the electric vehicle market and the real estate sector on the west coast of the United States and Mexico.
“The goal is to try to convert most of the glass in Mexico to solar control glass,” said Ricardo Maiz, president of Vitro Arquitectónico.
The technology to create solar control glass in its new furnace is very promising in light of the transition to electric vehicle production and new sustainable building codes.
In fact, he said, some electric vehicle manufacturers in North America and Europe are adapting this technology, others are exploring it and considering it in the new vehicles they are designing.
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“With building codes, the demand for more sustainable facades is increasing. In the United States the codes are increasingly stricter because they demand that buildings be more efficient (in energy consumption),” he added.
Going forward, they foresee significant growth and a lot of expansion with the operational position that we have today, of technological and also market leadership. We feel that we are at the right time to take advantage of nearshoring, concluded Sada Cueva.
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