Page 60 - GM_2018_6
P. 60
COUNTRY PROFILE
Country profile
in 2016 amounted 10.7 billion manufacturer Vitro in 2015 for build upon our position as the
litres, an increase of 8 per cent about USD 2.3 billion. With this world’s leading glass packag-
compared to 2015. transaction, O-I acquired five ing company,” according to Al
The fact that Mexico is the food and beverages glass con- Stroucken, who was chairman
largest global beer exporter has tainer manufacturing plants in and CEO of O-I at the time of
also helped the cause of the con- Mexico, one plant in Bolivia and acquisition.
tainer glass industry. The country the distribution of container glass The company’s plant in
exported USD 3.8 billion worth products in the United States. Monterrey, better known
of beer in 2017. These figures Vitro’s Cosmetics, Fragrances as Vidriera Monterrey S.A.
represent 26 per cent of glob- and Toiletries (CFT) segment, (Vimosa), where its corporate
al beer exports, indicating the the company’s Machinery and offices in Mexico are located, is
strength of Mexican beer exports. Equipment business, as well as the largest O-I plant. O-I’s other
its equity participation in the plants in Mexico are Vidriera
MAJOR CONTAINER GLASS Comegua joint venture, in Central Guadalajara S.A. (Vigusa),
MANUFACTURERS IN America, were not included in Vidriera Los Reyes (Virreyes),
MEXICO this transaction. Presently, O-I Vidriera Toluca S.A. (Vitolsa)
Owens Illinois (O-I) Mexico Mexico’s operations are com- and Vidriera Querétaro S.A.
The largest global container posed of five plants that employ (Viquesa).
glass manufacturer O-I is also approximately 5,600 people.
the largest container glass manu- “As a leader in the strong and Grupo Modelo
facturer in Mexico. O-I entered growing Latin American market, Global brewer AB InBev-
the Mexican container glass the addition of Vitro represents a owned Grupo Modelo operates
industry by acquiring the then significant opportunity to extend three container glass plants in
country’s largest container glass our global franchise and further Mexico. These container glass
glass machinery plants & accessories 6/2018
58

