Constellation Brands, Inc. Enters into Glass Supply Contract with Vitro
August 15, 2014 at 10:36 am EDT
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Constellation Brands Inc. announced supply contract with Vitro (S.A.B. de C.V.). The company is currently in the process of finalizing a comprehensive, optimal glass sourcing strategy for its beer business. While the company has entered into a long-term glass supply agreement with Vitro (S.A.B. de C.V.) for approximately 25%-30% of its beer glass needs, this is just one part of the company's evolving glass strategy.
Vitro, S.A.B. de C.V. is a glass producer in Mexico. The Company, through its subsidiary companies, produces, processes, distributes and markets a range of glass products. It operates through two segments: Glass containers, which includes glass containers, precision components, as well as machinery and molds for the glass industry, and Flat glass, which includes flat glass for the construction and automotive industries, and carbonate and sodium bicarbonate. The Company's products include glass containers, float glass, automotive OEM glass, automotive replacement glass, machinery & equipment, and chemicals. It is also a supplier of raw materials, mold manufacturing, equipment and machinery, and equipment for industrial and chemicals. Through its Containers and Float Glass business units, it serves the cosmetics, perfume pharmaceutical, construction and automotive industries, as well as the chemical, machinery and equipment, and molds industries.
VITRO, S.A.B. DE C.V. 