Tag Archives: Vitro

Companies Make Final Pitch as GlassBuild Comes to Close

The 330-plus industry suppliers at GlassBuild America 2014 wrapped up their exhibits in Las Vegas Thursday—some with a longer trip home than others. Onyx, which recently partnered with AGC Glass Company North America, was one of those companies, showing its … Continue reading

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Vitro Releases Third-Quarter Results; Notes Positive EBITDA, Reduced Debt

Vitro S.A.B. de C.V. has released its financial results for the third-quarter, and reports that its consolidated EBITDA increased 0.6 percent year-over-year for the third-quarter, totaling $106 million (U.S. dollars). The company attributes the positive result to “a good performance … Continue reading

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Vitro Officials Say Settlement Has Been Reached

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Vitro S.A.B. de C.V. officials say they have closed the previously announced settlement agreements that they expect to enable the company to definitively conclude its restructuring process. According to Vitro, the agreements should “effectively end all litigation between Vitro and … Continue reading

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Vitro Names New CEO

The board of directors of Vitro S.A.B. de C.V. has appointed Adrian Sada Cueva as the company’s new CEO. He succeeds Huga A. Lara Garcia, who is retiring. “I congratulate Adrián for the responsibility he is accepting,” says Garcia. “I … Continue reading

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Vitro in Talks with Creditors

Vitro S.A.B. officials have announced that they are “holding talks with creditors regarding [the company’s] financial restructuring process.” According to Vitro, the announcement was made at the request of the Mexican stock exchange. In addition, company officials say, “In the … Continue reading

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Binswanger Glass Names New Virginia Manager

Binswanger Glass has named Bill White as its new area manager for Virginia. Prior to joining Binswanger, White held several senior positions at former Binswanger parent company Vitro America for more than 33 years, including director of fabrication processes and … Continue reading

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Court Denies Request for Reconsideration of Vitro Case

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A judge for the Fifth Circuit Court of Appeals in New Orleans has denied Vitro’s recent motion for “en banc” consideration of the court’s decision affirming an original ruling denying Vitro SAB’s use of a Mexican bankruptcy restructuring plan in … Continue reading

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