The 4D multi-annual expansion plan is betting on the consolidation of regional leadership in all the segments of the paint market and the opening of new markets in southern Mexico, Peru, Colombia, Dominican Republic and Puerto Rico where they are analyzing mergers.
It includes a $10 million investment in a modern paint factory near Puerto Quetzal which should being operations in 2009 and which will facilitate the supply of raw materials and exports. Our goal is for every gallon of paint sold in Central America to include one or more of our products, said Yara Argueta, executive president of the company.

Source: elperiodico.com.gt

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Paints: $20 Million for New Plant

October 2019

The Guatemalan business group Solid, manufacturer of Paleta and Corona paint brands, will invest $20 million in a production plant in the Dominican Republic.

With the projected investment, the business group plans to distribute its Corona brand products in 12 stores and 500 hardware stores in the Dominican Republic.

New Paint Plant for $18 million

October 2011

Grupo Solid has opened its new ‘Superbia’ factory in Escuintla, allowing it to double its production capacity and expand into more markets.

With the increase in installed capacity they expected to increase production by 100% and so start their expansion plan in the Central American market.

Guatemala to Export 22 Million Gallons of Paint in 2012

April 2011

Operations have begun at new Celco and Grupo Solid paint manufacturing plants, enabling new markets to be opened.

The increase in installed capacity is expected to lead to an increase in production. By 2012, the manufacture of 30 million gallons of paint are estimated to be possible, of which 8 million gallons will go toward national markets and the rest will be exported.

Solid Group Negotiates Loan with IFC for Paint Factory

May 2010

Solid Group signed a $10 million loan with the International Finance Corporation to build a paint factory in Guatemala.

The future plant will be located in Escuintla and will start operations next year. Requiring a total investment of $16 million, it will be the largest of its kind in Central America.