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.
Guatemala's Celco is to invest in the enlargement of its paint production facility.
Celco boss, Javier Castillo, indicated that the expansion of the plant located in Villa Nueva will increase output from 0.4 to 1.1 million liters of paint per month.
Work will be carried out in two phases with the project due to be completed by 2012.
"This increase in production and innovation capacity will be combined with the development of franchised store premises. The aim is to take the business to Central America, Cuba and the Caribbean, though Castillo says the current priority is southern Mexico," reports Prensalibre.com.
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