Construction of Interceramic plant in Guanajuato moving forward

The International Ceramic firm (Interceramic) is carrying on with the necessary processes to build a new plant to produce ceramic tiles in San Luis de la Paz, Guanajuato, with a US$80 million investment. The Company specified that this plant represents a US$73 million investment in fixed assets and US$7 million investment in work capital. As reported, the first stone to this plant was laid in November 2016; this is the group’s first factory outside Chihuahua, with expectations to create 200 jobs.