Vitro - Recent Report

Mexico's glass maker Grupo Vitro said it projected sales volume growth of 10% in 2000 and also said it would issue US$100m in European bonds. "We estimate additional sales of US$250m, an increase of 10%, starting in 2000 reaching full effect in 2001," Vitro said in a report. In its flat glass division, Vitro recently acquired Harding Glass through its Memphis-based subsidiary VVP America, which it expects will bring in an additional US$90m a year.