Guatemala’s Grupo Solid invests $18 million in new Escuintla plant to spur growth in regional markets for paint
Increasing demand for paint in the region has spurred Guatemala’s Grupo Solid into building a new production plant.
The new plant, known as Superbia, was officially opened in Excuintla. It will double the group’s production capacity. Investment was $18 million.
Grupo Solid has 95 percent of the Guatemalana market in paint, and 36 percent in the region. The aim is to reach 50 percent in the region.
Original source (in Spanish): El Periódico