Grupo Rotoplas, S.A.B. de C.V. (BMV: AGUA*) (“Rotoplas” or “The Company”), the leading provider of water solutions in the Americas, announces the start of operations of its manufacturing plant in Nicaragua to supply water storage products in response to growing demand. The expansion of operations is aligned with the sustainable growth and profitability agenda established in the 5-year business plan 2021-2025.
Yesterday, March 29th, operations began at the new facility in the city of Managua, Nicaragua. The plant will supply the southern region of Central America; Nicaragua, Costa Rica and Panama, with the aim of increasing market share, improving delivery times and reducing logistics costs.
With the purpose of “giving people more and better water”, we seek to generate a positive impact that transcends our operations and contributes to promote a more sustainable society from a social, environmental and economic perspective. That said, the new plant will create direct and indirect jobs by relying on more than 70 suppliers of products, services and materials, thus strengthening the local economy. In addition, the plant employs solar energy, reducing its carbon footprint, and has water recovery procedures for cooling systems in the manufacturing process.
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Investor Relations Contact Details
Mariana Fernández
Tel: +52 (55) 5201 5000 Ext. 50163
mfernandez@rotoplas.com
María Fernanda Escobar
Tel: +52 (55) 5201 5000 Ext. 50341
mfescobar@rotoplas.com