Sika is opening a new mortar production facility at Coatzacoalcos in southeast Mexico. The new plant will also take over the manufacture of concrete admixtures from the previous production site at Villahermosa. Through its five factories, Sika has now established a nationwide supply chain. With a population of 120 million, Mexico has one of the largest domestic markets in Latin America and is investing heavily in infrastructure expansion.
Apart from supplying contractors with product technologies for major construction projects, Sika is also intensifying business in the builders' merchants sector. In 2016, sales of products to end users via building material stores rose by 25%. This is due, among other things, to the extensive training programs offered by Sika for merchants and end customers.
"The new production site at Coatzacoalcos will strengthen our position in one of Mexico's four main business centers. From here, we can supply construction projects in the metropolis of Mexico City, as well as the booming tourist centers on the Gulf of Mexico. Sika has invested strongly in the expansion of its production capacities in Mexico in recent years and is recording good growth rates in the country," said José Luis Vázquez, Regional Manager Latin America
Robust Growth expected In Construction Industry
Mexico is Latin America's second biggest economy. The construction sector is benefiting from the 2014–2018 National Infrastructure Program and the associated CHF 600 billion of investments. The funds are spent on residential construction, urban development and infrastructure projects in the transport, energy and water sectors.
Source: Sika AG