MAPEI recently committed to a further capital expansion south of the U.S. border into Latin America. The leading manufacturer of adhesives, sealants and chemical products for the building industry has opened MAPEI de Mexico SA de CV, with headquarters in Santiago de Queretaro, Queretaro, Mexico.
The regional distribution center in Queretaro will serve floor-covering installers and concrete restoration contractors from a more local base. The global company already has manufacturing facilities in Venezuela and Argentina. "We see a strong, lucrative market in Mexico, with a great deal of potential for our products," said Luigi Di Geso, President and CEO of MAPEI Americas. "We feel that this distribution center will show our commitment to the market and provide a solid stepping stone to our company's future in Latin America."