Barranquilla-based window-maker Tecnoglass, Inc. (NASDAQ: TGLS) has formed an alliance with home building products manufacturer Schüco USA LLLP that will touch on distribution, manufacturing, and materials.
The partnership creates a shared distribution network in the Americas and will allow Tecnoglass to manufacture and sell Schüco-branded products in North America and Latin America.
Tecnoglass will also supply glass and aluminum products to the German-headquartered company, which specializes in window, door, and facade systems for homes and buildings.
“This alliance is a remarkable opportunity for Tecnoglass to serve new markets and expand its offering of cutting-edge products,” said Christian Daes, chief operating officer of Tecnoglass.
“This is a win/win for both companies,” he added. “Jointly we will be able to take advantage of Tecngolass’ state-of-the-art production facilities while sharing each other’s established distribution networks across the Americas.”