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Fitch says the rating reflects the firm's good market position in windows, low cost base, and long-term expected growth rate.

"We want Barranquilla to be known in the future as the capital of windows in the world," said Christian Daes.

Santiago Giraldo will replace Joaquin Fernandez, who will move to a new financial role related to the company's operating subsidiaries.

Though record-high revenue didn't lead to higher profits, Tecnoglass believes investment in “high-return projects" will yield good results throughout 2017.

The quarterly dividend of $0.125 per share will be payable on April 28, said Tecnoglass earlier this month.

Tecnoglass says the $35 million USD acquisition will diversify its distribution network and strengthen its position in the United States.

Struggling Gran Colombia Gold Corp. (TSX: GCM, OTC: TPRFF) announced today that it has negotiated a favorable contract amendment with the primary contract miner at its Segovia Operations and the company will resume monthly interest payments on February 28, 2015 on its Senior...