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The strategic move will more than double the addressable market for Tecnoglass.

Tecnoglass says that the move will have no effect on the company’s Barranquilla manufacturing or production employment,

Corporate management teams will be available for one-on-one and small group meetings with investors.

The company is coming off a strong year that saw it jump from NASDAQ to the NYSE, and defeat a short selling campaign while showing record revenues.

Tecnoglass will be participating in the Zelman Virtual Housing Summit & the DA Davidson 21st Annual Diversified Industrials & Services Conference

Facility Investments Expected to Increase Operational Capacity to Approximately $950 Million In Revenues by the End of the Second Quarter of 2023

The manufacturer announced their backlog has expanded 17.9% Year-Over-Year to a Record $651 Million USD

The partnership creates a shared distribution network in the Americas and will allow Tecnoglass to manufacture and sell Schüco-branded products.

The payment will be made to all Tecnogloass shareholders of record at the close of business on October 26.

The dividend will be paid to all shareholders as the close of business on June 29.