PROJECT

Projects

Summary of Investment Information

Project Number

33550

Company Name

PUERTAS FINAS DE MADERA MONTEALBAN, S.A. DE C.V.

Date SPI Disclosed

Aug 27, 2013

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

Sep 27, 2013

Environmental Category

B - Limited

Status

Active

Last Updated Date

Nov 30, 2016

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Agribusiness and Forestry

Previous Events

Approved : Sep 27, 2013
Signed : Sep 30, 2013
Invested : Dec 4, 2013

Sector

Solid Wood Products (VAP)

Project Description

The project will expand operations of Holding Montealban SA de CV ( “Puertas Finas” or the “Company”), a leading company in the production of doors, contract woodwork and plywood in Mexico. The project includes: (i) implementing its 2012-2016 capital expenditures program; (ii) satisfying working capital needs; and (iii) refinancing of existing debt. Puertas Finas’ capital expenditures program aims at the modernization, expansion and energy efficient improvements of its existing operations. The Company has production facilities in various parts of Mexico and its headquarters are located in Oaxaca.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation