Tiger invests in new plant in Peru

Last week a new Tiger plan went into operation in Peru. The Unit received investment exceeding 30 million dollars and was installed in the Lurin, near Lima.
According to the company's announcement, the plant will double the capacity of pipes, connections and accessories produced by Tiger in the Peruvian market and may reach 45,000 tons per year.
"The Peru has great importance for our business, the opportunities it holds for companies in the construction sector and the growing economic scenario. We bet a lot on the success of this operation, "said Otto von Sothen, Tiger's President, in a statement.
Tigre operates in Peruvian market since 2008, when he bought the popular brand of plastic pipes and fittings. In 2013, acquired Matusita, same segment, with premium positioning.