News
View previous2024-10-17
GIS EBITDA grows by 66% in 3Q24
Saltillo, Coahuila, October 17, 2024.- Closing the third quarter with US $29M in consolidated EBITDA, GIS reported a notable recovery in profitability, thanks to operational improvements and commercial and administrative efforts implemented in its auto parts business, Draxton.
read more2024-10-02
Inauguration of Evercast’s expansion
As we celebrate 10 years since the signing of our joint venture to build Evercast, we have inaugurated the Machining and Plating expansion at our plant in Irapuato, Mexico.
read more2024-05-19
First Global Edition of the San Isidro 15K GIS Celebrated
Saltillo, Coahuila, May 19, 2024.- At precisely 6:30 in the morning, 3,000 runners experienced the 47th edition of the San Isidro 15K GIS Race through the streets of Saltillo. Additionally, employees from the group's businesses in 6 countries participated in the first global edition of the race.
read more2024-05-10
GIS Announces Successful Syndicated Financing to Strengthen Maturity Profile
Saltillo Coahuila, Mexico, May 10, 2024 -- Grupo Industrial Saltillo, S.A.B. de C.V. (BMV: GISSA) (“the Company,” “GIS,” or “GISSA”) announced that, as part of its financial strategy, it has signed a syndicated credit agreement for up to USD $190 million to refinance existing debt and strengthen liquidity.
read more2024-04-25
GIS Board Members Visit Expansions
In April, the GIS Board of Directors visited the Draxton facilities in San Luis Potosí and Evercast in Irapuato to review the progress of the foundry and plating expansion projects.
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