| | Business Summary | | Internacional
de
Ceramica
is
engaged
in
the
manufacture
and
distribution
of
glazed
ceramic
floor
and
wall
tile
and
related
products.
The
Company
began
operations
in
1979
introducing
in
the
market
a
new
technology
called
Monocotture,
which
is
used
in
the
production
of
ceramic
tile.
The
Company
has
steadily
grown
since
inception,
and
has
expanded
its
capacity
to
23.2
millions
of
square
meters
per
year,
35
times
its
initial
capacity.
The
Company
has
four
production
complexes,
three
located
in
Chihuahua,
Mexico
and
one
in
Garland,
Texas.
The
Company
commercializes
its
products
in
Mexico
through
its
franchises,
which
offer
a
complete
decoration
package
including
floor
and
wall
tile,
bathroom
furniture,
and
fixtures.
The
Company
displays
its
offerings
via
exhibitions
and
provides
decoration
consulting
through
specialized
personnel.
It
has
approximately
200
stores. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Internacional
de
Ceramica
is
engaged
in
the
manufacture
and
distribution
of
glazed
ceramic
floor
and
wall
tile
and
related
products,
primarily
in
Mexico
and
the
U.S.
The
Company
also
manufactures
grouts
and
adhesive
materials.
For
the
fiscal
year
ended
12/31/99,
net
sales
rose
7%
to
PS2.31
billion.
Net
income
according
to
U.S.
GAAP
totaled
PS189.1
million
vs.
a
loss
of
PS46.8
million.
Results
reflect
higher
sales
volumes
and
increased
foreign
exchange
gains. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Oscar Chambre | Chairman | | Victor Garcia | Pres,
CEO, Director | | Norma De Champion | Sec.,
Director |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/i/icm.gif)