Jean Veliz's questions to Tecnoglass (TGLS) leadership • Q2 2025
Question
Jean Veliz from D.A. Davidson Companies inquired about growth opportunities for Tecnoglass outside of its core Florida market, for both the residential and commercial segments of the business.
Answer
CEO José Manuel Daes explained that the company is expanding with its vinyl products in markets from Tampa northward and entering new areas like Jacksonville and the Panhandle. CFO Santiago Giraldo added that the dealer network has grown 15-20% since year-end, largely outside Florida. Daes confirmed this expansion strategy also applies to commercial, with projects in Georgia and plans to open in Nashville, Austin, Dallas, and Houston.