Tecnoglass Holdings Inc.

The United States accounts for approximately 96% of revenue, with particularly strong exposure to Florida and expanding activity in other populated U.S. markets. Principal manufacturing operations are located in Colombia, while U.S. facilities support distribution, glazing, architectural glass and customer access. The company serves North, Central and South America, the Caribbean and the Pacific through an approximately 6.5 million square foot integrated footprint. The Colombia-U.S. operating structure provides manufacturing scale but also creates exposure to cross-border trade, currency, political and logistics conditions.

The business is exposed to construction cycles, competitive pricing and project timing because most revenue comes from residential and commercial building activity. Its Colombia-centered manufacturing model and U.S.-concentrated customer base create sensitivity to tariffs, logistics, currency movements and political or economic tensions between Colombia and the United States. Execution risks from automation, acquisitions and geographic expansion could also affect service quality, capacity utilization and returns on invested capital.