Marcos Mastretta, Managing Director of CIPSA
, comments: "The unified ownership structure will allow us to fully execute our vision of being the leader in the construction industry.
31 March 2011 - Fitch lowered Thursday to D(ind) from BB-(ind) the national long-term rating of Indian semiconductors and electronics company CIPSA
TEC India Pvt Ltd.
In 1992, the plastics housewares leader acquired CIPSA
, a Mexican plastics manufacturer, to consolidate its Mexican operations and expand its Latin American business.
Before joining Fineline Group, he has held senior positions in CIPSA
Group, Commercial director at DIEMEN Group, Marketing and Sales director at ELBASA (IBV Group) and Operation and Marketing Manager at Hughes Microelectronics Europe Spain, where he was responsible for the SMD and COB assembly plant in Malaga, Spain.