Grupo Losan was looking for a facility in East Coast. They had a business opportunity with a firm located in Lehigh Valley, Allegheny. Finally, they got an agreement with OAK HILL to subscribe a capital increase in the company to become owners of 2/3 of the shares through a subsidiary.
Since then, OAK HILL has been growing significantly in USA, in revenues, profits and number of employee.
Company is facing an expansion in the plant with new machinery to cover an additional part of the business.