TGI Opens New Panama Office

Tire Group International (TGI) has opened a new sales office in Panama City, Panama. Heading the new office will be Augusto Terracciano. Mr. Terracciano comes to TGI with a vast knowledge of the local Panamanian market and a background in international commerce; two essential elements to be successful in a country that is a crossroads for international trade.

“Establishing a local presence in Panama at this time fits into our growth strategy. Panama is a country that is experiencing a construction boom in addition to the current Panama Canal expansion project. This makes Panama a country where TGI wants to be involved. There is also the future opportunity of opening a distribution centre in the free zone area, this can only further enhance TGI’s distribution capabilities in the region,” said Tony Gonzalez, Tire Group International’s Chief Executive Officer.