Coca-Cola FEMSA, the largest bottler of Coca-Cola products, increased its revenues by 16.4% and operating income by 12.5% in 2022 over 2021. As a result, the company‘s revenues totaled 226.74 billion dollars and its operating income totaled 30.838 billion pesos. The company produces and distributes beverages under The
Mexico, the United States and Canada agreed to create an «emergency response» subcommittee under the North American Competitiveness Committee of USMCA, according to a USTR statement. The USMCA Free Trade Commission directed the North American Competitiveness Committee to establish a Trilateral Coordination Subcommittee on Emergency Response (“Subcommittee”) to
After increasing its net sales in 2022, Mexico‘s Orbia started 2023 on a positive note across all of its businesses. Its net sales were US$9.6 billion in 2022 and increased 10% year-on-year, with higher sales in Connectivity Solutions, Fluorinated Solutions and Polymer Solutions, especially during the first half
Becle (Jose Cuervo) builds on its leadership in the tequila category and aims to continue the development and expansion of tequila consumption worldwide. With 9,759 jobs, Becle is a world-renowned company in the beverage alcohol industry and the largest tequila producer in the world. At the end of
Industrias Bachoco, Mexico‘s poultry industry leader and the sixth largest poultry company in the world, recorded capital expenditures of Ps. 4,666.2 million in 2022, a year-over-year increase of 34.1 percent. Overall, investments were focused on organic growth and the integration of RYC Alimentos (RYC). For context: in December
GMexico Transportes (GMXT) increased its revenues from its Industrial segment by 22% year-on-year to 4.608 billion pesos, the most dynamic among its businesses. Industrials is the most diversified business segment, with markets such as the paper industry, white goods, machinery, the beer industry and new railroad cars, among