Word: grupo
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...Grupo Industrial Saltillo, with eight business units, shows the link and how NAFTA's market access is accelerating this corporation's global evolution. More than half its roughly $1 billion in sales last year went to the U.S., Canada, Japan and Australia, and 84% was auto parts. That will expand when a $136 million engine factory, a joint venture with Caterpillar, opens next year. Saltillo's building-products division, on the other hand, is 90% dependent on the domestic market. Within five years, this proportion is projected to be evenly split between domestic and foreign sales, a feat that...
...become an important economic locomotive for all of Europe. Spain's economy grew 3.4% last year, over twice the euro-zone average, and is expected to best the average again this year by a full percentage point. Spanish companies like phone-giant Telefónica, construction and infrastructure consortium Grupo Ferrovial, real estate developer Metrovacesa and financial conglomerate Santander Group have become Continent-wide - and even global - players. Last week Ferrovial concluded a €15 billion takeover bid for BAA, the company that runs Heathrow, Stansted and Gatwick airports. But Holguera, whose principal job is managing coherent expansion...
...Spain's phenomenal building spree is not merely froth. It is grounded in a number of demographic realities: Spain had its baby boom relatively late, from 1965 to 1975, says José Antonio Herce, chief economist of Grupo Analistas, a private consulting firm in Madrid. He attributes the flourishing real estate market in recent years in large part to that population joining the housing market. "We also discovered divorce, which has contributed to a big jump in the number of households," says Herce. "And we've seen the arrival in the last five years alone of some...
...Mexico HSBC acquired and recapitalized a local bank, Grupo Financiero Bital, for $1.9 billion in 2002, and now that country is the fourth largest profit generator for HSBC globally (after the U.S., Britain and Hong Kong). The success in Mexico has been spurred by an unusual marketing campaign. Executives discovered that the HSBC name is a tongue twister in Spanish, so it launched ads to teach Mexicans how to pronounce the brand correctly. In one TV spot, a man in an HSBC tie leads a crowd at a soccer match in an H-S-B-C cheer...
...iglesia. Y G?mez es el ?nico arzobispo hispano de la naci?n. Nacido en Monterrey, M?xico, G?mez disfruta de una excelente relaci?n con el poderoso Obispo de la ciudad de M?xico y es una referencia obligada para los legisladores sobre los asuntos de la inmigraci?n. Su larga filiaci?n con el grupo conservador Opus Dei le ha garantizado la confianza doctrinal del Vaticano y el apoyo y la red de informaci?n del alto mando en Roma. Pero a pesar de su ortodoxia, G?mez es un conciliador por naturaleza, admirado por unir al rico y al pobre y los cat?licos anglosajones e hispanos...