Word: grupo
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When Aramburuzabala inherited her father's Grupo Modelo beer empire in 1995, she was raising two children and had little business experience. But she took over two bankrupt subsidiaries and made them profitable within a year. And she helped sell a big stake in Grupo Modelo to Anheuser-Busch. Now the brewer of Corona is in proven hands: Aramburuzabala, 39, is vice chairman, and the company's profits rose 20% during the first half of this year...
South Of The Border HSBC, the world's second-largest bank (after Citigroup), continued its U.S. expansion, buying Mexico's Grupo Financiero Bital for $1.14 billion...
...urbanist. His life’s work has been the preservation and restoration of Havana, a UNESCO world heritage city. He has struggled against great odds to rescue and restore buildings and entire neighborhoods. He won international acclaim for his work as director of Havana’s Grupo para el Desarrollo Integral de la Capital (GDIC), the equivalent of our National Capital Planning Commission. His many papers and articles have been widely published. His most recent publication in this country is the 1997 book Havana: Two Faces of the Antillean Metropolis, co-authored with Joseph Scarpaci and published...
...pushing manufacturers to close up shop or move out of the country. Chicago-based Brach's announced last year that it would close its large manufacturing plant in the city and shed more than 1,000 jobs; it will outsource candymaking to Argentina's Grupo Arcor. Kraft Foods, meanwhile, intends to close its Holland, Mich., manufacturing facility for Life Savers next year, and plans to make the iconic candy in Quebec, where sugar sells at market rates. You might think the loss of jobs would prompt Congress to reconsider its protectionist policies. But you would be wrong...
...decade ago, he was peddling pork on the streets of Guadalajara. Today his Mexican nutritional-supplement business, Grupo Omnilife, boasts yearly sales of $600 million and distributors in 10 countries. Last month Vergara, 45, ended his attempt to buy the Body Shop beauty chain. That leaves him more cash for his pet project under construction in Guadalajara, a $440 million complex with 10 world-recognized architects on staff...