Word: quintana
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Meanwhile, the hacendados (estate owners), who once were undisputed masters of million-acre game preserves and cattle ranches, have been displaced from the top of the social pyramid by a new elite of rich cosmopolitan entrepreneurs and a growing middle class. Mexico City's Bernardo Quintana, for example, built the capital's famous subway system and now handles construction projects all over Latin America. Another highly successful family is that of Garza Sadas of Monterrey, whose investments in tourism and Grupo Industrial Alfa, an industrial conglomerate, are estimated to be worth $1 billion...
...government claimed that 120 of the insurgents were killed and the remainder forced to flee back across the border. Despite that setback, a column of vehicles carrying 300 guerrillas approached the town of Rivas in southeastern Nicaragua at week's end. Their objective, charged Foreign Minister Julio C. Quintana, was to declare Rivas the capital of a liberated zone and "seek international recognition" for an alternative government...
Stable Partnerships. As a builder, Quintana has constructed hundreds of miles of highway and a dozen dams in Mexico, including the 720,000-kw. El Infiernillo power project on the country's southwest coast. He also served as the main contractor for building the Sports Palace for the 1968 Olympic Games. Partnership with a stable government, in the hands of the same political party for more than 30 years, has paid off handsomely...
Soon realizing that virtually all construction equipment had to be bought abroad, Quintana expanded by setting up, by himself or in cooperation with foreign firms, other companies to manufacture the materials and machinery he needed. Says Quintana: "ICA has become a mother-hen company that creates everything and has its own chickens and eggs around it." Among the results of that policy are Industria del Hierro, a machinery producer in Querétaro, and partnerships with a dozen European and U.S. firms-including Link-Belt Speeder Co., now a division of FMC Corp. of California...
When Mexico bought 66% of the Mexican affiliate of Pan American Sulphur Co. in 1967, Quintana was one of four businessmen invited to share 35% of the investment. Now that Mexico seeks to develop its own oil industry, Quintana is reaching out again. He will provide all the drilling equipment for the venture...