Industrias Bachoco concluded the agreement to purchase 100% of the shares of RYC Alimentos, a multi-protein meat processor and distributor with production facilities in Puebla, Mexico. As a result, the company acquired 2 plants located in Puebla and approximately 21 stores located in four states of the Mexican
AT&T revenue was down 1.7% in 2021 from a year earlier, to $168.864 million, the company reported Wednesday. In part, the result reflects the separation of the US video business in the third quarter of 2021 and the impacts of other divested businesses. At the same time, these
Coca-Cola FEMSA announced the construction of a new recycling plant in Mexico, with an investment of 60 million dollars. The new recycling plant is a joint project between ALPLA and Coca-Cola FEMSA to promote the circular economy in the South and Southeast regions of Mexico. Likewise, the recycling
Global air freight tonne-kilometres (CTK) growth recovered in December, to 8.9% above December 2019, from 3.9% in November, IATA reported. Overall, in 2021, air cargo volumes were up 18.7% year over year, the second-best annual performance since our series began in 1990 (after 2010). At the same time,
Air travel recovery continued through year-end despite Omicron disruptions, with industry-wide revenue per passenger kilometer (RPK) down 45.1% in December 2021 compared to December 2019, IATA reported. In all of 2021, global RPKs increased to 41.6% from 2019 levels compared to 34.2% in 2020 as more markets reopened
América Móvil’s investments would increase by 8,000 million pesos if it obtains a pay television concession in Mexico, the company announced. «We will invest 8,000 million pesos initially and in addition to the committed investment (from Telcel and Telmex),» said Carlos Slim Domit, president of the company’s board