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Home > Company Index > Food, Beverage & Tobacco > Grains, Breads & Cereals > Gruma, S.A. de C.V.

Gruma, S.A. de C.V.
NYSE: GMK
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 NEWS FROM THE WIRES
POLL-Mexican Maseca operating profit seen down in Q2
Jul 24 2001 03:22 PM PDT

More WIRE STORIES about this company

 PROFILE
Gruma has rolled over its competitors to reach the top of the tortilla industry. The company is the world's #1 maker of corn flour and tortillas; it also produces wheat flour and sliced bread. Its brand names include Maseca, Mission, and Guerrero. Nearly half of Gruma's sales come from US subsidiary Gruma Corporation, whose tortillas and chips are found in grocery stores and in restaurants such as Taco Bell. Publicly traded Mexican subsidiary Grupo Industrial Maseca (GIMSA) generates more than 25% of Gruma's sales. The company also has operations in Central America and Venezuela. Gruma owns 60% of Molinera de México, a milling joint venture with Archer Daniels Midland. The company was founded in 1949.

 COMPETITION
Grupo Bimbo, S.A. (BIMBO)
Frito-Lay, Inc. (dossier)
The Pillsbury Company (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,892.80
1-Yr. Sales Growth: 15.1%
Employees: 12,384
Revenue per employee: $152,842.38

 KEY PEOPLE

• Javier Vélez Bautista
    CFO

 CONTACT INFO
Calzada del Valle 407 Oriente
66220 San Pedro Garza García Nuevo León, Mexico
Phone: 52-8-399-3300
Fax: 52-8-399-3294
Online: Web Site

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