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Home > Company Index > Manufacturing > Paper & Paper Products > Grupo Industrial Durango, S.A. de C.V.

Grupo Industrial Durango, S.A. de C.V.
NYSE: GID
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 PROFILE
Not wanting to remain boxed in, Grupo Industrial Durango is using NAFTA to expand its packaging, paper, and wood products business. Formed in 1975, Gidusa has transformed itself from a regional forest products company into a leading maker of packaging in Mexico (packaging products account for nearly 90% of sales). The company makes corrugated boxes, containerboard, plywood, molded pulp egg cartons, multi-wall sacks, and other paper and wood products. 80% of the company's sales are in Mexico, but sales in the US are expanding through acquisitions. CEO Miguel Rincon and his family control about 88% of Gidusa, mostly through a holding company, Corporacion Durango, S.A. de C.V.

 COMPETITION
International Paper Company (IP)
Smurfit-Stone Container Corporation (SSCC)
Temple-Inland Inc. (TIN)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 618.00
1-Yr. Sales Growth: 8.3%
Employees: 7,245
Revenue per employee: $85,300.21

 KEY PEOPLE
• Miguel Rincon
    CEO
• Mayela Rincon de Velasco
    CFO

 CONTACT INFO
Potasio 150, Ciudad Industrial
34220 Durango, Mexico
Phone: 52-18-14-16-58
Fax: 52-18-14-12-75
Online: Web Site

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