| Business Summary | | Grupo
Industrial
Durango
S.A.
de
C.V.
produces
corrugated
containers,
containerboard
and
industrial
paper,
molded
pulp
egg
cartons,
multi-wall
paper
sacks
and
bags
and
forest
products.
As
of
year-end
1999,
the
Company
had
the
capacity
to
produce
728,000
tons
per
year
of
containerboard
and
industrial
paper
at
six
mills,
601,000
tons
per
year
of
corrugated
containers
at
18
plants
and
70,000
tons
per
year
of
multi-wall
sacks
and
bags
at
three
plants.
The
Company
has
two
integrated
pulp
mills
with
the
capacity
to
produce
200,000
tons
per
year
of
unbleached
virgin
pulp.
The
Company
also
operates
four
molded
pulp
egg
carton
plants
and
nine
forest
products
plants
that
produce
plywood,
particleboard
and
lumber. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Grupo
Industrial
Durango
is
engaged
in
the
manufacture
and
sale
of
corrugated
containers,
molded
pulp,
paper
sacks,
kraft
and
semicraft
paper
and
plywood,
particleboard
and
lumber.
For
the
six
months
ended
6/30/01,
net
sales
decreased
15%
to
Ps2.6
billion.
Net
income
totaled
Ps445.2
million
vs.
a
loss
of
Ps85M.
Results
reflect
a
decrease
in
shipments
due
to
weak
Mexican
and
U.S.
economies,
offset
by
higher
net
foreign
exchange
gains. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Miguel Rincon | Chairman
and CEO | Jose Rincon | Pres,
COO | Mayela De Velasco | CFO | Ignacio Rincon | Managing
Director, Titan | Jesus Rincon | Managing
Director, Forest Products Division |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|