November 11

GRUMA SUPPORTS MEXICAN FARMERS
https://enfoquenoticias.com.mx/noticias/gruma-apoya-agricultores-mexicanos
According to SIAP, Mexico’s agricultural and fishing information service, domestic corn production during the fall-winter 2019 cycle reached a historic high for the period, with close to 8.8 million tons harvested, representing improved business opportunities for domestic farmers. Gruma, world leader in the production of corn flour, tortillas and wraps, is one of the main buyers of corn in Mexico.

November 17

GRUMA RECORDS HIGHEST GROWTH IN EUROPE
(Milenio Online)
Europe became the market with highest growth for Gruma, a Mexican company with operations in more than 120 countries across the globe. The continent saw a 20% increase in sales volume by the close of Q319. According to figures submitted by the company to the Mexican Stock Exchange, net sales in the region were 110,000 tons between July-September 2019, representing double digit growth and positioning Europe as the company’s fastest growing region for the period. By business unit, the corn mill posted a 23% increase mainly due to extraordinary sales, including large purchases by some clients in the United Kingdom, anticipating a potential for disruptions caused by Brexit.

November 18

BREXIT DRIVES PROFITS FOR GRUMA IN EUROPE
(La Razón pg. 15)
The Mexican company sold 20%; that is, 110,000 tons more in the European continent during the third quarter. The corn mill saw a 23% increase due to extraordinary purchases by clients in the United Kingdom in the face of the potential European split.

November 22

EDUCATIONAL PROMOTION AGREED
(El Norte pg. 10, with a photo of Juan González Moreno)
Gruma Foundation and Banorte Foundation donated financial aid to a fund supporting higher education partnerships between the United States and Mexico. The fund was started by the U.S. State Department, its Embassy in Mexico, and Partners of the Americas. Pictured in the photograph are Christopher Landau (left), United States Ambassador to Mexico, and Gruma President, Juan González Moreno.

GRUMA, BANORTE, USA JOIN EFFORTS TO SUPPORT HIGHER EDUCATION
(24 Horas pg. 17)(El Sol De México pg. 15)(Milenio Diario pg. 16)(La Jornada pg. 41)(Excélsior pg. 21)(El Heraldo De México pg. 33)

Corporate Minute / By Roberto Aguilar (El Sol De México pg. 21)(El Sol De México Online) Corporate Briefs. Gruma, led by Juan González Moreno, and Grupo Financiero Banorte, led by Carlos Hank González, contributed to promoting higher education in Mexico and the United States through donations made by their foundations. The aid went to education and exchange programs in the areas of financial and economic inclusion, and sustainable agriculture to reduce inequality, among other programs. The companies participated in the “100,000 Strong in the Americas” Innovation Fund, the U.S. Department of State’s signature hemispheric-wide education initiative to champion the power of education to transform societies.

BANORTE AND GRUMA FOUNDATIONS TO SUPPORT ACADEMIC EXCHANGES WITH THE UNITED STATES
(Telediario Mexico City, 7-9:30 p.m.)

U.S. TO INVEST USD 250,000 IN MEXICO FOR EDUCATION (Milenio Online) (Milenio News 6-7 a.m.) (Milenio News 9-10 a.m.) (Milenio News 11-12 a.m.) (“En Los Tiempos De La Radio”) (“En Los Tiempos De La Radio”) (Enfoque Morning Edition)

November 25

IMBALANCE.
(El Universal pg. 35) (El Universal Online)
Promoting education. The United States Department of State and its Embassy to Mexico, in collaboration with Partners of the Americas, announced a campaign for the Innovation Fund to stimulate institutional alliances for higher education between the two countries. The campaign already has support from Banorte Foundation and Gruma Foundation, led respectively by Carlos Hank González and Juan González Moreno. (...) After 27 funding campaigns to date, the Innovation Fund has provided assistance 232 times to groups within 477 educational institutions from 25 countries and 48 states.

November 26

POWER AND MONEY / By Víctor Sánchez Baños
(Diario Imagen pg. 6) Corporate Social Responsibility. The Banorte Foundation of the bank led by Carlos Hank Rhon and the Gruma Foundation from the company led by Antonio González Moreno joined the campaign led by the United States Department of State, the U.S. Embassy in Mexico City, and Partners of the Americas. The “100,000 Strong in the Americas” Innovation Fund is the U.S. Department of State’s signature hemispheric-wide education initiative to champion the power of education to transform societies, provide opportunity, and stimulate economic prosperity.

November 27

Castilla-La Mancha Government Steps Up International Relationships to Strengthen 2020 Goal for Industrial Growth
https://www.eldigitaldeciudadreal.com/2019/11/26/el-gobierno-de-castilla-la-mancha-intensifica-sus-contactos-internacionales-para-consolidar-el-objetivo-2020-del-peso-de-la-industria-en-su-pib/
The work schedule of the advisor on the Economy, Companies, and Employment, Patricia Franco, started with a meeting with Gruma CFO Raúl Cavazos, a food and agriculture company with operations in Castilla-La Mancha in the Toledo town of Borox. During the meeting, Patricia Franco discussed business incentives with the Gruma CFO that are part of the autonomous government’s plan for stimulating investment. Also discussed was the progress of the expansion project of the Mexican company’s facilities in Borox, a 17,000-square-meter expansion representing EUR 40 million in investment.

November 28

INTERNATIONAL TORTILLA MARKET LED BY GRUMA
(El Universal Online) (Milenio Online)
Tortillas and other corn-based food products, an essential part of Mexican cuisine, have also slowly spread to international markets and won over consumers through various brands. Mexican brands are leading this international expansion, much to the pride of our country. One of these companies is Gruma, headquartered in San Pedro Garza García in the state of Nuevo León. The company led by Juan González Moreno also leads market share in the tortilla market in Asia and Oceania through its global brand Mission. The company is undergoing rapid expansion in the region due to growing demand for its products.