Aerospace News

Grupo Bimbo to use 100% renewable energy in US operations by 2020
Mexico-based Grupo Bimbo, the world's largest baking company, announced that it has signed a virtual power purchase agreement (VPPA) to receive 100 megawatts of wind energy from Invenergy, North America’s largest independent renewable energy company. The deal is part of a Grupo Bimbo initiative to...
Constellation Brands to double capacity in Sonora brewery with US$ 900 million investment
Less than a year after Constellation Brands announced an investment to increase the production of its brewery in Ciudad Obregon, Sonora to 3.5 million hectoliters, the company has announced that it is preparing another expansion with which the capacity of said plant will become more than double, wit...
Mexichem completes acquisition of irrigation giant Netafim Ltd. for US$ 1.9 billion
Mexico-based plastics and chemicals manufacturer Mexichem SAB de CV announced it has completed the acquisition of an 80% stake in Netafim Ltd., an Israel-based drip-irrigation developer and producer in an all-cash deal worth US$ 1.895 billion. Mexichem bought its shares from London-based private eq...
Grupo Bimbo to set solar panels in 80% of its Mexican facilities
Grupo Bimbo, the world’s largest baking company, announced the start-up of a photovoltaic system, which will prevent the annual emission of more than 2,500 tons of CO2. Called "Bimbo Solar Self-Supply System", it will integrate 33 systems that will generate 3.7 MW altogether, in order to reduce ...
Grupo Minsa sells US subsidiary in US$ 75 million deal
Bunge North America, the North American operating arm of Bunge Limited, announced that it has purchased Minsa Corporation, a wholly-owned U.S. subsidiary of Mexican corn miller Grupo Minsa S.A.B. de C.V., valued at US$ 75 million. The acquisition includes corn flour mills in Red Oak, Iowa and Mulesh...

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