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Sustainable Development Reports
Economic Impact
We are convinced that the generation of economic value is our main foundation for sustainable development.
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The generation of value and economic wealth is one of our major responsibilities because it represent a fundamental aspect for our longterm presence as a Company and we generated well being to our shareholders, customers, suppliers, employees and society in general. For this reason we seek to achieve this objective in balance with the sensible use of natural resources and a sustainable long term vision.

Our direct economic impact is shown in the following list:

  • Net annual sales of $2.5 billion dollars creating business opportunities for our customers, distributors, retailers, suppliers and others that form part of our value chain.
  • $242 million dollars invested in productive processes.
  • $8.8 million dollars for improvements through initiatives in research and development
  • $640 thousand dollars between 1998 and 2007 allocated to stimulate innovation and incremental improvement of our employees through our corporate program Incremental Improvement Recognition (IIR).
  • $576 million dollars in salaries and benefits for our employees.
  • $1 million dollars in donations to different non profit organizations.
  • Acquired goods and services for an amount of $1.3 billion dollars through more than 20,000 suppliers worldwide.
  • $8.2 million dollars of dividends paid to our shareholders.
  • 24,442 direct employees with salaries and benefits exceeding the national average in the countries where we operate. Our presence generates wealth to more than 100,000 people in a direct way, and an estimated 400,000 indirect jobs with the corresponding positive economic and social impact.
  • More than $2.5 million dollars invested in employee training and development initiatives.
  • More than $24 million dollars dedicated to retiree benefits.
  • $10 million dollars invested on the health, culture and relaxation activities of our employees and community.
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