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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 creation of economic value in an equal balance with the use of natural resources is fundamental to assure the viability of the company in the long term, especially, in these remarkably challenging times.

Our strategy is centered on directing our efforts towards improving our operations in efficiency and profitability as well as broadening our businesses with current customers while moving into new markets and developments.

In 2008 our direct economic impact is shown in the following numbers:

  • 19,385 direct jobs and an estimated 350,000 indirect jobs.
  • US$597.2 million in salaries and benefits to our employees.
  • Net sales of US$2.627 billion.
  • US$176 million invested in manufacturing processes.
  • A yearly average, in 2008, of US$2 million allocated for improvements in research and development.
  • The generation of economic activity for more than 20 thousand suppliers.
  • More than US$2.8 million spent in training activities and initiatives for our employees.
  • US$20 million dedicated for retirement pensions for retirees.
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