The hot 50: an economic boom--driven by trade and consumption--is being felt all the way down to the pockets of even small companies.THE LATIN TRADE Latin Trade is a monthly magazine covering global business in Latin America and the Caribbean. Similar to Forbes and Fortune Magazine in coverage, the magazine was founded in 1993 and now publishes 87,000 copies 1 each month in Spanish, Portuguese, and English. Hot 50 companies, all of them under US$100 million in revenues, are great leading economic indicators Leading economic indicators Economic series that tend to rise or fall in advance of the rest of the economy. . The list this year is thick with Brazilian and Argentine automotive suppliers, a clear sign of a resurgent re·sur·gent adj. 1. Experiencing or tending to bring about renewal or revival. 2. Sweeping or surging back again. Adj. 1. auto sector. Consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and like shoes, and beer--even expensive domestic goods such as appliances--are flying out the doors. Trade is driving growth, too. Steel is up, as are exports of foods and finished wood products. Anyone who tells you that Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. makes only raw commodities is perhaps right on the big picture but missing the details: Increasingly, the stuff heading to sea is not chips and pellets but cut and polished planks, heavily specialized metals, parts and even end products like toys and medical devices. The Hot 50 ranking is based on revenues and net-income data for the 12 months ending June 30, 2005, plus the average performance during the previous three years, although figures cited are for the 12-month period. Figures are rounded and based on consolidated results reported to the region's stock market regulators. [1] Fibam Companhia Industrial Sao Bernardo do Campo São Ber·nar·do do Cam·po A city of southeast Brazil, an industrial suburb of São Paulo. Population: 740,000. Noun 1. Sao Bernardo do Campo - a city in southeastern Brazil; an industrial suburb of Sao Paulo , Brazil REVENUE: US$39.5 million Revenue growth: 76% Net profit growth: 1,327% A metals company that produces fasteners fasteners In construction, connectors between structural members. Bolted connections are used when it is necessary to fasten two elements tightly together, especially to resist shear and bending, as in column and beam connections. , Fibam sells 60% of its 13,000 tons of annual production to automakers in Brazil. "We're growing because we've managed to offset the loss of export volumes to some clients with a booming domestic market," says Fibam's sales and marketing director, Luiz Carlos Richieri. This year, Fibam plans to invest US$2.5 million to renovate its installations, expand its production plant and eliminate bottlenecks. Fibam has supplied autoparts for more than 50 years. Besides its strong presence in the automobile industry automobile industry, the business of producing and selling self-powered vehicles, including passenger cars, trucks, farm equipment, and other commercial vehicles. , the company also supplies civil construction clients with metal parts for oil platforms, hydroelectric power hydroelectric power: see power, electric; water power. hydroelectric power Electricity produced from generators driven by water turbines that convert the energy in falling or fast-flowing water to mechanical energy. plants, bridges and transmission towers. Fibam also supplies manufacturers of domestic appliances domestic appliance domestic n → appareil ménager , tractors and agricultural machinery Agricultural machinery is one of the most revolutionary and impactful applications of modern technology. The truly elemental human need for food has often driven the development of technology and machines. , among others. [2] Mirgor Tierra del Fuego Tierra del Fuego (tyĕ`rä dĕl fwā`gō), [Span.=land of fire], archipelago, 28,476 sq mi (73,753 sq km), off S South America, separated from the mainland by the Strait of Magellan. , Argentina REVENUE: US$78.3 million Revenue growth: 59% Net profit growth: 642% Argentine government incentives to stimulate domestic production and sales of vehicles has heated up the auto industry's entire chain of production in recent years. Analysts say this explains the performance of Mirgor, the largest domestic manufacturer of air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. systems for automobiles. Migor has three plants in the country, in Tierra Del Fuego, Buenos Aires Buenos Aires (bwā`nəs ī`rēz, âr`ēz, Span. bwā`nōs ī`rās), city and federal district (1991 pop. and Cordoba cor·do·ba n. See Table at currency. [American Spanish córdoba, after Francisco Fernández de Córdoba (1475?-1526?), Spanish explorer.] Noun 1. . [3] Cia. Bandeirantes de Armazens Gerais Sao Paulo, Brazil REVENUE: US$11.8 million Revenue growth: 121% Net profit growth: 170% "Our growth stems basically from the increase in Brazilian exports," says Elifal Araujo, commercial director for Bandeirantes, a warehousing company that stores cargo packaged for export and currently has more than 140,000 square meters Noun 1. square meter - a centare is 1/100th of an are centare, square metre area unit, square measure - a system of units used to measure areas of materials stored. Bandeirantes shelved a project to build a 26,000 square-meter warehouse in Paranagua, in the southern state of Parana, because of the sharp appreciation of Brazil's real in the second half of 2005. Araujo, however, says he hopes to restart the project in 2006. [4] Frimetal Santiago, Chile Santiago, officially Santiago de Chile (Spanish: (helpinfo)), is the capital of Chile, and the center of its largest conurbation (Greater Santiago). REVENUE: US$39.4 million Revenue growth: 79% Net profit growth: 186% Begun in Argentina in 1982, Frimetal manufactures machinery and equipment for domestic and professional refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. products. Using the brand name Gala, it manufactures refrigerators, freezers and other products, and has a long history in the domestic market. The company has also gone international, landing sales representatives in Paraguay, Bolivia, Brazil and Uruguay. [5] Empresas Cabo de Hornos Santiago, Chile REVENUE: US$9.4 million Revenue growth: 195% Net profit growth: 477% Cabo de Hornos' main business is tourism; it develops, promotes and sells travel packages. It also has holdings in agriculture, ranching, forestry and hydro-biological resources. [6] Ferrum Buenos Aires, Argentina REVENUE: US$54.5 million Revenue growth: 38% Net profit growth: 1,524% A leading Argentine manufacturer of porcelain and metal fixtures for kitchens and bathrooms, Ferrum makes Jacuzzis, toilet bowls, bidets, sinks and faucets. Analysts say the company is benefiting from growth in Argentina's construction sector. [7] Agrometal Cordoba, Argentina REVENUE: US$36.3 million Revenue growth: 54% Net profit growth: 183% "The year 2004 was exceptional for farmers, grain prices hit record highs and the harvest was very good. When they make profits, Argentine growers invest and upgrade their equipment," says businesswoman Rosana Negrini, president of Agrometal, a leading seller of agricultural equipment with 25% of Argentina's market for mechanized mech·a·nize tr.v. mech·a·nized, mech·a·niz·ing, mech·a·niz·es 1. To equip with machinery: mechanize a factory. 2. planters Planters is an American snack food company under Kraft Foods manufacturing, best known for its nuts and the Mr. Peanut icon that symbolizes them. Started by Italian immigrants Amedeo Obici and Mario Peruzzi in Wilkes-Barre, Pennsylvania, in 1906, it was incorporated in 1908 . "Beyond that, we increased productivity in 2005, because our manufacturing plant began operating with all the improvements made in previous years," says Negrini. Agrometal invested almost US$5 million in 2003 and 2004, allowing it to raise production capacity last year by 40%, she says. For 2006 and 2007, Agrometal plans to invest another $2.5 million. The investments are part of Agrometal's strategy to reinforce its competitive standing in the industry. The company faces 52 national and eight international competitors, none of which command a market share of greater than 8%. [8] Minasmaquinas Contagem, Brazil REVENUE: US$37.9 million Revenue growth: 77% Net profit growth: 128% Minasmaquinas benefited once again last year from good times for Brazil's automobile market, which grew almost 11% in 2005. The group is made up of four companies: Truck and bus concessionaires Minasmaquinas and Juiz de Fora Juiz de Fora (zhwēzh dĭ fô`rə), city (1996 pop. 423,913), Minas Gerais state, SE Brazil. It is an industrial and commercial city with more than half of the labor force engaged in textile production. Diesel; Bamaq, a reseller of tractors and agricultural machines; and the Minasmaquinas Consortium (autos, trucks and real estate). [9] Construtora Beter Sao Paulo, Brazil REVENUE: US$41.3 million Revenue growth: 32% Net profit growth: 938% Construtora Beter's strong performance stems from an increase in the construction of airport infrastructure in Brazil, says sales director Alberto Aulicino. "These projects have been driving our business in recent years and represent 65% of total billing," says Aulicino. [10] Metalurgica Riosulense Rio do Sul, Brazil REVENUE: US$30.3 million Revenue growth: 88% Net profit growth: 97% Financial director Nilo Meneghelli says two factors account for Metalurgica Riosulense's growth: a 60% increase in domestic demand for autoparts and a rise in exports in the second half of 2004. Exports reached 18% of total sales. "It was our big push," says Meneghelli. [11] Eletro Aco Altona Blumenau, Brazil REVENUE: US$60.4 million Revenue growth: 118% Net profit growth: 213% With 27% of sales coming from direct exports and another 40% from indirect exports, Eletro Aco Altona, a manufacturer of molded steel parts for mining, power generation and excavation, is increasingly casting its gaze toward overseas markets. "Our growth is due to our network of representatives in Europe and the Americas, to growth in the power sector, which allowed us to lock in a global contract with a player in Asia, and to fast-paced production by heavy machinery manufacturers," says Eletro Aco Altona Export Director Pedro Crestani. [12] Longvie Buenos Aires, Argentina REVENUE: US$31.6 million Revenue growth: 58% Net profit growth: 129% Argentine domestic appliance producers such as Longvie, which makes stoves, ovens, washing machines and other products, have been helped since 2004 by government restrictions on imports, mainly an invasion of Brazilian products from next door. [13] Soc. Inmobiliaria Club de Campo Santiago, Chile REVENUE: US$0.7 million Revenue growth: 2,114% Net profit growth: 419% Founded in 1959, Club de Campo invests in real estate. It sells undeveloped properties in Chile's capital city, Santiago. Surprisingly, the company has only two employees: Chief Executive Officer Gonzalo Andrade and his assistant, Elva Bilbao. [14] Grimoldi Buenos Aires, Argentina REVENUE: US$38.1 million Revenue growth: 26% Net profit growth: 950% The administrative director of shoe seller Grimoldi, Alberto Ignacio Grimoldi, attributes the company's growth to four factors: a strategy of brand segmentation, organized growth of its sales chain, a strong relationship with independent shoe stores and financial support from banks. "The company was smart in defining a strategy to better satisfy its target consumer," says Grimoldi. Grimoldi sells famous brands such as Hush Puppies Hush puppies may refer to:
See bells and whistles. , among others. The company sold 1.5 million pairs in 2005. [15] Neg. Agricola Vista Alegre Vista Alegre may refer to:
Lambayeque, Peru This article is about Lambayeque, the city. For other uses, see Lambayeque (disambiguation) Lambayeque is a city in the Lambayeque region in northern Peru. It is notable for its exceptional museums featuring artefacts from local archaeological sites. REVENUE: US$1.1 million Revenue growth: 101% Net profit growth: 108% Despite the fact that Peru's agriculture industry is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of difficult times, Agricola Vista Alegre, which produces and sells products like rice, cotton and sugar cane, has managed to grow. "Our growth is due to a rationalization of costs and to the fact that we managed to refinance maturing debt and stretch it out over a longer term," says Chief Executive Officer Alfredo Ferran. [16] Santana Santiago, Chile REVENUE: US$2.8 million Revenue growth: 51% Net profit growth: 84% "The growth is due to the fact the company was more aggressive in buying and selling shares on the stock market in the first half of 2005," says Felipe Porzio, chief executive of Santana, an investment company. [17] Metalurgica Peruana Lima, Peru REVENUE: US$28.0 million Revenue growth: 49% Net profit growth: 724% This company, which designs, engineers, manufactures and sells steel balls and other metal items for grinding down ore, has consolidated a position as a market leader. It was founded 40 years ago and produces 6,000 metric tons of iron and steel pieces. [18] El Cid Mega Resorts Mazatlan, Mexico REVENUE: US$72.0 million Revenue growth: 46% Net profit growth: 122% El Cid's growth stems mainly from sales of undeveloped hotel lots located in Riviera Maya "Riviera Maya" is a tourism district following the highway 307 of Quintana Roo, Mexico. It historically started at Playa del Carmen and ended at Tulum pueblo, though the towns of Puerto Morelos to the north of Playa del Carmen and Felipe Carrillo Puerto inland are both currently now that the group has decided to put its territorial reserve Noun 1. territorial reserve - a territorial military unit territorial armed forces, armed services, military, military machine, war machine - the military forces of a nation; "their military is the largest in the region"; "the military machine is the same up for sale, says the company's treasury director, Luis Guillermo Laveaga. "These sales were achieved thanks to the strong interest of international tourism groups in continuing to invest and build hotels in Mexico," he says. [19] Cia. Industrial Cervecera Santa Fe, Argentina Santa Fe is the capital city of province of Santa Fe, Argentina. It sits in northeastern Argentina, near the junction of the Paraná and Salado rivers. It lies opposite the city of Paraná, to which it is linked by the Hernandarias Subfluvial Tunnel. REVENUE: US$81 million Revenue growth: 28% Net profit growth: 378% Argentina's Companhia Industrial Cervecera (CIC CIC circulating immune complexes. CIC Circulating immune complexes. See Immune complexes. ), an affiliate of Chile's Cia. Cerveceras Unidas (CCU CCU abbr. 1. coronary care unit 2. critical care unit CCU critical care unit. CCU Critical care unit, see there ), produces and sells Budweiser and Heineken in addition to the brands Santa Fe Santa Fe, city, Argentina Santa Fe, city (1991 pop. 341,000), capital of Santa Fe prov., NE Argentina, a river port near the Paraná, with which it is connected by canal. , Salta, Schneider and Cordoba. With two industrial plants in Santa Fe and Salta and the capacity to brew almost 3 million hectoliters per year, CIC plays an important role in CCU's push to increase its share of the Argentine market, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. analysts. [20] Apsa Buenos Aires, Argentina REVENUE: US$79.4 million Revenue growth: 65% Net profit growth: 81% After suffering an economic depression early this decade, Argentina's return to relative economic stability has prompted Argentines to start buying again. Add to this the fact that tourism has been strong in recent years and you've got a recipe for growth for Apsa, a group of shopping centers that includes the main malls in Buenos Aires and inland cities. Among the malls are Alto Palermo, Paseo Alcorta and Buenos Aires Design. "The opening of a mall in Rosario--the Alto Rosario--and the purchase of another in Mendoza, the Mendoza Plaza Shopping, consolidated our leadership in the sector, and we expect to grow even more," says Carolina Lascano, a spokeswoman for Alto Palermo's owner, Grupo Irsa. [21] Motores Diesel Andinos Lima, Peru REVENUE: US$20.0 million Revenue growth: 39% Net profit growth: 106% Over the last four years, Peru's economy grew 4.5%, allowing domestic consumption to expand and with it, internal economic demand. This is just one of the factors that Motores Diesel Andinos Chief Executive Hector Garcia Bejar singles out as the engine of growth for the company. "It was that stability and growth in exports that led to this result," he says. [22] Andacor Santiago, Chile REVENUE: US$3.0 million Revenue growth: 41% Net profit growth: 336% Andacor operates Chilean ski resorts El Colorado and Farellones and sells real estate as well. It has a machine to make artificial snow, which guarantees it will have enough of the white stuff for its visitors to enjoy all kinds of winter sports winter sports: see bobsledding; curling; hockey, ice; ice dancing; ice skating; skiing; snowshoes; tobogganing. . [23] Cia. Industrial Cataguases Cataguases, Brazil REVENUE: US$61 million Revenue growth: 35% Net profit growth: 151% After record-breaking losses up until 2003, the traditional textile manufacturer Cataguases hasn't stopped growing. "We're still harvesting the fruits of US$33 million in investments made over six years," says Jose Inacio Peixoto Neto, the company's administrative and financial director. [24] Grupo Mexicano de Desarrollo Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi , Mexico REVENUE: US$99.2 million Revenue growth: 37.0% Net profit growth: 187.6% An increase in construction projects and income levels that outpaced inflation were the keys to this construction company's outstanding results. "The increase in infrastructure projects by federal and state governments together with economic growth allowed us to increase the volume managed in our projects," says Grupo Mexicano de Desarrollo Financial Director Jose Luis Olvera. The company chose to take on only projects with adequate returns, rationalize ra·tion·al·ize v. 1. To make rational. 2. To devise self-satisfying but false or inconsistent reasons for one's behavior, especially as an unconscious defense mechanism through which irrational acts or feelings are made to appear costs and expenses via strict controls, and focus on projects that can generate added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
[25] Sipsa Santiago, Chile REVENUE: US$18.1 million Revenue growth: 26% Net profit growth: 520% Sipsa was founded in 1987 following the break up of the fishing outfit Sociedad Pesquera Coloso. The company has a broad portfolio in real estate and was among the first to invest in Argentina. Sipsa also operates in the food industry with fast-food chain Lomito'n, in the fishing business with Colosa, in shipping with Ultrapetrol, and in general industry through Agregados Livianos. [26] Tec Toy Tec Toy (often misspelled as TecToy) is a Brazilian videogame and electronics company. They are best known for publishing and distibuting Sega's consoles in that country. The company stock is also traded at Bovespa. Sao Paulo, Brazil REVENUE: US$21.5 million Revenue growth: 80% Net profit growth: 103% Today's Tec Toy is not even remotely similar to the company it once was, which filed for bankruptcy eight years ago and promptly appealed to then-president of Sanyo do Brasil, Lourival Kicula, to save it. The company, which once made video games See video game console. and toys such as dolls and remote-control cars, and launched at least 400 new products per year, has made a big move in recent years into entertainment with DVDs and karaoke karaoke (Japanese; “empty orchestra”) Use of a device that plays instrumental accompaniments to songs with the vocal tracks removed, permitting the user to sing the lead. games that come with their own microphones and software. "We changed our focus and the company started to grow," says Kicula, now Tec Toy's president and architect of the deal that lifted the company from bankruptcy inside two years. "Today, entertainment accounts for 55% of our sales and video games 45%," says Kicula, who also lowered the volume of new product launches to six per year. A partner of Japan's Sega, Tec Toy became a global case study, as it has been the only company able to maintain sales of the Megadrive and MegaSystem line, made for low-income consumers who lack the resources to buy Sony's higher-end PlayStation. [27] Cia Minera Atacocha Lima, Peru REVENUE: US$92.2 million Revenue growth: 37% Net profit growth: 35% One of the factors that allowed this mining company to grow quickly has been a rise in global prices for the metals it sells--zinc, lead and silver. "The improvement in prices started in the third quarter of 2003, and from there our results improved noticeably," says the company in its latest report. [28] Cia. Minera Raura Lima, Peru REVENUE: US$32.3 million Revenue growth: 22% Net profit growth: 208% Higher prices in international markets are helping companies like Raura, which mines non-ferrous metals. Over its 45 years of existence, the company's production has varied because as it has exhausted some reserves it then later discovered new ones. [29] Puerto Ventanas Santiago, Chile REVENUE: US$93.6 million Revenue growth: 31% Net profit growth: 107% A stronger Chilean peso and an increase in demand for coal by domestic power generators after Argentina recently cut off the natural gas supply were the keys to growth for Puerto Ventanas. "We have new projects that should be built in 2006 to generate greater movement of cargo. We believe coal will continue to come in at the same pace as in 2005 and we expect an increase in shipments of fuels, cement and clinker clink·er n. 1. The incombustible residue, fused into an irregular lump, that remains after the combustion of coal. 2. A partially vitrified brick or a mass of bricks fused together. 3. ," says Ventanas executive Mario Rodriguez. Since the beginning of 2003, Puerto Ventanas has owned 51% of Ferrocarril del Pacifico, the principal rail cargo operator in Chile. [30] Baumer Mogi Mirim, Brazil REVENUE: US$18.2 million Revenue growth: 54% Net profit growth: 66% Latin America's largest manufacturer of prosthetics pros·thet·ics n. The branch of medicine or surgery that deals with the production and application of artificial body parts. pros , Baumer's growth has been based mainly on the launch and consolidation of new products such as transplants and implants. "It was a period of tight spending control and a lot of work on processes and new materials to overcome the negative effect of the stronger currency on exports and a decline in the domestic market," says Baumer President Buy Salvari Baumer. [31] Rosenbusch Buenos Aires, Argentina REVENUE: US$17.4 million Revenue growth: 52% Net profit growth: 15% "Instituto Rosenbusch's growth stems from the decision to gain market share in both the domestic market and overseas," says Chief Executive Mariano Gimenez. Rosenbusch manufactures biological and pharmaceutical products for veterinary use and produces meat that has been tracked using devices that allow ranchers and buyers to know the history of an animal from birth to market, known as "Pampa Pampa (păm`pə), city (1990 pop. 19,959), seat of Gray co., extreme N Tex. This cow town on the Panhandle plains still ships cattle and wheat and packs meat, but the discovery of oil and gas has made it an industrial center with refineries and Mia." These special, vacuum-packed cuts of meat are currently the main driver behind Rosenbusch's exports. [32] CBC (1) (Cell Broadcast Center) See cell broadcast. (2) (Cipher Block Chaining) In cryptography, a mode of operation that combines the ciphertext of one block with the plaintext of the next block. (Cia. Brasileira de Cartuchos) Ribeirao Pires, Brazil REVENUE. US$80.5 million Revenue growth: 44% Net profit growth: 52% In the last 10 years, Cia. Brasileira de Cartuchos (CBC) has invested US$40 million to expand capacity and increase productivity. "The philosophy is that, since the domestic market hasn't grown, the alternative is to expand overseas," says CBC President Antonio Marcos Moraes Barros. CBC exports almost 70% of its output to more than 40 countries. The company has a line of firearms This is an extensive list of small arms — pistol, machine gun, grenade launcher, anti-tank rifle — that includes variants. : Top - 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A
n. War materiel, especially weapons and ammunition. Often used in the plural. tr.v. mu·ni·tioned, mu·ni·tion·ing, mu·ni·tions To supply with munitions. parts, shotguns and rifles. [33] Joao Fortes Engenharia Rio de Janeiro Rio de Janeiro, city, Brazil Rio de Janeiro (rē`ō də zhänā`rō, Port. rē`  thĭ zhənĕē`r , BrazilREVENUE: US$22 million Revenue growth: 55% Net profit growth: 68% Joao Fortes Engenharia's results stem mainly from a 20% reduction in general expenses and a big sales push, says Vice President Nelson Marcos Correa. "The growth wasn't greater because the market as a whole shrank," he says, "but we're looking toward a future which promises to be better." Joao Fortes builds houses and residential and commercial buildings. [34] Soc. de Canalistas La Foresta de Apoquindo Santiago, Chile REVENUE: US$135,000 Revenue growth: 26% Net profit growth: 255% Chile's only company dedicated strictly to selling water for use in residential gardens, its watering system is connected to only 500 homes in all of Chile, and those customers can use it day or night between September and April. The water is taken from the city river and, because it is untreated, can only be used in gardens. In 1999, the company listed on Chile's stock exchange. [35] Rasip Agro Pastoril Vacaria, Brazil. REVENUE. US$18.9 million Revenue growth: 37% Net profit growth: 160% In the 2004-2005 harvest, apple production declined because of a drought. The apples were small and had to be sold to industrial buyers, which doesn't pay back production costs. Even so, Rasip's domestic currency sales grew by more than 10%. The company is a pioneer in exporting Brazilian apples, mainly to European and Asian markets, and processes about 45,000 tons of product per year. Rasip Chief Executive Ademar Kurmann says in the next three years he aims to replant re·plant v. To reattach an organ, limb, or other body part surgically to the original site. n. An organ, limb, or body part that has been replanted. older orchards with new saplings, which should increase orchard output and improve product quality. [36] Cresud Buenos Aires, Argentina REVENUE: US$27 million Revenue growth: 29% Net profit growth: 145% Higher grain output, improved field development and a restructuring of the land portfolio to sell plots in central areas and buy plots out on the margins were the factors behind Cresud's growth, says Carolina Lascano, spokeswoman for the company's owner, Grupo Irsa. Cresud is one of Argentina's main farming and ranching businesses with about 400,000 hectares of land and the only one with shares trading on the Buenos Aires Stock Exchange Buenos Aires Stock Exchange (Bolsa de Comercio de Buenos Aires) Argentina's major securities market. and the U.S. exchange Nasdaq. Cresud continues to grow based on two pillars: the purchase and sale of land and the productive use of fully-owned and rented property, beyond having expansion plans for Brazil, according to the company. [37] Coresa Santiago, Chile REVENUE: US$56.7 million Revenue growth: 37% Net profit growth: 54% Founded in 1966, this maker of flexible and metal packaging also has business interests in farming, industrial agriculture, mining, fishing and fish farming Fish farming is the principal form of aquaculture, while other methods may fall under mariculture. It involves raising fish commercially in tanks or enclosures, usually for food. among other things, Coresa, one of Latin America's largest producers of packaging materials, has significant sales volumes in Argentina, Brazil, Chile, Colombia, Paraguay, Uruguay, Venezuela and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company aims to continue its policy of expanding into overseas markets. [38] Encorpar Sao Paulo, Brazil. REVENUE: US$770,000 Revenue growth: 11% Net profit growth: 1,320% With a varied mix of investments, from stakes in two textile companies--29% in Cedro e Cachoeira Industria Textil and 35% in Fiacao e Tecelagem Sao Jose--to stakes in ranches and real estate, Empresa Nacional de Comercio, Credito e Participacao (Encorpar) posted excellent profits last year. The investment company is linked to textile giant Companhia de Tecidos Norte de Minas Minas may refer to:
[39] Wetzel Joinville, Brazil REVENUE: US$75.4 million Revenue growth: 88% Net profit growth: 204% Investments in capacity and broadening markets, together with an aggressive sales strategy were all factors that explain the significant growth of autoparts maker Wetzel. "The company is in a growth cycle and we expect to expand 7% this year," says President Norberto Cubas da Silva. [40] Metisa Timbo, Brazil REVENUE: US$68.4 million Revenue growth: 55% Net profit growth: 29% Metisa knew how to take advantage of the recent growth cycle in the global steel industry. "We had physical sales growth, but we also have to recognize that we benefited from the increase in prices for steel," says Metisa's Chief Financial and Administrative Officer Nivaldo Roedel. The company produces almost 60,000 tons of rolled steel products per year, including parts for tractors and agricultural, rail and highway equipment, as well as manual tools, blades for cutting ornamental stones and washers. The company exports to more than 40 countries in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Latin America and Europe. [41] IQF IQF Individually Quick Frozen (food processing) IQF International Quilt Festival IQF Intrinsic Quality Factor (EIA-440/A) IQF Interactive Query Facility IQF Integra Query File del Peru Lima, Peru REVENUE: US$16.4 million Revenue growth: 29% Net profit growth: 345% Founded in 1987, the company's chief business is agriculture. Activity focuses on the production and processing of both fruits and vegetables. It owns cultivated land, a processing plant and canning facilities in the area of Pueblo Nuevo Pueblo Nuevo (Spanish: "New Town") is a toponym shared by several places:
[42] Conservas Oderich Sao Sebastiao do Cai, Brazil REVENUE: US$59.3 million Revenue growth: 61% Net profit growth: -3% For Conservas Oderich Chief Executive Claudio Oderich, the company owes its growth to stronger relationships with clients together with a policy of investing up to 8% of sales in the last 10 years. "We've grown year after year and we foresee an increase of 15% in 2006," says Oderich. [43] Colsanitas Bogota, Colombia REVENUE: US$58.9 million Revenue growth: 25% Net profit growth: 263% With more than 1 million users and a presence in 47 cities in Colombia This is a list of cities and towns in Colombia:
[44] Infodema Santiago, Chile REVENUE: US$15.1 million Revenue growth: 24% Net profit growth: 204% "Sales increased because of significant growth in the export of wood planks and because of specialized veneers in the Chilean market--a niche that has allowed sales to grow 100% over the last four years," says Infodema Chairman Robert Behrens. The goal for 2006 is to export 50% of all output and increase production volume by 30%. [45] Colorin Buenos Aires, Argentina REVENUE: US$29.6 million Revenue growth: 34% Net profit growth: 1,111% Paints made by this company are used by architectural, auto manufacturing and industrial entities. The paints have been used in works like the Puente de la Mujer The Puente de la Mujer (Spanish for "Woman's Bridge") is a footbridge in the Puerto Madero barrio of Buenos Aires, Argentina that spans "dique 3" (dock 3). It is of the Cantilever spar cable-stayed bridge type and is also a swing bridge, but somewhat unique in is asymmetrical in Puerto Madero Puerto Madero is a neighborhood, or barrio, of the Argentine capital, Buenos Aires, which occupies a significant portion of the Río de la Plata riverbank. History In the 1930s, port facilities were relocated to Puerto Nuevo , Argentina, placing this company among the foremost of its kind in the country. [46] Industria Textil, Piura Lima, Peru REVENUE: US$38.9 million Revenue growth: 10% Net profit growth: 605% The recent free trade deal signed by Peru and the United States was good news for Industria Textil Piura, which has taken on new projects like expanding its spinning plant and the commercializing of a new variety of Pima cotton pi·ma cotton n. A very strong, high-grade cotton of medium staple developed from selected Egyptian cottons in the southwest United States. [After Pima seed, known as Vicus For the early Peruvian culture, see . In the history of the Roman empire, a vicus (pl. vici) was an ad hoc provincial civilian settlement that sprang up close to and because of a nearby official Roman site, usually a military garrison or state-owned mining operation. . Since 1976, the company has manufactured and sold Pima cotton thread from Peru, and it has an active export business. [47] Carboclor Buenos Aires, Argentina REVENUE: US$63.7 million Revenue growth: 38% Net profit growth: 162% For 2006 chemical company Carboclor forecasts a significant increase in sales accompanied by a slight reduction in margins. "The increase in revenue and profits [in 2005] was due mainly to the improvement of our gross margins, which made the level of exports stand out," says Carlos Daniel de Juana, head of administration and finance for the company. [48] Caputo Buenos Aires, Argentina REVENUE: US$17.4 million Revenue growth: -19% Net profit growth: 744% "From the second half of 2004, a growth trend in construction has strengthened. The auction of more public and private contracts has allowed us to have margins at levels of before the devaluation devaluation, decreasing the value of one nation's currency relative to gold or the currencies of other nations. It is usually undertaken as a means of correcting a deficit in the balance of payments. in February 2002," says sales director Luciano E. Montero mon·te·ro n. pl. mon·te·ros A hunter's cap with side flaps. [Spanish, hunter, from monte, mountain, from Latin m . Also, in mid-2004, the company launched a luxury real estate project in Puerto Madero--one of the most exclusive areas in Buenos Aires. "Our commercial success surpassed our expectations. Within a few weeks we had commitments for a total of 168 apartments," says Montero. It appears that the construction industry will continue to strengthen in 2006, following several years of crisis. "This year we hope to triple our sales," Montero says. [49] Cia. Minera Santa Luisa Lima, Peru REVENUE: US$35.8 million Revenue growth: 16% Net profit growth: 188% Santa Luisa, an affiliate of Japanese multinational Mitsui Mining and Smelting smelting, in metallurgy, any process of melting or fusion, especially to extract a metal from its ore. Smelting processes vary in detail depending on the nature of the ore and the metal involved, but they are typified in the use of the blast furnace. , has benefited from an increase in international metals prices and from expanding markets, mainly on growing Asian demand. The company has mines in the Peruvian Andes and produces concentrates of zinc and lead. [50] San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. Terminal Internacional San Antonio, Chile San Antonio is a city in central Chile that is administered by the Municipality of San Antonio. According to the census of 2002, it is Chile's main port followed by Valparaíso.[1] San Antonio is the capital of San Antonio Province in Valparaíso Region. REVENUE: US$47.0 million Revenue growth: 29% Net profit growth: 95% This Chilean port has benefited from an increase in foreign trade. Chief Executive Alberto Borquez says part of the increase in shipments is due to the fact that products like frozen goods and fruits are increasingly being shipped in containers to guarantee they arrive in good condition. In 2006, the terminal expects to grow between 5% and 10%. MARGARIDA O. PFEIFER * SAO PAULO MARISOL RUEDA * MEXICO CITY Breakdown by country number of companies Brazil 16 Argentina 12 Chile 11 Peru 8 Mexico 2 Colombia 1 SOURCE: Economatica, LATIN TRADE Note: Table made from bar graph. Top 5 by revenues growth 1-year growth rate * Soc. Inmobiliaria Club de Campo 2,114% Empresas Cabo de Hornos 195% Cia. Bandeirantes de Armazens Gerais 121% Electro Aco Altona 118% Neg. Agricola Vista Alegre 101% * 12-months ending June 30, 2005 SOURCE: Economatica, LATIN TRADE Note: Table made from bar graph. Top 5 by net income growth 1-year growth rate * Ferrum 1,524% Fibam Cia. Industrial 1,327% Encorpar 1,320% Colorin 1,111% Grimoldi 950% * 12-months ending June 30, 2005 SOURCE: Economatica, LATIN TRADE Note: Table made from bar graph. |
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