Mexico

Grupo Bimbo has successfully completed it voluntary redundancy program in an effort to create a leaner organization. Pic: Grupo Bimbo

‘Leaner’ Grupo Bimbo reports quarterly loss

By Gill Hyslop

Mexican bakery giant Grupo Bimbo reported a massive 87% second-quarter revenue decline after it took a 1,960m pesos ($105m) charge for a voluntary redundancy program to create a ‘lean organization design.’

Mexican bakery giant Grupo Bimbo has opened a bakery facility in Colombia and broke ground for a distribution facility in Mexico City. Pic: Grupo Bimbo

Bimbo Colombia opens $86m bakery facility

By Gill Hyslop

Bakery giant Bimbo Colombia has officially opened its second multi-million bakery facility with four production lines in Tenjo, about 20 miles outside of Bogotá.