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May 22, 2013

Albuquerque, NM— Today the Albuquerque-Bernalillo County Trade Alliance and Albuquerque Economic Development (AED) have arranged a business agenda for senior representatives of Grupo Oleomex, a large manufacturer headquartered out of Albuquerque’s Sister City, Guadalajara.  The visit is a result of an invitation extended by Mayor Richard J. Berry during the 2012 Trade Alliance Mission to Mexico last November.  During a meeting with Mayor Berry at one of Oleomex’s manufacturing facilities in Guadalajara, the company expressed an interest in incorporating renewables into their manufacturing facilities throughout Mexico, and in finding partners to research and develop “smart” foods for the elderly population.

“There is a whole world out there looking for the innovative products and services that come out of Albuquerque,” said Mayor Berry. “This is an example of what can be achieved by proactively getting out there to generate leads for our business community.”

The 2012 Trade Alliance Mission to Mexico was led by Mayor Berry and included representation from the University of New Mexico and five local companies looking to enter the Mexican market.  This will be the second official follow-up visit to Albuquerque as a result of the Trade Mission.  The first visit came just three months ago in February when representatives of the University of Guadalajara visited to explore new joint research programs and student/professor exchanges with the University of New Mexico.  While in Albuquerque, Grupo Oleomex will meet with the University of New Mexico and local businesses in the areas of solar energy, biomass and food recycling.

"Oleomex recently made their first U.S. acquisition when their subsidiary, Western Baking Corp, reopened the Marietta Biscuit Plant in Alamogordo, last year," added City Economic Development Director John Garcia who also represented the City during the fall Trade Mission to Mexico. "They see New Mexico’s potential and we are thrilled about the opportunity to make important business connections for them in Albuquerque."

"This is exactly the type of positive exposure and momentum the County and City were looking for when we partnered to create the Trade Alliance," noted Bernalillo County Economic Development Director Mayling Armijo. "We expect to see continued results from the most recent Trade Mission to Israel and our upcoming fall Trade Mission to Taiwan."

The Albuquerque-Bernalillo County Trade Alliance is an intergovernmental partnership created to expand the region’s international trade promotion efforts. The Trade Alliance has led thirteen local companies to foreign markets since it was formed nine months ago, in August of 2012.