de C.V., a listed corporation in Mexico with operations in 23 countries, and a business portfolio that includes petrochemicals, refrigerated food, telecommunications, IT and energy. In 1996 Alfa formed a joint venture with Valores Industriales, Bancomer (Mexicos second largest bank), and AT&T to enter the Mexican long distance telephone market in competition against Telefonos de Mexico. Grupo Alfa profits would know no limit.". Alfa did so well that the Garza Sada family was able to buy back much of the equity it had surrendered to its creditors. Although Alfa formed joint ventures with Hercules and American Petrofina to produce polyester, Du Pont to produce other synthetic fibers, Ford to turn out aluminum cylinder heads, and Hitachi to make electric motors, it insisted on control. Alfa's total debt was 18.5 billion pesos ($2.7 billion). Roberto Garza Sada (1895-1979) FamilySearch A 15-member board was named to govern the company, of which nine would be named jointly by the foreign banks and the Garza Sada family. Mr. Armando Garza Sada serves as an Executive Vice President of Corporate Development of Grupo Industrial Alfa, SA de CV. International Directory of Company Histories. Brother of Bernardo Garza Sada, founder of the ALFA . Surviving copies of "Our Group" inevitably have becomes hot property: Some have shown up on the black market fetching as much as $130 apiece, spotty photostats have circulated like secret documents. Eugenio Garza Sada - Wikipedia ", Salinas suspects that her relatives will want to ruin her economically, although "that will take them a while. . After Garza graduated from the Massachusetts . Alfas stake was held through its subsidiary AlfaTelecom, S.A. de C.V. In 1978 Alfa was the only Mexican company in the Fortune 500 list of the biggest companies outside the United States, except for state-owned Petroleos de Mexico (Pemex). The performance at the highest corporate level of Mr. Garza Sada in companies in the manufacturing sectors provides CEMEX, S.A.B. In all, Alfa was operating ten petrochemical and synthetic fiber plants in 1995, seven steel plants and a service center, six refrigerated-food plants, two carpet and rug plants, two mattress plants, an aluminum cylinder-head plant, and two building supplies retail stores. Sigma Alimentos, S.A. de C.V. (formerly Salumni, S.A. de C.V.), which distributed Oscar Mayer and its own brand of packaged meat and other food products, enjoyed 36 percent of domestic market share in processed meats in 1995. Also, he held executive positions at ALFA, Polioles and Selther. See Armando Garza Sada's compensation, career history, education, & memberships. NAIC :32562 Toilet Preparatio, 125 South Franklin Street There are no family members in important executive positions, Business Latin America wrote, and this has contributed to a more professional and predictable management style.. "We manage these ventures, always," Garza Sada told Forbes in 1979. . ." "It's something I had to do," says Salinas. "There are no family members in important executive positions", Business Latin America wrote, "and this has contributed to a more professional and predictable management style. Alfa S.A.B.