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Not wanting to remain boxed in, Corporación Durango (CODUSA) continues to expand its packaging, paper, and wood products business. Formed in 1975, CODUSA transformed itself from a regional forest products operation into a leading maker of packaging in Mexico. It makes corrugated boxes, containerboard, linerboard, plywood, multi-wall sacks, newsprint, and other paper and wood products. Although the company has operations in the US, Mexico accounts for the bulk of its sales. Nestlé, PepsiCo, and Kimberly-Clark are some of CODUSA's main customers. CEO Miguel Rincón and his family control nearly 80% of the company. The company filed Chapter 15 for its US subsidiaries in October 2008; it emerged in August 2009.
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| | | Contact Information | |
Address: |
Potasio 150, Ciudad Industrial
34220 Durango, Mexico
| | Phone: | +52-618-829-1000 | | Fax: | +52-618-814-0048 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2007): | 926.90 M | | Revenue Growth (1 yr): | 3.40% | | Employees (2007): | 8,676 |
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Key People
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Chairman and CEO:
Miguel Rincón
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Vice Chairman and COO:
José Antonio Rincón
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VP, CFO, and Director:
Mayela Rincón de Velasco
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