At one edge sits a discount supermarket owned by the Mexican subsidiary of Wal-Mart Stores.

He also opened a Mexican subsidiary in 1959.

One company, Otis Elevator, is rehabilitating equipment in old buildings and installing new elevators through its Mexican subsidiary.

Banking analysts say global banks may be reluctant to push their Mexican subsidiaries to lend more aggressively.

Today it is owned by US beverage maker Brown-Forman, but the tequila is still made in the same place and facilities under a Mexican subsidiary.

Banco Santander Central Hispano of Spain is merging its two Mexican subsidiaries in an effort to cut costs.

Profits from overseas were improved by the end of losses at Ford's Mexican subsidiary and its Autolatina joint venture with Volkswagen.

He will manage mini-van operations and oversee the communications department and Chrysler's Mexican subsidiary.

Wal-Mex, the Mexican subsidiary of Wal-Mart, has been a market leader.

Helped by a stabilizing peso, the Mexican subsidiary is expected to record a profit for the year.