Bimbo breads


Bimbo restructuring into new phase

In late April, executives with Mexico City-based Grupo Bimbo S.A.B. de C.V. said the company’s restructuring efforts were entering a new phase that should extend momentum. Fred Penny, president of B.B.U., in an April 27 conference call with analysts described  the company’s supply chain as being ripe with opportunities for heightened efficiency.

The company also during the year took its Eureka! organic bread national and announced  plans to close two baking plants by the end of January 2017.