Governor Huckabee’s radio address re his trip to Mexico/Consulate (p.2)


offering a helping hand to those who follow the American
dream along Interstate 30 and Interstate 40 into Arkansas. I also was reminded
of the global impact our small state and the
companies based
here have had. I was traveling with our delegation along a dusty road in the
state of Hidalgo when we suddenly came upon a new Wal-Mart Supercenter. There
are almost
150 Arkansas companies now exporting $250 million worth
of goods annually to Mexico. Arkansas’ exports to Mexico have almost tripled
since before the North American Free Trade
Agreement took effect in
1994. Wal-Mart entered into a joint venture with Cifra with the
opening
of a Sam’s Club in Mexico City in 1991. Mexico became the first country in the
company’s international division. Wal-Mart acquired a majority position in
Cifra in 1997. In
February 2000, the name of the company was changed to
Wal-Mart de Mexico. Wal-Mart now
operates more than 600
units with annual sales of $10.1 billion. The Wal-Mart stock is the
second
most traded stock on the Mexican stock exchange. The Bentonville Company is
represented in 31 of the 36 Mexican states. Tyson Foods of Springdale,
meanwhile, began
operating in Mexico in 1994 through a joint venture.-
Tyson now processes millions of chickens
and turkeys annually in
the country. The company has almost 4,900 employees in Mexico and
has invested more
than $50 million there during the past three years.

Companies such as Wal-Mart and Tyson Foods
cause Mexicans and others around the world
to realize Arkansas
truly is the Land of Opportunity. These companies began in small
Arkansas
towns and became global leaders in changing how people shop, eat and live. I
also
had a chance to spend time with representatives from a
number of smaller Arkansas-based
businesses that sell
their products and services in Mexico. We’re doing everything possible to
expand the market for
Arkansas products in other countries.

Until next week, this
is Gov. Mike Huckabee.



http://www.arkansas.gOv/governor/media/radio/text/r 11082003 .html



01/28/2005

204 thoughts on “Governor Huckabee’s radio address re his trip to Mexico/Consulate (p.2)”

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