Sears (Mexico) to St. Thomas, U.S. Virgin Islands where he supervised the business expansion of the islands. From 1955 to 1993, Sears opened stores throughout Mexico. On April 2, 1997, Sears, now owned by Sears Holdings, formed a strategic alliance with Grupo Carso, owned by Mexican businessman Carlos Slim Helú, through which Sears agreed to sell 85% of its share of Sears Mexico to Grupo Carso, until 1997. As of 2007, Grupo Carso owned a 100% share of the company. Even though Sears unveiled a new lowercase logo in the United States in 2010, Sears Mexico still retains the pre-2004 logo (in
Grupo Industrial Ramirez established, manufacturing rims, stampings, assembly and sub assembly. In 1964 Berg de Mexico, S.A was established to produce air brakes for heavy vehicles. In 1982 it was renamed to Industrias Vortec, S.A. By 1978 Grupo Industrial Ramirez was established as a holding company, controlling all of the group's interests. Grupo Industrial Ramirez Grupo Industrial Ramirez was the first Mexican automotive company and also the first Mexican company to ever produce pickup trucks and vans. The company was started in 1946 by Gregorio Ramirez Gonzalez, with a small shop to reconstruct dry van trailers. It later grew into a larger corporation