Cooperativa Pascual

Cooperativa Pascual is a worker cooperative headquartered in Mexico City with around 5,000 workers who took over operations in 1985. The company is a major soft drink producer, with about 15% of the Mexican market and bottling plants in several states. The peso devalued in 1982 when global interest rates rose on the debt-rich country, and demand for oil exports softened. When the government mandated wage increases in response to inflation, the owner of the company refused, igniting a three year strike by around 1,200 workers. 2 workers were killed when the owner sent armed thugs in an attempt to break the strike. In 1985 the courts ruled in favor of the workers, and an arrangement avoided bankruptcy by allowing the workers to take over the facilities and brand as a cooperative. Since then the company has grown significantly, and is one of the few 100% Mexican owned soft drink manufacturers. 

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