Tag: Mexico
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Three Large Worker Cooperatives In Mexico
In Mexico there are three worker cooperatives that employ more than 1,000 workers, launched during periods of economic shock in 1931, 1985, and 2005. All three converted from private ownership as the result of hard-fought labor organizing, when public support for strikes and factory occupations was strong. Cooperativa Cruz Azul…
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Cooperativa TRADOC
Cooperativa Trabajadores Democráticos de Occidente (TRADOC) is a tire manufacturing cooperative outside of Guadalajara. The cooperative launched in 2005 the company now has more than 1,000 workers, and around 600 members. When the factory was built in 1970 it was the most advanced in Latin America. During the 2001 global…
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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…
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Cooperativa La Cruz Azul
Cooperativa Cruz Azul is a cement manufacturer in Hidalgo that was bought by 200 workers as a cooperative in 1931. It now has around 1,400 workers. The company started in 1881. Investors rescued it from bankruptcy in 1906 but then wanted their capital out during the Mexican revolution, and after…