Mexico's largest corporations

In Mexico, drug cartels are increasingly targeting large corporations, attempting to control the sale, distribution, and pricing of goods. The situation escalated following the murder of Julio Almanza, head of the business chambers' federation in Tamaulipas, shortly after he spoke out against cartel extortion. Femsa, operator of the Oxxo convenience stores, has closed all 191 of its stores and seven gas stations in Nuevo Laredo due to gang violence and kidnapping incidents involving employees. The American Chamber of Commerce reports that 12% of companies surveyed are experiencing cartel control over their sales. This shift in cartel focus from small businesses to major corporations reflects a growing threat to Mexico's economy. Femsa is collaborating with authorities to enhance safety and hopes to reopen its stores soon.