INTERNATIONAL TRADE
Compiled by Chris Woodyard; Times staff writer
Business Goes South: A private investment group in Irvine is positioning itself to take advantage of environmental improvements that are sure to come in tandem with increased trade with Mexico.
Ventana Growth Funds recently signed an a $5-million agreement to build three water treatment plants in Mexico.
The plants are run by Grupo Fypasa, an environmental company based in Mexico City that was founded in 1942.
The funding is being handled through Ventana’s North American Environmental Fund, which has raised more than $30 million of its $50-million goal. The investments will go to help with the almost $2 billion that Mexico will need to invest in infrastructure.
