Growth comes to a standstill Economic
problems in Mexico, beginning in 1981, affected
ALFA's financial situation. The corporation lowered
administrative costs, and canceled projects. It
also began restructuring debt, consolidating operations,
and divesting.
Polioles
plant, Altamira, Tamps.
The Mexican economy is severely affected By 1984, ALFA's financial
results had improved. Nevertheless, a drop in oil
prices, high interest rates, and peso devaluation
hurt Mexico's economy in 1985 and 1986.
