Gruma is a Mexican company that is the largest producer of corn flour and tortillas in the world. Their core brands Mission and Maseca are globally recognized category leaders.
Some years ago, I was surprised to find out that Mission has a good sized factory operation here in Malaysia where there is a big market for Indian and Middle East style breads and "wraps." Mission brand wraps have always been in the stores here...
One of the funds I looked at last week (https://emergingmarketskeptic.substack.com/p/em-fund-stock-picks-commentary-february-21-2023) went into detail about them - said they continue to shift to higher value food products while controlling costs - and price increases are helping to cover rising costs...
Some years ago, I was surprised to find out that Mission has a good sized factory operation here in Malaysia where there is a big market for Indian and Middle East style breads and "wraps." Mission brand wraps have always been in the stores here...