CMI's Contribution to Ensuring Food Security in Central America

CMI's Contribution to Ensuring Food Security in Central America

CMI, Corporación Multi Inversiones (CMI), has established itself as a key actor in Central America's food security. With a history spanning over 100 years, the corporation operates in 16 countries through its two main Business Groups: Capital and Foods. The latter, focuses on the development of food and nutritional products through its business group, CMI Foods.

This commitment, reflected in active participation in key events and the implementation of sustainable practices, aligns with their purpose: “We feed your world to fill it with well-being.”

Food Security: A Fundamental Pillar of CMI

Food security, a critical concept globally, is about ensuring that all people have access to sufficient, safe, and nutritious food.

This concept includes not just the availability of food but also its accessibility, utilization, and stability over time. CMI, Corporación Multi Inversiones, addresses this challenge through its operations and brands. Thus, the corporation integrates sustainable and responsible practices into its supply chain, from production to distribution, ensuring the quality and safety of food.

New Farms and Distribution Centers: Strengthening Food Security

In 2023, the corporation took significant steps to strengthen the region's food security, such as partnering with Jurimar to inaugurate a sustainable poultry farm in Guatemala. They also expanded their operations by acquiring a poultry plant in Costa Rica and investing $7 million in upgrading a facility in El Salvador.

Meanwhile, in Honduras, the opening of a new Distribution Center was celebrated, from where products from brands like Pollo Rey, Toledo, and Franks will be distributed. All these actions are part of CMI's commitment to food security in the countries where it operates.

CMI in Key Food Sector Events

CMI has reaffirmed its commitment to food security by participating in sector events in various countries, where they have shared experiences, knowledge, and achievements. For instance, representing their poultry operations, they attended the World Nutrition Forum in Cancun, Mexico, the Central American and Caribbean Poultry Congress in Costa Rica, and the LPN Congress 2023, the largest poultry event in LATAM and Brazil.

Participants also engaged in the 2023 National Poultry Meetings held in Guatemala and Honduras in October and November, respectively. Forums like these provide opportunities to exchange ideas with key players in the poultry sector, aiming to improve processes, enhance the industry, and continue delivering quality products.

In September, CMI participated in a fair organized by the Costa Rican Chamber of the Food Industry (CACIA), featuring brands like ChocoWow, Pollo Rey, Molinos Modernos, and Pollo Pura Vida. Such events serve as platforms for strengthening the network of collaboration and learning in the food industry.

It's noteworthy that CMI's poultry operations began in 1964 with the opening of Avícola Villalobos. Today, it has become a key player in the region's food security under the strategic vision and leadership of the third generation, with Juan Luis Bosch Gutiérrez as Chairman of CMI Capital and Juan José Gutiérrez Mayorga as Chairman of CMI Foods.

Sustainability in CMI's Operations

CMI has integrated sustainability into its business model. The corporation has implemented practices like waste classification and solar panel installations on industrial plants, significantly reducing CO2 emissions. Moreover, it has invested US $1 billion in infrastructure development, technology, and innovation, reflecting its expansion strategy and commitment to food security.

CMI's trajectory and actions in the region illustrate a comprehensive approach to food security, a concept that goes beyond mere food availability. By integrating sustainable practices, innovating processes, and a firm commitment to community development, CMI establishes itself as a significant support for the growth of Central America and the Caribbean through nutrition.