Gruma Corporation has it all wrapped up. With operations in the US and Europe, the company manufactures and distributes more than 20 varieties of corn flour, corn tortillas, and related products, such as tortilla chips. Gruma's brand name offerings include Mission and Guerrero tortillas and Maseca corn flour. The company is a wholly owned subsidiary of the giant Mexican food company Gruma, S.A.B. de C.V. and is its largest revenue producer. Gruma produces about 1.4 million metric tons of corn flour and tortillas every year, and its products are available in 30,000 retail food outlets in the US.
Gruma Corporation operates through two divisions -- Mission Foods and Azteca Milling. Mission Foods produces tortillas and related products (salsas and bean and cheese dips) from 20 plants, which are located mainly in the western and southwestern US. Azteca Milling has six plants in the US and one in Italy. Together the plants have the capacity to process 1 million metric tons of product per year. Its Italy plant also produces 80,000 metric tons of polenta a year.
The company's tortilla and corn flour sales volume increased by 6% to around 1.4 metric tons in 2010 vs. 1.3 metric tons in 2009. The increase in volume was attributed to higher volumes in the company's European operations: the acquisition of Altera LLC, a leading producer of corn grits in Ukraine, growing demand in the Middle East (primarily among snack producers), and to some degree, in the UK and continental Europe.