 | |
| Company type | Private |
|---|---|
| Industry | Construction |
| Founded | August 1, 1966 |
| Headquarters | Monterrey, Nuevo León, Mexico |
Number of locations | 18 of 31 Mexican states |
Area served | Mexico |
Key people | |
Number of employees | 4,154 (2008) |
| Divisions | 7 |
| Website | www |
Grupo Garza Ponce is a Mexican construction company based in Monterrey, Nuevo León. It was founded in 1966 by civil engineer José María Garza Ponce after he decided to take advantage of the boom in public works that Mexico was experiencing during that time. In the early 1980s, the company nearly went out of business due to the country's debt crisis; during that decade, they built the first private industrial park in Nuevo León, and later tapped into different markets by partnering with transnational companies in multimillion-dollar construction projects. They are currently one of the largest construction firms in Mexico and one of the leading ones in the northern part of the country.
In the early 2000s, Grupo Garza Ponce had a strong business relationship with the Institutional Revolutionary Party (PRI) based in Nuevo León, which granted them opportunities to participate in several construction projects, including the Puente de la Unidad bridge and the expansion of the Monterrey Metro. In the 2010s, they constructed industrial park projects in Nuevo León, the Mexico City Arena, and the football stadium Estadio BBVA Bancomer, home of Mexican top division team C.F. Monterrey. It was also part of the bidding process for the New International Airport for Mexico City.