Infraestructura y Transportes México, S.A. de C.V.

GMEXICO acquired its railroad concession from the Mexican federal government in 1998 for 100 years.

GMEXICO’s Railroad Division is represented by its subsidiary Infraestructura y Transportes México, S.A. de C.V. (“ITM”). Its main subsidiaries are Grupo Ferroviario Mexicano, S.A. de C.V. (“GFM”), Ferrocarril Mexicano, S.A. de C.V. (“Ferromex”) and Ferrosur, S.A. de C.V. (“Ferrosur”). 

Grupo Ferroviario Mexicano, S.A. de C.V. (GFM)

GFM operates Mexico's largest and most profitable railroad known as Ferromex. Ferrocarrill Mexicano “Ferromex” is the largest railroad company in Mexico and has the widest coverage. Ferromex has a network of 8,111 kilometers of tracks that covers approximately 71% of the Mexican territory. Ferromex lines connect to five border points with the United States, and also connect to four ports in the Pacific Coast and two in the Gulf of Mexico. Ferromex is controlled by Grupo México 55.5%, Union Pacific 26% and Grupo Carso-Sinca Inbursa 18.5%.

Intermodal México, S.A. de C.V.

Started operations in November 2001. The company develops and provides multimodal services and logistics for freight transportation. Intermodal México has facilities in Guadalajara, Monterrey, Torreón, Silao, Saltillo, and is in the process of building several other facilities in major cities in central and northern Mexico.

Texas Pacifico, Inc.

Holds and operates a railroad in US, which connects the border point of Ojinaga Mex./Presidio Texas with Dallas, Texas.

FERROSUR

GMEXICO, through its subsidiary Infraestructura y Transportes Ferroviarios, S.A. de C.V. (ITF) acquired 100% of the capital stock of the railroad company Ferrosur, S.A. de C.V., owned by Sinca Inbursa, S.A. de C.V. and Grupo Condumex, S.A. de C.V., in November 2005, encouraging competition in Mexico's freight transportation market, specifically with carrier transport. This operation will result in more flexibility in terms of seamless freight services between the Gulf and the central and northern regions of the country, and will develop the short and medium distance freight market. This transaction was duly filed with the Mexican Federal Competition Bureau.