A billionaire from Mexico City, Moises Cosio, joined the company's board of directors in January, after visiting the isolated but bustling Blaine facility and meeting with CEO Deans about other business ventures. The son of a Spanish-born textile magnate, Cosio has continued to add to his family fortune through shrewd investments in Mexico's stock market. On Geographics' board, he replaced another wealthy Mexican citizen, Martin Garcia Carrancedo, who died late last year. Cosio now owns at least 100,000 shares of the company, or about 2 percent. Carrancedo's brother, Fidel, remains a board member and is the company's largest shareholder, owning nearly 28 percent.
Paper is a ubiquitous product.
I'd rather read a piece of paper than have everything confined to a computer screen. Yet Geographics can't ignore the possibility of paper having a diminshed role in the workplace years down the road, Fife says. Ron's philosophy is to remake the company every five years. We're going to have to start looking for the next 'Geopaper' soon, to keep the company growing. Monte Enbysk is managing editor of Washington CEO magazine.