Fracking Projects Moving Forward In Argentina’s Patagonia

Patrick Archer agribusiness, foreign investment, real estate, us companies

Hydraulic fracturing or “fracking” is making a steady push into the Northern Patagonia provinces of Neuquen and Rio Negro, as oil and gas companies are waving irresistible sums in front of small fruit farmers in the Alto Valle. These are dollar amounts that would have caused “a laughter attack” twenty or thirty years ago, writes Claudio Andrade who says the …

Chuck E. Cheese Eyes Expansion in Argentina, South America

Patrick Archer franchises, us companies

Family, food and entertainment are the focus of Texas-based CEC Entertainment, the operator of Chuck E. Cheese’s restaurants in 48 states and 6 countries. Now the giant mouse from the Lone Star state is looking to Latin America, apparently lured by the same combination of population growth, economic strength and youthful demographics attracting the likes of Wendy’s and Pizza Hut. …

Exchange Rate, Foreign Investors Boosting Argentina Luxury Hotel Sector

Patrick Archer foreign investment, hotels & casinos, lifestyle, tourism, us companies

While new hotel construction slowed in Argentina in 2008-09, the sector is starting to come back to life thanks to a more favorable peso/dollar exchange rate and the determination of international investor groups, according to Ellen Hoffman of Hotel News Now (HNN). The current 3.8 peso/dollar exchange rate, about 20% higher than two years ago, has helped New York-based developers …

Kraft/Cadbury Makes Sense in Argentina

Patrick Archer foreign investment, us companies

Judging by today’s headlines, Kraft’s $19.44 billion purchase of U.K.-based Cadbury Plc. is not going down well with most market insiders: Warren Buffett went on CNBC and said he “felt poorer” (after Kraft upped the ante by almost $3 billion) and MarketWatch’s Simon Constable warns, “Kraft is going to get indigestion from gobbling Cadbury.” While the deal may present major challenges …

UPS Celebrates 20 Years of Big Brown in Argentina

Patrick Archer competitiveness, foreign investment, technology, us companies

As the worlds’ largest package delivery company, Atlanta-based UPS has been around for over 100 years and has constantly adapted to the changing demands of corporate clients. UPS is so synonymous today with global commerce that Thomas Friedman held Big Brown’s insourcing model up as one of the 10 flattening factors in his 2005 best seller, The World Is Flat. …