Monterrey, is the capital and largest city of the northeastern state of Nuevo León, in Mexico. Monterrey serves as a commercial center in the north of the country and is the base of many significant international corporations.
It is one of the wealthiest cities in Mexico with a GDP PPP of 130.7 billion dollars in 2012. Monterreys purchase power parity is considerably higher than rest of the countrys at around US$32,000 against countrys US$18,800. It is considered a Beta World City,
As an important industrial and business center, the city is also home to an array of Mexican companies, including Grupo Avante, Lanix Electronics, Ocresa, CEMEX, Vitro, Mercedes-Benz Mexico, OXXO, BMW de Mexico, Grupo Bimbo, DINA S.A., Cuauhtémoc Moctezuma Brewery and Heineken, which features Norteño capital and Grupo ALFA.
Monterrey is located in northeast Mexico, at the foothills of the Sierra Madre Oriental. The uninterrupted settlement of Monterrey began in 1596, with its founding by Diego de Montemayor. In the years after the Mexican War of Independence, Monterrey became an important business center. With the establishment of Fundidora Monterrey, the city has experienced great industrial growth.
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