Article: DAMG Worldwide Announces Plans to Develop and Finance an Air Cargo Multimodal Transport Park in Monterrey, Mexico.

Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 24, 2000

DAMG Worldwide announced today that it has created a joint venture to develop a multimodal transport park in Monterrey, Mexico for air cargo, rail and truck operations.

DAMG has signed a letter of intent with local partner ADNPlus International in Monterrey to work together to build and finance the project, which is the first inland, multi-use Foreign Trade Zone within Mexico. ADNPlus International has acquired 1,169 acres adjacent to Aeropuerto del Norte, a general aviation airport located nine (9) miles north of Monterrey. ADNPlus International is positioned at the juncture of the ...

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