Show Inflation 3 W Q Fighting Ideas A new plant to be built south of oC the border will help to fight inflation on both sides of oC the border The efficient new hydrofluoric hydrofluoric hydro hydro- oric acid plant which willbe will willbe willbe be one of oC the largest in the world will make a chemical used in producing stainless steel and in removing certain deposits on steels be before Core they are processed The The new plant which will wil be he built by DuPont at Matamoros Tamaulipas state will supply both domestic and international markets When it is in full Cull production it will generate foreign sales of oC 25 million annually DuPont which has had operations in Mexico for 50 60 years currently has investments investments invest invest- ments there th re totalling million and employs persons Its investments in Mexico will increase by 25 percent over the next few years according to Irving S S. S chairman of the board Inflation Fighter said that a a study by company economists indicates indicates indicates in in- Mexico's gross national national na na- product will increase at an average annual rate of six to seven percent over the next decade Referring to DuPonts DuPont's half hall century of operations in Mexico said Our history Is an example of the way in which mutually satisfactory cooperation can exist between a government concerned about its ita national development and a company that can provide ingredients necessary for the develop develop- ment It Is la our intention to continue collaborating with Mexico's Mexico economic progress |