10 Firms Destined to Be Global Giants

Mexico, Brazil, India home to booming companies
By John Lister,  Newser User
Posted Dec 4, 2007 2:10 PM CST
A building under construction is seen among Shanghai's crowded skyline Wednesday Nov. 7, 2007, in China. According to the Boston Consulting Group's (BCG) "2008 Global Challengers" report, China is home...   (Associated Press)
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(Newser) – American companies should sleep with one eye open: These firms may not be familiar right now, but they're poised to "reshape global industries," the Boston Consulting Group says. CNN lists 10 standouts, based on BCG's 2008 Global Challengers report.

  1. Johnson Electric (China): Produces small motors designed for cars and home appliances.

  1. Tata Group (India): The world's sixth-largest steel company.
  2. Grupo Bimbo (Mexico): A bakery with 5,000 products under 100 brand names.
  3. Petrobras (Brazil): Makes ethanol car fuel from cheap sugar cane.
  4. Severstal (Russia): Steel producer expanding into the US market.
To see the complete list, click the link below.