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The company started Argentina's first burlap bag manufacturer, following which they successfully lobbied government policy makers for protective tariffs on the then-critical commercial staple.
They established a mortgage bank, the Banco Hipotecario Franco Argentino, and a subsidiary in Brazil in 1905, and by 1910, they reportedly controlled 80 % of Argentine cereal exports ( Argentina was, by then, the world's third-largest grain exporter ).
They later established paint manufacturer Alba ( 1925 ), chemical and fertilizer maker Compañía Química, and textile maker Grafa ( 1932 ), among others ; by the late 1920s, the company's annual export receipts alone reached US $ 300 million.
The company inaugurated its neo-gothic Buenos Aires headquarters on Leandro Alem Avenue, designed by local architect Pablo Naeff, in 1926.

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