Tarsus, E.J. Krause Expand Mexico JV with Launch of Education Event
February 6, 2014
As part of their recently formed joint venture, U.K.-based Tarsus Group and Bethesda, Md.-based E.J. Krause and Associates will launch the Global Education Supplies & Solutions Exhibition May 2015 at the World Trade Center in Mexico.
Tarsus’ subsidiary, F&E Education, also currently produces a successful GESS event in Dubai.
“GESS Dubai has already established itself as the major player in the Middle East education field ,and the new event in Mexico allows us to build on our expertise and expand into the fast-growing Mexican market,” said Douglas Emslie, group managing director of Tarsus Group.
He added, “I am excited by the opportunity to work with EJ Krause to launch this existing Tarsus brand into the country.”
Ned Krause, CEO of E.J. Krause, said “Quality education plays a key role in the economic development of any nation and is one of the key forces in enabling growth. Mexico’s national education system currently serves 35 million children and President Enrique Peña Nieto’s government has allocated a record investment of over $47 billion for education in 2014.”
He added, “The launch of GESS Mexico is very timely and represents a unique opportunity in this strategically important part of the world.”
The Mexican National Development Plan has selected education as one of the five key areas for development, ensuring the right to high quality education for all Mexicans.
A recent government statement concluded that “Education should promote the comprehensive skills and abilities of each individual, while instilling values for which personal dignity and that of others is defined. A better education requires a strengthening of infrastructure, basic services and equipment of schools, it is necessary to strengthen the partnership between school communities, academia and society.”
Tarsus and E.J. Krause formed their JV in November 2013, with Tarsus securing a 50-percent stake in two existing E.J. Krause shows – Plastimagen and Expo Manufactura.
Emslie said at the time of Tarsus decision to expand its portfolio into Mexico: “Mexico is a large and fast-growing market that has close trading ties with the US. The Mexican exhibition market is highly fragmented at present and offers exciting potential for growth.”
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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