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The first industrial production facility of corn flour in the world was opened in 1949 under the name "Molinos Azteca, S.A. de C.V.", later shortened to "Grupo Maseca". Expansion quickly led to the government of Costa Rica inviting the company to invest in that country, in 1973. From then on, a long tradition of investments outside of Mexico was followed. In 1977, Grupo Maseca opened a subsidiary in California, pioneering in the production of tortilla in the United States. It would be in Texas, in 1982, where Maseca would open the first production facility of nixtamalized corn flour in that country.
By 1990, the company had subsidiaries in North America and Central America, including the United States, Honduras, and Costa Rica. It was in this year when the company made its initial public offering in the Mexican Stock Exchange as "GIMSA", or "Grupo Industrial Maseca".
Gruma consolidated itself as a holding company after acquiring 10% of Banorte in 1992. From then on, a history of expansions would open subsidiaries around the world, including one in Coventry, England in 2000, and another one in Shanghai, China in 2006, also recently in Ukraine in 2010.
