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  • Reuterslast year

    Brewer Grupo Modelo to invest 2.8 bln pesos in Mexico can plant

    Mexican brewer Grupo Modelo , maker of Corona beer, said on Friday it would invest 2.8 billion pesos ($182.17 million) to build an aluminum can plant in Mexico's southeastern state of Yucatan. Modelo, which is owned by the world's largest brewer Anheuser Busch InBev, announced in January it would invest 2.2 billion pesos on a brewery in Yucatan, increasing its production capacity by more than 8 per cent. Construction on the two plants, which will be built next to each other, will begin in the second half of this year, said Grupo Modelo Director Ricardo Tadeu at an event in Yucatan.

  • Reuters3 years ago

    Mexico president sees foreign direct investment at record high

    Mexico could see a record level of foreign direct investment this year of more than $35 billion, President Enrique Pena Nieto said on Thursday. Pena Nieto spoke at an event with Chrysler Chief Executive ...