Tuesday, January 20, 2015

Grupo Modelo to Build New Plant in México

by Murry Page
19 Jan 15
mazmessenger.com

Grupo Modelo announced the construction of a new plant in México, which will increase its production capacity by eight percent. The new plant will be the company’s eighth plant in México and it is estimated to cost 2.2 billion pesos ($151.1 million).

Rolando Zapata, the Governor of Yucatán, said the new plant would be constructed in the town of Hunucmá and that it will start construction this year. Hunucmá is located about 35 km (20 m.) from Merida.

Ricardo Tadeu, a Member of Executive Board of Management and Zone President of México at Anheuser-Busch InBev SA/NV, told reporters the plant will have a production capacity of 5 million hectoliters (132.1 billion gallons) in annual terms and the possibility to increase to 15 million hectoliters in the coming years.

“For us it is very important because it will be our eighth plant in México and we have every intention of continuing to grow in the region,” he said.

Currently the company produces brands such as Corona, Modelo, Montejo, among others, and has an annual production of 60 million hectoliters, and expect the new plant in Mérida to increase that to 75 million hectoliters.

(from Milenio)

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