Companies / Mexico
Nestlé Invests In Mexican Coffee Facilities
February 2010 | Company News AlertSwiss food and drink giant Nestlé has announced plans to invest MXN5bn (US$390mn) in its Mexican production and infrastructure facilities. The majority of the investment will be directed towards the firm's Nescafe instant coffee processing plant in Toaluca near Mexico City. The funds will be used to expand the plant's capacity by 40% which will make it the world's largest coffee processing plant. Nestlé also plans to build on Mexico's position as a regional export hub for Latin America, with investment in its supply
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