Heineken To Invest $470 Mln In New Brewery In Mexico
Dutch brewer Heineken N.V. Tuesday announced its plan to open its seventh brewery in Mexico, by investing 7.35 billion pesos or $470 million. It is expected to begin operation in the fourth quarter of 2017.
The plant will be located in Meoqui, in Chihuahua state in Northern Mexico. It will have initial production capacity of 5 million hectoliters per year, and could be expanded later to 10 million hectoliters.
The plant will have 500 employees, and will cater to the demand for Heineken's brands from its Mexico and U.S. markets. (dpa)
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