Friday, November 16, 2018
 Nestlé to Build $350m Infant Formula Plant in Mexico  

Swiss food giant Nestlé has announced its plans to build a $400 million plant in Ocotlan, a city in the western Mexican state of Jalisco. The plant will produce Nestlé infant formula brands including Nan and Good Care.

The company, which currently has 14 plants and employs 16,000 people in Mexico, will create 350 jobs at the new facility, which will be one of the multinational's largest plants according to reports.

Construction of the plant could start before the end of this year, the daily said, citing Nestlé  Mexico vice president for communications and corporate affairs Mario Vera.

Nestlé , which opened its first plant in Mexico in 1935 and already has four plants in Jalisco, has invested $1 billion in the North American country in the past five years.

The Swiss food giant sells milk, ice cream, cereal and infant formula under different brands.

Posted on Friday, January 31, 2014 (Archive on Friday, February 07, 2014)
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