Thursday 20 February 2025
  • La Cimbali

Nestlé to invest $1 billion in Mexico to strengthen its footprint , increase coffee production capacity

The Swiss giant said that 50% of the investment would be aimed at increasing its coffee production capacity in Mexico. “Nestlé México has established itself as the fourth most important market for Nestlé worldwide, in addition to being the second market in which the company invests the most,” stated Steve Presley, Executive Vice President and Chief Executive Officer, Zone Americas. “This is a testament to the commitment and confidence we have in this country

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MILAN – Nestlé will invest $1 billion in Mexico over the three-year period 2025-2027 to expand operations at its factories in Veracruz, Guanajuato, Querétaro and in the State of Mexico, as well as building a distribution centre which will serve as “an export hub”.

The announcement was made by Steve Presley, Executive Vice President and Chief Executive Officer, Zone Americas, and Fausto Costa, Executive President, Nestlé Mexico, during an official meeting at the National Palace, attended by President Claudia Sheinbaum and Marcelo Ebrard, Minister of Economy.

The Swiss giant told the media that 50% of the investment would be aimed at increasing its coffee production capacity in Mexico.

“Nestlé México has established itself as the fourth most important market for Nestlé worldwide, in addition to being the second market in which the company invests the most,” Presley said. “This is a testament to the commitment and confidence we have in this country.

We are excited about the opportunities ahead and about continuing to offer quality products that meet the needs of our Mexican consumers,’ added Nestlé CEO for the Americas Zone, Steve Presley. ”

In addition to the US $1 billion investment, the Swiss company expects to spend over $2 billion on agricultural products in Mexico between 2025 and 2027, which the company said will support farmers and contribute to Mexico’s socioeconomic growth.

Nestlé Mexico will continue to support the Plan NESCAFÉ and Nestlé Plan Cacao, which operate in the states of Chiapas, Tabasco, Veracruz, Oaxaca, Puebla and Guerrero.

These initiatives are designed to positively transform farming communities by providing training, technical assistance and promoting regenerative agricultural practices.

CIMBALI

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