The President of
Mexico, Enrique Peña Nieto, presided over the announcement of investment of US
2,275 million from the Constellation Brands company, which will expand its beer
plant and production of glass bottles in the municipality of Nava, Coahuila.
This event was attended by the secretaries of Economy (SE), Ildefonso Guajardo
Villarreal; Finance and Public Credit (SHCP), Luis Videgaray Caso; Agriculture,
Livestock, Rural Development, Fisheries and Food (SAGARPA, all acronyms in
Spanish), Enrique Martinez and Martinez; and the US Ambassador in Mexico,
Anthony Wayne, the President and CEO of Constellation Brands, Rob Sands; the
Coahuila Governor, Rubén Moreira Valdez; and the Mayor Ana Gabriela Fernández
The Secretary of
Economy, said that "so far in 2015, we have been announced investments in
the brewing industry in Mexico, equivalent to 46 billion pesos." He also
said that "Mexico is a major competitor in the world and through the trade
liberalization we will continue reaping much success as we all celebrate this
one, with the enlargement of Constellation Brands in Mexico".
The expansion of
the brewing plant will generate 2,500 direct jobs and 700 indirect jobs.