Corona beer maker Modelo says to invest $3.6 bn in Mexico
- Grupo Modelo announced on Thursday it will invest more than $3.6 billion in Mexico.
- This significant investment occurs despite ongoing trade tensions with the United States.
- The brewer plans to use these funds primarily to modernize its production plants and retail stores.
- Separately, Walmart announced a $6 billion investment, contributing to nearly two thousand pledges amounting to almost $300 billion.
- These substantial investment commitments stand in contrast to a forecast predicting Mexico's economy will shrink this year.
42 Articles
42 Articles
Grupo Modelo set to invest US $3.6 billion in Mexico over the next three years
Grupo Modelo, Mexico’s top beer maker, said it plans to invest US $3.6 billion over the next three years to renovate its Mexican plants, fund recycling initiatives and finance local producers. Raúl Escalante, Modelo’s vice president of corporate affairs, made the announcement during President Claudia Sheinbaum’s Thursday morning press conference, further boosting Sheinbaum’s vision for economic growth contained in her Plan México. In announcing …
Model Group to invest $3.6 billion in Mexico in three years
Grupo Modelo challenges global tariff uncertainty and promises an investment of more than $3.6 billion in Mexico over the next three years. The Mexican brewery business AB InBev has announced that these resources, to be implemented between 2025 and 2025, will be used for the modernization of plants, projects with local producers and recycling initiatives. “We are with Mexico as good friends, at good times and not so much. We are so convinced of …

Corona beer maker Modelo says to invest $3.6 bn in Mexico
Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 billion in Mexico despite trade tensions with the United States.
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