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Nestle to invest $1 billion in Mexico over three years, president says

Published by Global Banking and Finance Review

Posted on January 29, 2025

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MEXICO CITY (Reuters) - Packaged food company Nestle will invest $1 billion in Mexico over the next three years to boost production of various products, Mexican President Claudia Sheinbaum said on Tuesday.

Sheinbaum made the announcement in a video on social media alongside Nestle executives.

(Reporting by Brendan O'Boyle; Editing by Aida Pelaez-Fernandez)

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