Headlines
Unilever to invest $1.5 billion in Mexico, including new factory
Published by Global Banking & Finance Review®
Posted on May 2, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 2, 2025
1 min readLast updated: January 24, 2026
Unilever will invest $1.5 billion in Mexico by 2028, including a new factory in Nuevo Leon, creating 1,200 jobs. This supports Mexico's push for increased foreign investment.
By Ana Isabel Martinez
MEXICO CITY (Reuters) -Consumer goods company Unilever said on Friday that it will invest $30 billion pesos ($1.5 billion) in Mexico between 2025 and 2028 to increase its production capacity.
The investment, which was announced at Mexican President Claudia Sheinbaum's daily morning press conference, will generate 1,200 new jobs, according to a company executive.
It includes 8 billion pesos ($407.4 million) for a new factory in the northern Mexican state of Nuevo Leon, which will specialize in beauty products and personal care.
Unilever's announcement comes as Sheinbaum is making a major push for her "Plan Mexico" initiative to increase investment in Mexico by domestic and foreign companies.
Walmart's Mexico unit and Netflix have also announced major investments in Mexico in recent months.
($1 = 19.6350 Mexican pesos)
(Reporting by Ana Isabel Martinez and Emily Green; Editing by Stephen Eisenhammer and Sarah Morland)
The main topic is Unilever's $1.5 billion investment in Mexico, including the construction of a new factory in Nuevo Leon.
Unilever is investing to increase production capacity and support Mexico's initiative to attract foreign investment.
The investment will create 1,200 jobs and enhance Unilever's production capabilities in Mexico.
Explore more articles in the Headlines category
