Nestle to invest US$390m in Mexico coffee plant (Business Times (Malaysia))
MEXICO CITY: Nestle, the world's biggest food group, said on Saturday it will invest 5 billion pesos or US$390 million (US$1 = RM3.41) in Mexico over the next three years to increase coffee processing capacity, part of a US$1 billion expansion plan. "The majority of these 5 billion pesos will be invested in the Nescafe instant coffee processing plant," Nestle said in a statement, adding that the ...
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Nestle to invest US$390m in Mexico coffee plant (Business Times (Malaysia))