Processed Food News

Mexico to open commercial offices in Dubai and Russia in 2017
Mexico is looking to replicate the success of its avocado at the Super Bowl by selling thousands of tons for the 2018 Russia Soccer World Cup. The Ministry of Agriculture, Jose Calzada, said that Mexico will open commercial representation offices in Dubai and Russia during the first trimester of 201...
Ferrero increasing its Mexico production by 50%
Grupo Ferrero, the Italian multinational confectionery firm, wants to increase by 50% its production in Mexico over the next five years, thanks to the Research and Development center inaugurated by the company last October in San Jose Iturbide, Guanajuato. The company produces nearly 30,000 tons of ...
Saltillo looking to attract US$75 million investment
Atlantis Industrial Park in Saltillo, Coahuila, is competing with San Luis Potosi and Puebla, for an investment in the food industry sector, valued at US$75 million and the creation of 2,000 jobs. The businessman Gerardo Rodriguez informed that it is an international food-health firm which has alrea...
Gruma invests US$ 49 million in Puebla to build production facility
Mexican group Gruma announced plans to invest US$ 49 million in a production facility aimed for its domestic market that will produce more than 50,000 tonnes of tortillas and tostadas annually.  Located in Huejotzingo, a municipality located just north-west of the city of Puebla, Gruma's third tor...
Constellation Brands shares fall on election aftermath
Shares of Constellation Brands, parent company of Mexican import beers like Corona and Modelo, plummeted Wednesday after Donald Trump's surprising victory. At the end of trading day, Constellation stock was down 7.6 percent to US$ 153.91 per share. Constellation's stable of Mexican beers, which is ...