Processed Food News

Grupo Pinsa invests US$ 30 million to process sardine in Sonora
Mexican firm Grupo Pinsa, owner of Dolores canned tuna brand, will invest US$ 30 million in a new canning and freezing plant at the port of Guaymas, Sonora, on its first bet to enter the sardine market. The plant will have a production of 750,000 boxes a year to eventually reach 3 million and a fre...
More than 160 countries use products made in Mexico
Products made in Mexico are used in over 160 countries. Among these products are honey, pork meat, beef, poultry, pasteurized egg, described Enrique Sanchez Cruz, Chief Director of the National Service of Health, Safety and Agri-food Quality (SENASICA). Sanchez Cruz said that all of the national foo...
Agri-food exports to Japan grew 5.9%
Agri-food exports to Japan recorded growth rates of 5.99% during the third trimester of 2016, indicated the Mexican Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (SAGARPA). This percentage represents US$778 million. In addition, there was a US$769.7 million surplus balanc...
Tequila Cuervo raises US$ 900 million in public offering
Tequila maker Jose Cuervo raised more than US$ 900 million during an initial public offering (IPO), Reuters reported citing company officials. The goal was to raise more than US$ 700 million. Scheduled for last year, the company put the IPO on hold twice, as Donald Trump victory sent the peso curre...
Jugos Del Valle-Santa Clara builds US$ 100 million dairy plant in Jalisco
Jugos Del Valle-Santa Clara will invest US$100 million to build a plant in Lagos de Moreno, Jalisco. The company will produce milk, primarily, as well as its sub-products and nectar. Aristoteles Sandoval Diaz, Governor of Jalisco, detailed that the plant will provide 700 direct jobs and 3,000 indi...