Processed Food News

Nestlé opens US$ 245 million plant in Jalisco; will triple infant formula output
Nestlé will triple production of infant formula with the opening of its new factory in Jalisco, Mexico. At a cost of US$ 245 million, the new factory becomes Nestlé’s biggest investment in infant nutrition worldwide in the last 10 years. The plant will create 250 direct and 1,250 indirect job...
Altesa, largest ice cream cone producer in Mexico, has a new owner
BoDeans Baking Group, owner of Altesa, the largest ice cream cone producer in Mexico, has been acquired by Joy Cone Co., a nearly 100-year-old ice cream cone maker. Financial terms of the transaction were not disclosed. Altesa operates a facility near Mexico City and is “well positioned for gro...
Agro-industrial park in Queretaro enters second phase expansion
Agropark agro-industrial Park expanded its presence in Colon, Queretaro, with a 178% increase of land availability and 122% increase in its production capacity. The association is adding 528 more surface hectares, a figure far larger than the 295 hectares from its initial phase, built in 2006. Th...
FEMSA acquires Brazilian bottler Vonpar for US$ 1.02 billion
Coca-Cola Company is furthering its reach in Brazil through an acquisition via a business unit based in Mexico. Coca-Cola FEMSA S.A.B de C.V. (KOF), 28.1% owned by The Coca-Cola Company, is a Mexican multinational beverage company headquartered in Mexico City. It distributes approximately 10% of ...
Pet food manufacturer Neovia builds two new plants in Mexico
The French firm Neovia, food manufacturer of for fish, bees, cattle and pets, announced investment plans for Mexico valued at US$28.6 million to build two production plants in the States of Mexico and Veracruz. The President of Neovia, Jorge Martinez, told to El Economista that with these new inv...