Nestlé to Invest $1B in Mexico
Nestlé, the packaged food company, announced a $1 billion investment in Mexico over the next three years. The investment will focus on boosting production capacity for various products.
Mexican President Claudia Sheinbaum made the announcement on Tuesday alongside Nestle executives in a video posted on social media.
This investment is expected to have a significant impact on the Mexican economy and create new jobs. It also reflects Nestlé's commitment to the Mexican market and its long-term growth potential.