Mexico City, Mexico — Brewery company Heineken says they are investing $2.7 billion USD for a new plant. The plant will be built in Kanasin, Yucatan and become the company’s eighth in the country.
“We have a clear vision, we trust in Mexico, its people and everything we can build together,” said Heineken Mexico CEO Oriol Bonaclocha.
Bonaclocha made the announcement Wednesday during the Presidential morning press conference with Claudia Sheinbaum and the Secretary of Economy, Marcelo Ebrard Casaubon.
During the announcement, he said Heineken will invest the $2.75 billion USD from 2025 to 2028 for the construction of a brewery in Kanasin, Yucatan.
Mexican President Claudia Sheinbaum Pardo emphasized that there is confidence in the country, which translates into continued investment and the strength of the Mexican peso against the dollar. “Investment in Mexico continues, confidence remains. Not for nothing, but today the peso is below 19: 18.98 (pesos to the dollar),” she commented.
Economy Secretary Marcelo Ebrard Casaubon stated that Heineken’s investment is part of the Plan Mexico Investment Portfolio. Heineken will establish operations in Yucatan due to its water availability as part of a relocation strategy in which companies will locate where resources are located.
Heineken Mexico CEO Oriol Bonaclocha explained that the investment in Kanasin is driven by growth, innovation and sustainability that will generate thousands of jobs during construction and 300 permanent jobs afterward.
He said Heineken has a 135-year history in Mexico with 18,000 current employees seven plants and more than 179 distribution centers. Their 21 brands of beer are sold in more than 17,000 Six convenience stores across the country.
Yucatan Governor Joaquín Díaz Mena emphasized that Heineken’s investment is a clear sign of confidence in the country, which will boost the state’s economy by generating a supply ecosystem to ensure synergy between the investment made and the growth of local businesses.
