Mexico City, Mexico — President Claudia Sheinbaum says Nestlé has announced an investment of $1 billion USD as part of the Mexico Plan. According to Sheinbaum, the investment is planned over the next three years with the aim of increasing the company’s production.
Nestlé CEO in Mexico, Fausto Costa, said the investment is a sign of confidence in the government of the president of Mexico and the opportunities that exist in the country.
“It is Mexico’s moment and we are building the history of Mexico,” he said.
President Sheinbaum said “Steve Presley, executive vice president and CEO for the Americas (of Nestlé), came to visit us and gave us very good news for all of Mexico. They are going to make an investment of $1 billion dollars in the next three years to increase the production of different products they have in our country.”

Accompanied by Nestlé executives and the Secretary of Economy, Marcelo Ebrard Casaubon, the Head of the Federal Executive recalled that this company has been operating in Mexico for 94 years with plants in different areas of Mexico.
“Now they have made this great announcement. They have a new plant in Veracruz and now they are going to expand even further in the different plants they have in Mexico and I thank them very much,” he said.