/ / / Heineken To Build $480 Million Brewery In Mexico

Heineken To Build $480 Million Brewery In Mexico

3/10/2015 04:51:00 AM ,

imageFrom Reuters:

(Reuters) - Dutch brewer Heineken said on Tuesday it will invest 7.5 billion Mexican pesos ($480 million) to build a brewery in Mexico to supply U.S. and Mexican markets. 

The brewery in the northern state of Chihuahua will produce five million hectoliters (132 million U.S. gallons) of beer per year, said Marc Busain, managing director of Heineken's Mexico unit Cuauhtemoc Moctezuma, but that could be expanded.

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