08 May 2019, Radoslav Yordanov, EMIS Editor
Pepsi to invest $4bn in Mexico in 2019-2020
Some USD 109mn of the total amount will go toward a new plant in the Mexican state of Guanajuato, which should be operating at full capacity by 2025, Pepsi announced. This will be the company's first new plant in the country since 1999.
With this investment, PepsiCO reinforces its commitment with Mexico which is the company's largest operation in Latin America and the second worldwide.
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