Unilever to invest in Mexico

- Last updated on GMT

Related tags: Investment, Unilever

Anglo-Dutch consumer products giant Unilever has confirmed that it
is to invest $230 million (€239m) in its Mexico operations this
year, a proportion of which will be spent to upgrade and increase
production capacity.

Anglo-Dutch consumer products giant Unilever has confirmed that it is to invest $230 million (€239m) in its Mexico operations this year, a proportion of which will be spent to upgrade and increase production capacity.

Company president Niall FitzGerald said in a news release: "Unilever will target in Mexico $30 million in direct investment and $200 million to boost its brands this year.

"We hope that our activity grows by double digits each year in the next five years,"​ he added. "Our aim is to establish a long-term commitment with Mexico."

Currently Unilever has five plants and 5,000 employees in Mexico. Its main food products include a range of condiments and ice cream.

Last year the firm saw worldwide sales exceed $46 billion.

Related topics: Processing & Packaging

Related news

Follow us

Products

View more

Webinars