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Nestle Opens $220 Million Pet Food Factory in Mexico


December 23, 2015

Swiss multinational food and beverage company Nestle has completed a new $220 million pet food factory in the Mexican state of Guanajuato.

The plant, located in the city of Silao, is part of the brand’s $1.03 billion four-year investment program for Mexico that was unveiled last year at the World Economic Forum.

During the plant’s inauguration, President Enrique Peña Nieto thanked the company for its confidence and said the country is a reliable investment destination.

Laurent Freixe, an executive vice president of Nestle S.A., said that the factory would generate 750 million pesos ($43.9 million) annually.

 

 

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