Nestlé Mexico invests US$154M in coffee factory in Veracruz
Nestlé has announced it is investing US$154 million in a new coffee factory in Veracruz, Mexico.
The new facility will implement state-of-the-art technologies to process 20,000 tons of green coffee per year. The site will use 100% renewable electrical energy and also treat and recirculate process water, recovering 100% of the coffee waste to produce energy.
Fausto Costa, CEO of Nestlé Mexico said: “We are very pleased to share joint objectives with Mexico’s President, Andrés Manuel López Obrador and his team. We both believe in supporting young people, where Nestlé has been a pioneer in the country. We also both believe in the strengthening of the Mexican countryside and the importance of accelerating the growth of the Southeast region.
“This new investment in Veracruz confirms our commitment to Mexico and its people; the country’s economic stability and competitiveness have been fundamental factors to strengthen us as Nestlé’s fifth largest market worldwide.
In the first phase, the center will generate 250 direct jobs and 2,500 indirect jobs with the potential to reach 1,200 direct jobs and 12,000 indirect jobs at the end of the three stages of its expansion, including the support for the training of young people through a dual training model.