Ferrero to Build $190 Million Plant in Mexico
February 27
11:22
2012
Ferrero Group is to invest $190 million (Eur140 million) in building a new plant in the State of Guanajuato in Mexico. The new production plant will manufacture the new Kinder and Nutella products, for the local market and for export to North America (USA and Canada). The plant is due to commence production from May 2013. When at full rate, it will employ 500 persons besides the 600 already working for Ferrero de Mexico. The Italian confectionery group operates fifteen production plants worldwide.