Mission Foods, a subsidiary of bakery firm Gruma, has announced plans to spend M$792 million ($46.3 million) over the next five years to build a new plant in Puebla and expand its existing Huejotzingo plant that makes tortilla, toast and fried food.
The company said the investment would meet increasing demand in Mexico’s Central, Bajio, and Southern regions. The plant will have capacity for 70,200 tonnes and create 440 direct jobs.
Commenting on the move, Mission Foods Mexico director Nader Badii Gonzalez said: “In 2016, Mission’s successful incursion into Puebla began and since then we have generated more than 500 jobs, of which 60% have been for women. Now with these new construction projects and expansion of our facilities, Mission Mexico reaffirms and strengthens its productive commitment with the state of Puebla”.
This marks Gruma’s second investment of 2024, with the company having earlier invested $87.3 million to build a new plant in Hunucma, Yucatan.
Source: Food Business News