FMCG multinational Unilever has announced plans to build a new manufacturing facility in the state of Nuevo Leon, in North Mexico.
According to an article in Reuters, the new plant is part of a $400 million program of investments that Unilever intends to make in Mexico over the next three years.
Located on the outskirts of Monterrey, in Salinas Victoria, the facility will reportedly create 1,200 direct and indirect jobs and produce beauty and personal care products. The consumer goods giant currently operates four manufacturing plants in Mexico, which also export to international markets. The new facility is expected to start operating in 2024.
Reuters describes the plant as being part of a wider trend for “near-shoring”, whereby manufacturers are seeking to bring supply chains closer to the final market for their products.