Mexico: Mission Foods to further expand production capacity
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, […]
Mexico: Gruma to build new baked goods factory
Gruma, the Mexican bakery firm, has announced plans to spend M$1.5 billion ($87.3 million) over the next six to eight years to build a new plant in Hunucma, Yucatan for the manufacture of tortillas, tostadas and packaged snacks. Reportedly intended to address escalating demand in the southeastern region of Mexico, the US and the Caribbean, the plant […]
Malaysia: Gruma inaugurates new plant
Gruma, a Mexican manufacturer of corn flour, tortilla, flatbread and pizza base products, has opened a new plant in Kuala Lumpur, Malaysia. According to Gruma’s president and CEO Juan Moreno, the investment of $55 million represents a “solid step” towards “consolidating our global presence and strengthening our position as the world leader in the production […]
Mexico: Gruma plans to expand to Europe and Asia
Gruma, the world’s leading supplier of corn flour and corn flour derivatives, has announced investments in acquisitions and in the construction of new production facilities as it seeks to expand its business. The Mexican company is investing between $150 and $170 million as part of its expansion plans. This includes the takeover of the Spanish […]