Anheuser-Busch InBev lines up US$800m brewery in Mexico

Anheuser-Busch InBev's Mexican unit has announced plans to build an eighth brewery in the country.

Grupo Modelo said yesterday that construction of the US$800m facility, in Apan, Hidalgo, will begin at the start of next year. The initial capacity at the new Cerveceria Modelo del Centro will be 12m hectolitres, with the potential to expand to 24m.

"Through this investment, Grupo Modelo reiterates its commitment and long-term vision for Mexico," said Mauricio Leyva, president of AB InBev's Middle Americas Zone & CEO of Grupo Modelo. "It fills us with pride to say we will continue brewing all of Grupo Modelo's beers here in Mexico.

"We are very happy to invest and to grow in the state of Hidalgo."

Leyva said the need to expand responds to both domestic and export demand for Corona and "the entire Mexican portfolio".

The investment will generate around 3,000 jobs during the construction phase as well as "more than 1,200 direct permanent jobs during the operation phase", the company said.

The plant is expected to being operations during the first quarter of 2019.

Last week, AB InBev announced plans to build a $250m brewery in Nigeria.