Please try another search
MEXICO CITY (Reuters) - British beverage company Diageo (LON:DGE) said on Thursday it will invest $500 million to increase its tequila production capacity in Mexico and help it meet local and international demand for the alcoholic beverage.
The president of Diageo for Latin America and the Caribbean, Alvaro Cardenas, said the company will begin to build the company's third local manufacturing in the La Barca municipality of the western state of Jalisco.
"We're going to have an investment of more than $500 million dollars to expand our operations here," said Cardenas at an event in Jalisco.
"It is the most significant investment we have made in Latin America and the Caribbean in the last 10 years," he added.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.