Nestlé has announced a US$154 million investment in a new coffee factory in Veracruz, Mexico.
The company claimed that, in its first phase the factory will employ 250 people directly and generate a further 2,500 indirect jobs. It has the potential to provide 1,200 direct jobs and 12,000 indirect jobs at the end of its expansion, including support for the training of young people.
The factory will process around 20,000 tonnes of locally-sourced green coffee a year and will be a ‘green’ facility with the ability to treat and reuse of water, use coffee waste to produce energy, and will use of 100 per cent renewable electricity.
Nestlé already has a strong coffee presence in Mexico, which includes an existing coffee plant and sourcing of 68,500 tonnes of green coffee in the country. With the new site, Nestlé will have 18 production facilities in Mexico.
Nestlé said it has identified coffee as a strong growth driver. Its coffee business has seen positive organic growth over the past years. The company is making further investments to lead in the coffee business, creating value for its brands and making a difference for consumers.