MEXICO: Coca-Cola FEMSA begins Itabirito plant build
The plant will produce all of Coca-Cola FEMSA's brands
Coca-Cola FEMSA has broken ground on a US$146m bottling plant in Brazil.
The facility, to be built in the mining town of Itabirito, will be located on a 300,000 square-metre area of land and is expected to reach an annual capacity of 2.1bn litres by 2015, the Mexican soft drinks firm said today (7 December). Coca-Cola FEMSA first announced the build in July.
Around 800 direct and indirect jobs are expected to be created during the 18-month construction phase. The plant, which will produce all of Coca-Cola FEMSA's brands, is scheduled to be operational by June 2013.
Once completed, all production from the firm's Belo Horizonte facility will be transferred to the new plant. Belo Horizonte will then be converted into the company's largest distribution facility in the state of Minas Gerais, the company said.
Anheuser-Busch InBev has squeezed Heineken out of the Dominican Republic via its deal to gain control of the country's largest brewer, Ceverceria Nacional Dominicana (CND)....
Coca-Cola FEMSA has reported a strong start to 2012, with recent purchases contributing to double digit increase across the board....
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