Grupo Modelo is building a new glass bottle plant in Mexico. The plant, in the municipality of Tierra Blanca in the Gulf state of Veracruz, will cost MXN75m (US$6.6m).

In a press release issued yesterday, state economic development minister Evererdo Sousa said the factory should be in operation early next year.

The plant is being built by Direccion de Fabricas, in which Modelo holds a 41% stake. Direccion de Fabricas is Modelo's biggest supplier of glass bottles.

The new factory should create 1,250 jobs and produce 1.3m bottles a day.