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Nestle Invests $130 Million in Factory Expansion in Mexico

Mexican President Enrique Peña Nieto inaugurated a 1.6-billion-peso ($130-million) expansion of a Nestle instant coffee factory in the central city of Toluca. The project has boosted the plant's productive capacity by 30 percent, making it the world's biggest facility of its kind, Nestle Mexico CEO Marcelo Melchior said during Friday's ceremony. continue reading »