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Italy’s Ferrero Chocolates Invest $200 M in Mexican Manufacturing Plant

Italian chocolate and sweets manufacturer Ferrero SpA will invest $200 million in its first plant in Mexico, the Economy Secretariat said. The Italian firm, which has distributed its products in Mexico since 1992, held a groundbreaking ceremony Thursday at the construction site in the central state of Guanajuato, the secretariat said in a statement here. continue reading »