Givaudan invests more than US$178 million in Queretaro

The Swiss company Givaudan announced an investment of over US$178 million in Queretaro with the inauguration of “Project Sol V” and the launch of “Project Frida,” thereby consolidating its industrial expansion strategy in Mexico and strengthening the country’s production capacity within the chemical and fragrance sector.

Project Sol V—located in Pedro Escobedo—represented an investment of US$66 million, considered the most significant in the history of the Fragrance Ingredients site.

Additionally, the company laid the cornerstone for Project Frida, a state-of-the-art fragrance manufacturing plant that will involve an investment of US$112 million.

This new plant will generate 120 direct specialized jobs and nearly 200 indirect jobs, which will strengthen the chemical sector’s value chain in Mexico and expand customer service capacity in the country and northern Latin America.

Givaudan has maintained a strong presence in Mexico for over seven decades, with operations in locations such as Mexico City, Morelos, Puebla, and Queretaro, where it employs nearly 1,000 people.

Givaudan’s expansion in Queretaro reflects Mexico’s strategic role in global value chains, attracting high-tech investment and strengthening industrial sectors with a focus on innovation and sustainable development.