Constellation Brands announces US$ 160 million expansion at Sonora brewery
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Constellation Brands, the third-largest beer distributor in the United States, will invest US$ 160 million to expand its plant in Obregon, Sonora, which supplies the U.S. market.
The expansion will allow it to increase its production capacity from 2.5 to 3.5 million hectoliters a year, the company said in a statement.
"This increase is due to the growth potential of the US premium beer market, which is forecast to remain positive," cites Constellation in the document.
Constellation Brands, which distributes the five Grupo Modelo brands exclusively in the United States since 2013, acquired last year the Obregon plant from Modelo for US$ 600 million, in order to obtain capacity of production and not to depend on the Mexican company's supply the beverages.
The expansion of the plant, which produces Corona, Pacífico and Modelo Especial brands, will also represent the generation of 300 direct jobs during the construction phase.