Grupo La Moderna inaugurates US$ 50 million plant in Texas; its first in the US
Toluca-based Grupo La Moderna, one Mexico’s top producer of produces pastas, cookies, and flours, inaugurated in Texas its first U.S. production facility. The new US$ 50 million plant is located in the Cleburne community, 30 miles South of Fort Worth.
The 150,000 square-foot production, manufacturing, and distribution facility is one of the most technologically advanced factories in the U.S., capable of producing nearly 4,000 tons of pasta per month.
The plant will create 100 direct and 300 indirect new jobs for the City of Cleburne and Johnson County, said in a statement Interamerican Foods Corporation, the subsidiary of Grupo La Moderna in charge of U.S. operations.
“Today’s grand opening represents more than an economic investment, it is an investment in the Texas-Mexico relationship,” said Texas Governor Gregg Abbott at the opening ceremony, which was also attended by Luis Videgaray, Mexico’s Secretary of Foreign Affairs.
“It is because of investments like this that the Texas economy continues to be the envy of the nation for economic growth and job creation. I thank Interamerican Foods Corporation and La Moderna for their investment, and I look forward to continuing to strengthen this partnership,” Abbott added.
Founded in the 1920s, La Moderna quickly expanded into the largest pasta producer in Mexico. In 2017, the company posted US$ 520 million in total sales and sold more than 570 million pounds of pasta products, with 20% of sales coming from the U.S. market.