date:Aug 16, 2022
ion in funding.
After the project was canceled, Constellation Brands announced it was building a new plant in Veracruz, in the South of Mexico. The parent company expects to invest US$5.5 billion in Mexico between 2023 and 2026.
Constellation Brands achieved double-digit net sales increases in its latest quarterly report, thanks to Modelo Especial's and Corona Extra's solid performance. Its beer shipments are up 17.3% in the year until the end of May compared to 2021, with net sales of beer up