Switzerland-based food and beverage conglomerate Nestlé has invested $340m (SFr326.94m) to open a new coffee factory in Veracruz, eastern Mexico. The new facility will create 1,200 jobs and produce 670,000 bags of coffee annually. It will manufacture instant coffee for the company’s Nescafé coffee brand and export most of its produce to the US.

The opening of the facility follows the launch by Nestlé of a series of sustainability commitments for its Nescafé brand in 2021, including goals to achieve 100% responsibly sourced coffee by 2025 and 100% recyclable or reusable packaging by 2025.

Fausto Costa, executive president of Nestlé Mexico, commented on the investment: “The coffee factory is one of the most technologically advanced in the world and our company’s most modern and sustainable coffee plant. At Nestlé, sustainability is a fundamental pillar of our purpose, and we are committed to taking actions that have a positive impact on our planet.”

Nestlé has made several high-profile investment announcements in 2021, including plans to spend $675m on a new beverage plant in Glendale, Arizona, US. It will create 350 new jobs and support growing demands for the company’s Coffee Mate, Coffee Mate Natural Bliss and Starbucks brands.

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By GlobalData