US-based alcoholic beverage maker Constellation Brands is planning to expand its brewery and glass bottle production plant in Nava, Coahuila, Mexico, with an investment of approximately $2bn.
The expansion will involve increasing brewery's production capacity from 10 million hectoliters to 25 million by the end of 2017 as well as expanding the glass plant from one to four furnaces.
The company said that the project is expected to create approximately 2,500 jobs at the brewery, glass plant and Mexico City office locations.
Constellation Brands president and CEO Rob Sands said: "Our commitment and investments in our Mexican beer portfolio have resulted in record-breaking growth and accelerating U.S. consumer demand that is far ahead of market trends.
"We are thrilled about the investments we are making in Mexico because we believe Mexican high-end beer will continue to grow and be a leading beer segment in the U.S. for years to come."
Constellation Brands is an international producer and marketer of beer, wine and spirits and has operations in the US, Canada, Mexico, New Zealand and Italy.
The premium spirits brands of the company include Svedka Vodka and Black Velvet Canadian Whisky while beer brands include Corona Extra, Corona Light, Modelo Especial, Negra Modelo, Pacifico and Victoria.
