Mexico City, April 24, 2025 (AFP) - Corona beer maker Modelo says to invest $3.6 bn in Mexico

NAMPA / AFP

2025-04-24

Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 billion in Mexico despite trade tensions with the United States. "We stand with Mexico like good friends, in the good times and the bad," Raul Escalante, vice president of the brewer owned by Belgian-Brazilian giant AB InBev, said at President Claudia Sheinbaum's morning news conference. He said the investment would be used to mod......

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