# Constellation Brands nears completion of $13 billion Veracruz brewery in Mexico

Constellation Brands is near completing a $13 billion investment in a new brewery in Veracruz, Mexico, receiving most equipment in 2024, alongside capacity expansions at its Nava and Obregon breweries.

- Type: Investment
- Announced: 2023-07-01
- Where: Veracruz, Mexico
- Value: $13.0B
- Status: under construction
- Products: beer
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Constellation Brands](https://endata.com/companies/2308.md)

## Sources

- [packworld.com](https://www.packworld.com/industries/other-packaged-goods/consumer-packaged-goods/article/22916609/investment-announcements-in-mexico-poised-to-boost-packaging-machinery-demand), 2024-08-01: "Constellation Brands, a producer of wine, beer, and spirits, is near to completing a U.S. $13 billion investment in its new brewery in Veracruz."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.