# Ferrero invests $50M to expand Guanajuato plant

Ferrero de México announced a $50 million investment to expand its plant in San José Iturbide, Guanajuato, adding a new production line for Kinder Chocolate and Kinder Maxi and a 14,000 sqm warehouse, expected to start in the second half of 2023.

- Type: Expansion
- Announced: 2022-03-08
- Where: San José Iturbide, Guanajuato, Mexico
- Value: $50.0M
- Starts operating: Q3 2023
- Status: announced
- Products: Kinder Chocolate, Kinder Maxi
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Ferrero Group](https://endata.com/companies/12962.md)

## Sources

- [elempaque.com](https://www.elempaque.com/noticias/ferrero-heineken-y-smurfit-kappa-invierten-en-mexico), 2022-03-08: "Es un proyecto muy importante que nos permite robustecer nuestra operación en México y expandirnos también en otros mercados."

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