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Monterrey, Mexico. - Gruma —the largest producer of corn flour and tortillas in the world—will build a new corn flour plant in Mexico, which will be located in Sinaloa, where almost US$20 million will be invested, Roberto Gonzalez Alcala, CEO for Mexico and Latin America for Grupo Maseca, informed.
Gruma announced a few weeks ago that this year they will start building a tortillas manufacturing plant in Florida, where they will invest US$26 million and is expected to start operating late in 2012.
Gruma is planning to invest US$200 million this year in all their subsidiaries throughout the world. The factory in Mexico will start operating in 2013 and will generate around 300 direct jobs.
"We already have a plant in Culiacan, but it has become insufficient… we want to make a bigger plant, with larger production capacity”, Mr. Gonzalez Alcala informed yesterday at an event in the School of Agriculture and Cattle Science of Nuevo Leon University, where an agreement was entered by Maseca, the University, Cerralvo Foundation for Education and Assistance and Gruma Foundation.