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Mexico City.- The tobacco company Philip Morris International (PMM) will close one of their two plants in Mexico, as part of a costs reduction process underway in Latin America.
Phillip Morris, the biggest cigarettes producer in the world, is planning to save US$20 million per year with the rationalization of its factories at some of its main markets in Latin America, including Mexico, where they will stop operations at their plant located in Mexico City, a process that will be gradual and is expected to be completed by the first quarter of 2013.
Philip Morris is planning to concentrate production in Guadalajara, where production lines will be transferred from Mexico City, in order to adapt to conditions currently prevailing in the industry. However, their labor force will be affected.
Phillip Morris, manufacturer of Marlboro, has around 2,600 employees in Mexico, distributed in both plants (Mexico City and Guadalajara), their headquarters in Mexico City and 19 distribution centers spread throughout Mexico.