Unilever invests $407 million in Nuevo Leon factory, creating 1,200 jobs

Unilever has announced a significant investment plan totaling 30 billion pesos ($1.5 billion) in Mexico between 2025 and 2028 to expand its production capacity, including the construction of a new factory in Nuevo Leon dedicated to beauty and personal care products. This investment, unveiled alongside Mexican President Claudia Sheinbaum, is expected to create 1,200 new jobs and reflects growing international confidence in Mexico's economic future. The Nuevo Leon facility alone will account for 8 billion pesos ($407.44 million) of the total and aims to meet rising demand for personal care products in the region. Unilever's move is part of a broader trend of major global companies, such as Walmart and Netflix, pledging significant investments in Mexico. The announcement coincides with Sheinbaum's 'Plan Mexico' initiative, which seeks to attract both domestic and foreign investment to boost the country's economy. The investment also comes amid ongoing trade tensions with the United States, though Mexican officials emphasize continued cooperation and positive outlook for trade relations.