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Mexican tortilla maker Gruma to build $89 million plant

Reuters
·1 min read

MEXICO CITY, Jan 15 (Reuters) - Mexican tortilla maker Gruma's subsidiary Mission Foods Mexico will spend 1.5 billion pesos ($89 million) over the next six to eight years to build a production plant in the coastal state of Yucatan, Gruma said on Monday.

The plant is expected to ship out 56,000 metric tons a year of product to the region as well as the southern U.S. and Caribbean countries such as the Dominican Republic, Gruma said in a statement.

The plant will create more than 800 jobs, Gruma added.

Gruma is one of the world's top producers of tortillas, corn flour and flatbreads. ($1 = 16.8722 Mexican pesos) (Reporting by Noe Torres; Writing by Kylie Madry; Editing by Lisa Shumaker)