Femsa To Invest $750 Million

Mexican brewer Femsa says it plans to invest $750 million in its operations, with the lion’s share – $350 million – going to expanding production at its Coca-cola bottling plant. Of the balance, $250 million will be invested into its beer manufacturing, in particular into loss-making Brazilian brewer Kaiser that Femsa bought earlier this year from Molson Coors of the US.