BAT Moves To Mexico

The world’s second-largest tobacco manufacturer, British American Tobacco (BAT), Friday, opened its new plant in Mexico. The company has closed its operations in Ontario, Canada, and shifted production to the Mexican plant, creating around 500 jobs in Mexico as a result. BAT spent $100 million on the new plant in Monterrey, which was built in six months and will export up to 18 billion cigarettes a year north to the Canadian market, representing 40% of that country’s market sales.