Nestlé Mexico is to invest $154 million in a coffee factory in Veracruz, which will create 250 direct jobs and 2,500 indirect jobs, as well as 1,500 new roles during the construction stage.

The production factory will process 20,000 tonnes of green coffee per year, using processing equipment and green technologies to reduce water and energy consumption.

Nestlé made the announcement during a private meeting with Mexico’s President Andrés Manuel López Obrador and Nestlé México chief executive Fausto Costa.

Costa said: “We are very pleased to share joint objectives with President Andrés Manuel López Obrador and his team. We both believe in supporting young people, where Nestlé has been a pioneer in the country. We also both believe in the strengthening of the Mexican countryside and the importance of accelerating the growth of the Southeast region.

“This new investment in Veracruz confirms our commitment to Mexico and its people; the country’s economic stability and competitiveness have been fundamental factors to strengthen us as Nestlé’s fifth largest market worldwide.”

The facility includes the use of clean energies, treatment and recirculation of process water, recovery of 100 per cent of the coffee waste to produce energy and the use of 100 per cent renewable electrical energy.