Constellation Brands said this week it will now build a new brewery in Veracruz, Mexico after a dispute over water access prompted it to halt construction last year of its largely completed brewery in the arid, northern border city of Mexicali.
Residents of Mexicali said the brewery, which had cost hundreds of millions of dollars, threatened their water supply and rejected it in a referendum promoted by President Andres Manuel Lopez Obrador.
Constellation said it would now invest $5.0 billion to $5.5 billion in fiscal 2023 to 2026 on the Veracruz brewery and two other plants already in operation in Mexico.
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