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Cargill to expand in Mexico
Cargill plans to expand its business in Mexico. A company official says that in coming years, Cargill plans $170 million in direct investment, providing more than $1 billion in credit to local farmers and purchasing $4-and-a-half billion in Mexican crops.
At the reinauguration of a feed plant in Mexico’s western state of Jalisco, Cargill CEO David MacLennan said that Mexico can play a bigger role in feeding the world.
This is Cargill’s 50th year in Mexico.
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