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2mo ago

Grupo Bimbo to Invest About $1 Billion in U.S. Through 2028

The move signals confidence in a market that delivered 43.4% of Bimbo’s Q1 sales despite currency swings.

Greg Koehrsen, presidente de Bimbo Bakeries USA, afirmó que la inversión refleja la confianza de la empresa en la fortaleza de sus marcas en el mercado estadounidense y su compromiso con las familias de ese país. /Reuters/Canva

Overview

  • The company said in a filing to Mexico’s stock exchange it will deploy the funds from 2026 to 2028 for operations, new products, nutrition upgrades, and supplier programs built on regenerative agriculture.
  • Spending will maintain and modernize U.S. bakeries and distribution so factories run better and deliveries move faster.
  • New product work will focus on healthier choices, with leaders saying the plan will help bring more nutritious bread, baked goods, and snacks to millions of households.
  • Regenerative agriculture efforts will grow through supplier deals that restore soil and cut the environmental impact of key crops such as wheat.
  • North America made up 43.4% of Q1 net sales, and results showed a 3% drop from currency effects but 4.8% growth excluding FX, which executives said supports the long-term U.S. push.