Business · Companies · 1 hr ago
Grupo Rifel opens second plant in Querétaro with $100 million investment plan
Grupo Rifel opened its second plant in Querétaro, in the municipality of Colón, Mexico.
The Venezuelan-origin company makes industrial bakery and pastry products and first set up in Querétaro in 2016.
It plans to invest $100 million by 2030 as it expands the new facility.
The company expects to triple its production capacity with the expansion.
It has 800 employees now and expects to increase its workforce to 1,500.
The new plant is intended to help the company reach more customers in Mexico and pursue exports to the United States and Central America.
Querétaro received $109.8 million in foreign investment in its food industry during the first half of the year, equal to 24.1% of the state’s total foreign investment.
Grupo Rifel inaugurated its second plant in Querétaro, in the municipality of Colón.
The company plans to invest $100 million by 2030 to expand production and employment.
It expects to triple production capacity and grow its workforce from 800 to about 1,500 employees.
The plant’s automated and robotic systems are designed to support faster format changes and larger-scale production.
The company aims to strengthen its presence in Mexico and pursue export opportunities in the United States and Central America.
- Who
- Grupo Rifel, a Venezuelan-origin industrial bakery and pastry company.
- What
- It inaugurated its second plant in Querétaro and plans to invest $100 million by 2030.
- When
- The plant was inaugurated in October 2026.
- Where
- Colón municipality, Querétaro, Mexico.
- Why
- The company aims to expand production capacity and employment, strengthen its Mexican market presence, and pursue export opportunities.
This story does not have two clearly opposing sides.
Grupo Rifel established its first production plant in Querétaro as it entered the Mexican market.
The company inaugurated its second Querétaro plant.
Grupo Rifel plans to invest $100 million in the project.
- Investment plan
- $100 million by 2030
- Production capacity
- Expected to triple
- Workforce
- 800 employees currently; expected to reach about 1,500
- Plant location
- Colón, Querétaro, Mexico
- Export markets
- United States and Central America