MEXICO’S NORSON WELCOMES INTERNATIONAL INVESTMENT FOR EXPANSION PLAN
March 1st, 2013
MEXICAN pork processor Norson Holding has welcomed an investment of USD40 million from the International Finance Corporation (IFC) of the World Bank, which will help it expand production, while reducing its environmental footprint.A note from Norson, a joint venture between Smithfield Foods, the world's largest pork producer, and local investors, said the company was “proud to have been selected by an institution as prestigious worldwide as the IFC”.It said the money would to fund expansion within its north-west Mexican home state Sonora, which includes ...
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