Corona Extra Beer Producer Halts Brewing Over Virus
The Mexican brewer of Corona beer said Thursday it was suspending production because of the health emergency in the country over the COVID-19 pandemic.
Grupo Modelo — whose brands also include Pacifico and Modelo — said the measure was in line with the Mexican government’s order to suspend all non-essential activities until April 30 to slow the spread of coronavirus.
“We are in the process of lowering production at our plants to the bare minimum,” the company said in a statement, adding it would complete the suspension in the following days.
Mexico’s government has said that only key sectors such as agribusiness will be able to continue to function.
Grupo Modelo said it was ready to operate with 75 percent of its staff working remotely to guarantee the supply of beer, if the government agreed.
Mexico’s other major beer producer Heineken — which makes the Tecate and Dos Equis brands — could also stop activities on Friday, the Reforma newspaper said, although the company did not confirm the report.
On Wednesday, the northern state of Nuevo Leon, where Heineken’s Mexican operations are based, said it would stop the production and distribution of beer, which led to panic buying.
Since the start of the virus crisis, Corona beer has been the punchline of jokes and memes, and an online rumour said sales in the US dropped by around 40 percent after the outbreak.
However, in late February, Constellation Brands, which owns the Corona label, denied the rumour and said sales had stayed strong in the US even as the virus has spread internationally.
Mexico has so far registered over 1,500 confirmed cases of coronavirus and 50 deaths.
Discover more from NEWS CORNER
Subscribe to get the latest posts sent to your email.
About author
You might also like
China Slashes Rate, Injects $7 bn into Market to Counter Covid-19
Share on WhatsApp China’s central bank on Monday cut an interest rate on loans to banks by the largest margin in five years and injected 50 billion yuan ($7 billion)
TSTv launches Service, gets 3 Years Tax Relief from FG.
Share on WhatsApp The Federal Government has granted a 3-year tax relief to the newly inaugurated Pay TV operator in the country, TStv Africa, as well as tax-freeTSTV dividends to
Invest Cheaper At EUC Homes Atlantic Courtyard Waterfront Todayย
Share on WhatsApp Atlantic CourtYard is a masterpiece of design and craftsmanship, not only does this piece of real estate comes with a pocket- friendly price that gives real value
Lagos State Seeks Understanding on Re-opening Lekki-Ikoyi Tollgate
Share on WhatsApp Lagos State Commissioner for Information and Strategy, Mr. Gbenga Omotoso, has pleaded with motorists to show some understanding over the planned re-opening of Lekki Ikoyi Toll Gate.
Oil prices soar more than 10% after Saudi plant attacks
Share on WhatsApp Oil prices surged more than 10 percent Monday after attacks on two Saudi Arabian plants that slashed output in the world’s top producer by half, with Donald
A Spotlight On The Federal Polytechnic Nekede Micro-Finance Bank
Share on WhatsApp When he assumed office as 8th substantive Rector, Engr. Dr. M.C. Arimanwa, promised to enthrone excellence in service delivery in all sectors of the institution. Markedly, the







0 Comments
No Comments Yet!
You can be first to comment this post!