Mexico’s Modelo in joint venture with Cargill

MEXICO CITY, April 14 (BestGrowthStock) – Mexican beer brewer Grupo
Modelo said on Wednesday it entered a joint venture with
agribusiness and trading giant Cargill [CARG.UL] to supply barley
to a plant in the United States.

Modelo (GMODELOC.MX: ), the brewer of Corona beer, said the new
joint venture would be called Integrow Malt LLC and would occupy
a plant in Idaho Falls.

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(Reporting by Rob Campbell)

Mexico’s Modelo in joint venture with Cargill