Tim Hortons Plans 1.1 Billion Peso Expansion in Mexico State, Creating More Than 1,600 Jobs

Tim Hortons Estado de México investment: The government of the State of Mexico announced a 1.1 billion peso investment from the international coffee shop chain Tim Hortons. The expansion plan calls for reaching 80 locations in the state by 2028 and generating more than 1,600 jobs. The announcement was made during the opening of the chain's 32nd location in Ocoyoacac.

Tim Hortons Estado de México investment, Digi Mart USA News (Ocoyoacac, Estado de México): The government of the State of Mexico announced a 1.1 billion peso investment from the international coffee shop chain Tim Hortons. The expansion plan calls for reaching 80 locations in the state by 2028 and generating more than 1,600 jobs.

The announcement was made during the opening of the chain’s 32nd location in Ocoyoacac. State Secretary of Economic Development Laura González Hernández said the State of Mexico is the national leader in food and beverage preparation services, and that new establishments contribute to the growth of the sector.

González Hernández said companies choose the state to establish and expand their operations because of its economic dynamism and the large consumer market it represents in the center of the country. She stated that the government will continue to support this type of investment announcement.

Tim Hortons began operations in the State of Mexico in 2023. To date, it has made an investment of 440 million pesos and generated more than 450 jobs.

The chain expects to close 2026 with a total of 40 locations in the state.

Felix Reeves

Felix Reeves is the Digital Motoring Editor at USA News after joining in July 2023. He previously worked as a Motoring News Reporter at the Express.

If you have a story you want to share, email felix.reeves@icifmede.com or motoring@icifmede.com

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