Constellation Brands, the maker of Modelo, warns that while new tariffs on imported beer cans will raise costs, it is President Trump’s immigration crackdown that is already driving down sales ...

Grupo Modelo plans to invest US $3.6 billion in Mexico to renovate its plants, fund recycling initiatives and finance local ...

Corona beer imported from Mexico is seen at a store in the US state of Texas - Copyright AFP/File RODGER BOSCH Corona beer imported from Mexico is seen at a store in ...

Modelo Especial and Corona seller Constellation Brands Inc. said concern among Hispanic consumers over inflation, immigration and job security is weighing on demand for beer. More than half of ...

President Donald Trump’s policies on tariffs and immigration have drawn the ire of Constellation Brands, a company best known for Mexican beer brands such as Modelo Especial and Corona.

Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 billion in Mexico despite trade tensions with the United States. "We stand ...