Residents in the border city of Mexicali voted against the completion of a $1.4 billion brewery owned by Constellation Brands Inc. on grounds that its intensive water consumption was detrimental for the community, a move that risks undermining foreign investment in Mexico as the country faces a deep economic contraction. The administration of nationalist President Andrés Manuel López Obradororganized the public consultation on Saturday and Sunday. Farmers had complained that Constellation’s water-intensive plant threatened...

Source: Wall Street Journal March 23, 2020 14:44 UTC