Planes, Trains and Beers: Mexican Referendums Give Voters Last Call

MEXICO CITY—The fate of a $1.4 billion brewery under construction in northern Mexico by Constellation Brands Inc. will be determined by voters in the border city of Mexicali this weekend, sparking investor concern about rising legal uncertainty under President Andrés Manuel López Obrador.

Companies are closely following the referendum on the plant, which will provide 750 jobs and is crucial to the expansion of Constellation, the third-largest U.S. beer producer and brewer of Mexico’s Corona and Modelo brands for U.S. consumers.

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