Expansion Investment: SPI Pharmaceuticals said Wednesday that...

Expansion Investment: SPI Pharmaceuticals said Wednesday that it is investing $5 million in its factories in Mexico City to update machinery and technologies. The Costa Mesa-based company, which employs about 800 people in Mexico, said the investment is intended to support long-term expansion in Latin America. SPI’s Mexico operations manufacture, market and distribute prescription products. The company said its sales in Mexico topped $45 million last year.