The state government in Mexico is helping with infrastructure improvements in Nayarit, Canelos said.
Plain Jane expects to create about 1,000 new jobs in the next two years at Nayarit. The Sinaloa site employs more than 2,000.
Canelos manages Plain Jane with founding partner J. Fife Symington IV.
Plain Jane launched in 2007 after its breakaway as a supplier to Chiquita label.