The 5th largest food processor, Kraft Heinz, is pouring $3 billion into its U.S. factories.
The move follows President Trump’s sweeping April tariffs on imports.
And the upgrades done to these factories will help them lower the cost on their goods.
Curious how those “evil tariffs” keep benefiting us, eh?
CEO Pedro Navio says the upgrades will also speed new products, and boost consumer confidence.
With 30 plants making ketchup and mac and cheese, this efficiency upgrade will go a long way.
Exclusive: Ketchup maker Kraft Heinz investing $3 billion upgrading US manufacturing https://t.co/oqgt7DKud3 https://t.co/oqgt7DKud3
— Reuters (@Reuters) May 14, 2025
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American legacy brand Kraft Heinz (KHC.O) is pouring $3 billion into improving its U.S.
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