Kraft Heinz Will Spend $3 Billion to Upgrade Manufacturing

The company’s president for North America says this will save money and potentially defray the impact of new tariffs on imports.
Kraft Heinz Will Spend $3 Billion to Upgrade Manufacturing
Bottles of ketchup for sale in Queens, New York, on Nov. 16, 2021. Andrew Kelly/Reuters
Austin Alonzo
Updated:
0:00

Kraft Heinz is planning to spend $3 billion to upgrade its domestic manufacturing, executives at the consumer products company said in a newly published interview.

Pedro Navio, The Kraft Heinz Company’s president of North America, told Reuters in an article published on May 14 that the company’s spending plan will lower its costs of operations and potentially defray the impact of new tariffs on imports into the United States.
Austin Alonzo
Austin Alonzo
Reporter
Austin Alonzo covers U.S. political and national news for The Epoch Times. He has covered local, business and agricultural news in Kansas City, Missouri, since 2012. He is a graduate of the University of Missouri. You can reach Austin via email at [email protected]
twitter