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Market Chatter: Kraft Heinz to Invest $3 Billion in US Manufacturing Upgrades
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Market Chatter: Kraft Heinz to Invest $3 Billion in US Manufacturing Upgrades
May 26, 2025 7:37 AM

07:54 AM EDT, 05/14/2025 (MT Newswires) -- Kraft Heinz ( KHC ) is investing $3 billion to upgrade its US factories, Reuters reported Wednesday, citing an interview with Pedro Navio, the company's president of North America.

Cost reduction and plant efficiency resulting from the upgrades will likely offset tariffs enacted by US President Donald Trump, Navio reportedly said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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