Kraft Heinz investing $3 billion in US manufacturing to improve efficiency and launch new products

From Yahoo Finance: 2025-05-14 07:32:00

Kraft Heinz is investing $3 billion to upgrade U.S. factories to improve efficiency and offset Trump’s tariffs. The move will help launch new products faster and defend market share amid economic uncertainty. The company expects to create 3,500 new construction jobs and doesn’t anticipate additional employee hires beyond that.

Other companies like Kimberly-Clark, Anheuser-Busch InBev, and Mars have also announced significant investments in U.S. manufacturing. Mars, for example, is opening a $450 million factory for its Royal Canin brand as part of a $6 billion investment over the last five years.

Read more: Exclusive-Ketchup maker Kraft Heinz investing $3 billion upgrading US manufacturing