WINNING: America’s 5th Largest Food & Beverage Company to Spend $3 BILLON on US Factories

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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.

Daily Caller reports:

American legacy brand Kraft Heinz (KHC.O) is pouring $3 billion into improving its U.S. factories, marking the firm’s most significant investment in its manufacturing in a decade, according to Reuters.

The move comes weeks after President Donald Trump imposed sweeping tariffs on imports in early April. The upgrades aim to improve efficiency and reduce costs, a move that could help offset the impact of Trump’s tariffs, according to Pedro Navio, Kraft Heinz’s president of North America, who spoke with the outlet. The decision was announced as company execs say the firm is confronting slumping consumer confidence and it has slashed its sales and profits forecasts.

The investment is expected to help Kraft Heinz bring new products to market faster, Navio said. The company operates 30 U.S. plants and produces staples like Heinz ketchup and Kraft mac and cheese.

In March, Kraft Heinz told analysts that 10% tariffs on imports like coffee are driving up costs while economic uncertainty is dampening consumer demand. Trump’s tariffs imposed a 10% levy on imports the company uses, including coffee, but a spokesperson said the higher China tariffs have had a negligible impact on the firm.

The company said it North America unit saw revenue fall 7% to $4.5 billion for the period from January to March, according to The Associated Press. Despite these challenges, the company is moving forward with the $3 billion investment in U.S. plants, expected to create 3,500 new construction jobs, Reuters reported. Navio emphasized that the company doesn’t anticipate the need for additional staff beyond these new jobs.

Another win for tariffs!

This is indeed a great start!

But if you want my money, CEO Navio, start investing money in switching over to organic options. We don’t want chemicals in or sprayed on our food!

They better fix it. RFK Jr is watching.

We don’t want kids fed this at schools.



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