Overview

• Kraft Heinz is investing $3 billion to upgrade 30 U.S. factories, marking its largest domestic investment in ten years.
• The modernization effort is designed to improve efficiency, lower production costs, and speed up the launch of new products.
• The decision to invest was influenced by the recent 10% U.S. import tariffs, which have increased production costs for the company.
• The upgrades are expected to generate approximately 3,500 construction jobs across local communities.
• Kraft Heinz has committed to providing suppliers with a 60-day notice before implementing any price increases.