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Kraft Heinz announced on Wednesday that it will invest $3 billion to upgrade its US plant, the group's largest investment in manufacturing facilities in a decade. Notably, when this decision was made, company executives confessed that the current consumer confidence index was the second lowest in 70 years, and that the group had lowered sales and profit expectations. In an interview with the media, Pedro Navio, president of Kraft Heinz North America, said that the production line upgrade will reduce costs by improving operational efficiency, thereby possibly offsetting the impact of President Trump's tariff policy — this tariff factor is one of the key considerations that contributed to this investment decision.

Zhitongcaijing·05/14/2025 14:17:12
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Kraft Heinz announced on Wednesday that it will invest $3 billion to upgrade its US plant, the group's largest investment in manufacturing facilities in a decade. Notably, when this decision was made, company executives confessed that the current consumer confidence index was the second lowest in 70 years, and that the group had lowered sales and profit expectations. In an interview with the media, Pedro Navio, president of Kraft Heinz North America, said that the production line upgrade will reduce costs by improving operational efficiency, thereby possibly offsetting the impact of President Trump's tariff policy — this tariff factor is one of the key considerations that contributed to this investment decision.