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Kraft Heinz to invest $199 million in British manufacturing facility

Reuters2021-06-01

June 1 (Reuters) - Kraft Heinz Co said on Tuesday it plans to invest 140 million pounds ($198.83 million) in its food manufacturing facility in northwest England over the next four years, subject to U.S. approval.

The investment would be the company's biggest expansion of an existing manfacturing site outside the United States in more than 20 years.

The plans for the Kitt Green plant northwest of Manchester would be aimed at adding production of Heinz ketchup, mayonnaise and salad cream. The money will also fund equipment and technology and create up to 50 new full-time jobs, the company said.

The plant will continue making Heinz soups and pasta. It already makes 1.3 billion cans of food per year.

"The Kraft Heinz investment is a vote of confidence in the UK economy from a major U.S. firm and a boost that will mean jobs and growth for the local economy," UK Minister for Investment Gerry Grimstone said in a statement.

Kraft Heinz said the plan was one of the largest proposed investments in British manufacturing since Brexit but did not provide details.

($1 = 0.7041 pounds)

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Comment16

  • Leira
    ·2021-06-01
    My fav baked beans brand
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  • YengLeng
    ·2021-06-01
    Like and comment. Thanks
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    • ckww
      Sure
      2021-06-01
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  • JiaminFeng
    ·2021-06-01
    I love their bake bean too. Great taste
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  • Kohes
    ·2021-06-01
    Good. 
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    • rongshao
      Good
      2021-06-01
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  • TSLAtothemoon
    ·2021-06-01
    I love their baked beans. Like and comment
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    • JustinAQX
      Good
      2021-06-01
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    • sshgavin
      like and comment back please
      2021-06-01
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    • bananafruit
      Gd
      2021-06-01
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  • cklcklckl
    ·2021-06-01
    Lol
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    • AmosTeo
      Yes
      2021-06-01
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  • Melodykjh
    ·2021-06-01
    Like and comment 
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  • HLTan
    ·2021-06-01
    Good
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    • Oddleo
      Yes
      2021-06-01
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  • HLTan
    ·2021-06-01
    Good
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  • spaceGRN
    ·2021-06-01
    Hey . Luv this brand
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  • Xuehao
    ·2021-06-01
    Pls like n comment 
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    • Izafs
      Ok
      2021-06-01
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  • Nn9876543
    ·2021-06-01
    Pls like n comment
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    • TJW1991
      plz reply
      2021-06-01
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  • shwan
    ·2021-06-01
    like n comment please
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    • ppssll
      comment
      2021-06-01
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  • 夜裡精靈
    ·2021-06-01
     Good news
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  • Aloysius9999
    ·2021-06-01
    O
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  • 1Man2Stonks
    ·2021-06-01
    Nice
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