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Kraft Heinz announces £140m investment in UK facility

Kraft Heinz

The investment would aim to bring Heinz sauce making back to the UK to bolster its European capacity

Kraft Heinz, the food giant behind Heinz and Philadelphia, has tabled plans for a £140m investment in Wigan’s Kitt Green, Europe’s largest food manufacturing facility today.

In one of the largest post-Brexit investments in the UK, it would be the heftiest investment in an existing manufacturing site outside of the US by the firm in more than two decades.

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

The investment would aim to bring Heinz sauce making back to the UK to bolster its European capacity.

Not only are we excited to be expanding our product mix by bringing sauces back to the UK but also look forward to a more efficient facility with a sustainable future, Kitt Green site director, Luis Spinardi, said.

The proposal, while subject to final US approval from the food giant later in the year, could create up to 50 new full-time positions.

The food giant, the third-largest food and beverage company in North America and the fifth-largest food and beverage company in the world, will focus on modernising the site over the next four years.

The modernisation of the site is set to shrink its non-renewable resource use, produce fully recyclable items and help cut its CO2 emissions.

Currently producing 1.3bn cans of food per year, of which 94 per cent is consumed in the UK, the Kitt Green sit will continue to make its Heinz Beanz, Soups and Pasta products.

We are now in the fortunate position where Kitt Green can become a much more modern facility and our teams will have the ability to adopt more contemporary ways of working whilst exemplifying the highest global standards for food manufacturing, Spinardi added.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.