Kraft Heinz To Invest £140m In British Manufacturing Facility
Kraft Heinz Co said on Tuesday that it plans to invest £140 million ($198.83 million) in its food manufacturing facility in northwest England over the next four years, subject to US approval.
The investment would be the company's biggest expansion of an existing manufacturing site outside the US 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 company said that the money will also fund equipment and technology and create up to 50 new full-time jobs.
'Vote Of Confidence'
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 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.
Kraft Heinz said the plan was one of the largest proposed investments in British manufacturing since Brexit, but did not provide details.