Kraft Heinz to Invest $117.2M in New Plant in Brazil

Global food company Kraft Heinz plans to invest R$380 million, or about $117.2 million USD, in a new condiments plant in Neropolis, Brazil, several Brazilian news organizations reported Wednesday.

When it becomes operational in mid-2018, the new facility will produce about 15,000 tn of condiments each year, boosting the firm’s production capacity by 50%, according to a report by Economic Valor.

About 500 jobs will be created as a result of the new plant, which includes new process technology, laboratories, and advanced systems for water and waste treatment, Brazilian news website SEGS reported.

The firm also plans to invest R$100 million in an expansion and upgrade of an existing facility in Neropolis.

Company officials said the move to build the new factory and expand its existing site positions Kraft Heinz to meet future demand in the country.

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