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Kraft Heinz earns federal money to decarbonize its Velveeta plant in Minnesota [Yahoo! Finance]

The Kraft Heinz Company (KHC) 
Last the kraft heinz company earnings: 4/30 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kraftheinzcompany.com/overview
Company Research Source: Yahoo! Finance
This week the Department of Energy awarded Kraft Heinz $170 million for clean energy projects at 10 plants, including one in New Ulm, that will reduce annual emissions by more than 99%, the company said. The plant employs 400 people and makes all of the company's signature gooey cheese product as well as the sliced cheese found in Lunchables, according to the New Ulm Area Chamber of Commerce. Other products include Kraft's Deli Deluxe cheese slices and Cheez Whiz for foodservice customers. New Ulm's factory will have $3 million from the federal money. The upgrades could include heat pumps, electric heaters, electric boilers, anaerobic digestors, biogas boilers, solar-thermal, solar photovoltaic and thermal energy storage, a spokeswoman said. The projects are expected to be completed by 2030. "We're on a journey to achieve net-zero greenhouse gas emissions by 2050," Marcos Eloi Lima, chief procurement and sustainability officer, said in a statement. "This investment will give Show less Read more
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