Kraft Heinz reacts to pulled federal funding

Kraft Heinz says it remains committed to energy efficiency despite losing $170 million amid federal cuts

Kraft Heinz officials previously announced in March 2024 that the company had been "selected for award negotiations" to receive up to $170 million from the DOE to support clean energy projects at 10 U.S. plants, including Champaign.

Rhumbline Advisers Sells 196,618 Shares of The Kraft Heinz Company (NASDAQ:KHC)

Rhumbline Advisers decreased its position in shares of The Kraft Heinz Company (NASDAQ:KHC - Free Report) by 10.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,777,328 shares of the company's stock after selling 196,618 shares during the quarter. Rhumbl

Kraft Heinz reacts to pulled federal funding

Kraft Heinz reacts to losing $22 million in federal funding, money meant to help the Lowville plant become more energy efficient.

Trump DOE Cancels 24 "Clean Energy" Projects, Incl. $170M to Heinz - Marcellus Drilling News

Corporate welfare—the transfer (theft) of money from taxpayers to uber-wealthy corporations, like Kraft Heinz, is particularly loathsome and disgusting. However, it’s widespread, unfortunately. In an effort to undermine fossil energy, the Biden administration shoveled money out the door to corporate cronies so fast nobody could keep track of it all. Biden’s “free money” included a...