Mars Wrigley will eliminate 307 jobs as it relocates its headquarters to Chicago while maintaining manufacturing operations and investments in New Jersey.
Tanzania’s sugar factories have resumed production, raising hopes of improved supplies and lower prices after months of shortages caused by delayed harvesting and milling.
Strong growth in North America and emerging markets offset weaker European demand, keeping Lindt & Sprüngli on track to achieve its 2026 financial guidance.
Nestlé plans to transfer production to a UK co-manufacturer while seeking a new investor to continue confectionery manufacturing at the Hungarian site.
The increased allocation is expected to support food manufacturers with improved sugar supplies under a reduced 10% import duty for the next 12 months.