Latest news with #KindSnacks
Entrepreneur
29-07-2025
- Business
- Entrepreneur
Mars Brands Made in US, Investing Billions in Factories
The candy-maker has created 9,000 jobs over the last five years with its investments, according to a new report. The maker of popular candies and gum, including M&M's and Milky Way, is investing $6 billion in U.S. factories. The Wall Street Journal reports that $2 billion of the six will be invested in the next 18 months with a focus on scaling new businesses, including building a new factory for Nature's Bakery. (Mars brand Kind, which was founded by "Shark Tank" investor Daniel Lubetzky, acquired Nature's Bakery in 2020.) Mars CEO Poul Weihrauch posted on LinkedIn Tuesday that 94% of Mars products sold in the U.S are "produced locally in the U.S." The company also said it has created 9,000 jobs over the last five years with its investments. Related: Daniel Lubetzky Took Kind Snacks From Idea to $5 Billion. Here's His Best Advice For Anyone Who Wants to Start a Business. Related: Meet the World's Secretive Billionaires Who Give Stealth Wealth a Whole New Meaning, from Ike Perlmutter to Philip Anschutz The investment will stretch across the company's many products and brands, which also include Pringles, Snickers, and Pedigree pet food. "We're convinced about the long-term strength of the American consumer," Claus Aagaard, Mars' chief financial officer, told the WSJ. Mars is a private, family-owned business headquartered in McLean, Virginia. The Mars family reportedly has a net worth of $117 billion. Forbes ranked them the No. 2 richest family in America in 2024 behind the Walton family (Walmart). Join top CEOs, founders and operators at the Level Up conference to unlock strategies for scaling your business, boosting revenue and building sustainable success.
Yahoo
13-06-2025
- Business
- Yahoo
Snack company unveils major update to popular nut bars: 'Fundamentally reimagining'
Kind Snacks, known for its popular nut bars, has launched a new curbside recyclable paper wrapper to replace its old plastic packaging, Packaging World recently reported. According to the Kind Snack website, this new sustainable paper packaging can be found on the brand's Dark Chocolate Nuts & Sea Salt single bars in select Whole Food Markets in Arizona, Southern California, Connecticut, Louisiana, Nevada, New Jersey, New York, and Texas. This release comes as a six-month campaign, running from May to October. Kind Snacks' test campaign allows the brand to understand more about executing a recyclable paper program at scale, creating a "kinder choice on the shelf and at the bin," reads the Kind Snack website. This pilot also helps the brand gauge consumer feedback on how to improve paper packaging iterations, designed by Kind's technical packaging partner, Printpack, going forward. Consumers can now throw the nut bar's paper wrappers directly into the recycling bin instead of the trash. In the past, paper coated with food or grease was not accepted for recycling. Kind Snacks assures, however, that these paper snack wrappers can be recycled curbside, with all other household paper items. The brand's new sustainable packaging helps reduce the global use of plastic, which is made using dirty fossil fuels that release harmful planet-warming gases into the atmosphere. Plastic also deteriorates into harmful microplastics that have serious consequences on human health. Cutting back on plastic use can protect human health while reducing the amount of harmful gas pollution created by burning fossil fuels in plastic production. Kind has been a subsidiary of Mars since 2020, and it remains to be seen if these practices could rub off on the parent company. Either way, leading brands in various industries are finding ways to cut back on plastic use. A global packaging brand, Smurfit Westrock, recently launched an all-paper stretch wrap to replace polyethylene stretch wrap used on shipping pallets. Target recently launched the Frugal Bottle — a line of wine packaged in recycled paperboard and a food-grade pouch. Speaking on Kind Snacks' new paper packaging, per Packaging World, Sandra Lewis, principal packaging adviser at Whole Foods Markets, said: "They're fundamentally reimagining how snack foods can be packaged." "We're proud to continue to lead the industry with bold, forward-thinking and innovative solutions, not just for our packaging, but across our entire product portfolio," said Osher Hoberman, chief marketing officer of Kind North America, per Packaging World. When you think about a product's packaging, which of these factors is more important to you? The way it looks The information it provides The waste it produces I don't think about packaging at all Click your choice to see results and speak your mind. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
