Kraft Foods Commends U.S.-Mexico Cross-Border Trucking Agreement
Kraft Foods Commends U.S.-Mexico Cross-Border Trucking Agreement
July 11, 2011 at 12:00 AM EDT
Mexico is a priority market for Kraft Foods. This agreement addresses important aspects of road safety while enabling companies to reduce costs, improve operational efficiency and increase trade between the two countries. Experience around the world shows that free trade promotes economic growth and social welfare. This agreement is a significant step in promoting cross-border commerce between the United States and Mexico.
Northfield, Ill.-based Kraft Foods Inc. is a global snacks powerhouse with an unrivaled portfolio of brands people love. Proudly marketing delicious biscuits, confectionery, beverages, cheese, grocery products and convenient meals in approximately 170 countries, Kraft Foods had 2010 revenue of $49.2 billion, more than half of which was earned outside North America. Twelve of the company's iconic brands -- including Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Tang and Trident -- generate revenue of more than $1 billion annually, and 40 have been loved for more than a century. A leader in innovation, marketing, health & wellness and sustainability, Kraft Foods is a member of the Dow Jones Industrial Average, Standard & Poor's 500, Dow Jones Sustainability Index and Ethibel Sustainability Index. For more information, visit kraftfoodscompany.com and facebook.com/kraftfoodscorporate.
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Contact: Michael Mitchell (Media) +1-847-646-4538 news@kraftfoods.com