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Fast-food giant KFC leaves Kentucky home for Texas

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KFC’s headquarters is being moved from its ancestral home in Kentucky to Texas as part of a wider shakeup at its parent company

KFC, the fast-food restaurant chain formerly known as Kentucky Fried Chicken, is moving its corporate headquarters in the US from Louisville in Kentucky to Plano in Texas, according to a statement from its parent company, Yum Brands.

About 100 corporate employees and dozens more remote workers will be required to move and will receive relocation support.

The decision by Yum Brands is part of a plan to have two headquarters for its main brands — KFC and Pizza Hut will be headquartered in Plano, while Taco Bell and Habit Burger & Grill will remain in Irvine, California.

In recent years, many companies have relocated to Texas attracted by the state’s lower taxes and business-friendly policies.

“These changes position us for sustainable growth and will help us better serve our customers, employees, franchisees and shareholders,” said David Gibbs, the chief executive of Yum Brands in the company’s statement.

Yum also expressed hope the plan will boost collaboration between its employees and brands.

The statement added that Yum will be maintaining it corporate offices as well as the KFC Foundation in Louisville.

The governor of the state of Kentucky, Andy Beshea, has criticised the move to relocate KFC’s headquarters, according to a statement given to the Associated Press.

“I am disappointed by this decision and believe the company’s founder would be, too,” Mr Beshear reportedly said.

“This company’s name starts with Kentucky, and it has marketed our state’s heritage and culture in the sale of its product.”

KFC’s history in the state dates back to the 1930s, when its founder Colonel Harland Sanders began selling fried chicken at a service station in Corbin.

Today, Sanders’ face is emblazoned on the shop fronts of more than 24,000 KFC restaurants in over 145 countries and territories around the world.

Since the pandemic, many US companies have moved their headquarters. According to a report by real estate services firm CBRE, Austin and other Texan cities have been particularly successful due to the state’s business-friendly environment.

(BBC News)

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CEAT assures job security following Michelin Lanka acquisition

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CEAT OHT Lanka (Pvt) Limited, a wholly owned subsidiary of CEAT Limited, India, has reassured employees that their jobs are secure following the acquisition of the CAMSO brand’s off-highway construction equipment bias tyre and tracks business from Michelin Lanka (Pvt) Ltd.

The holding company, CEAT Ltd. of Mumbai, India, announced in December 2024 that a definitive agreement had been signed for the acquisition. This includes the Midigama plant. the Casting Product Division in Kotugoda and some parts of other divisions providing central services.

To formalize the transition, a tripartite Memorandum of Understanding (MoU) was signed on May 22, 2025, between CEAT OHT Lanka, Michelin Lanka, and the Inter Company Employees Union.

The agreement guarantees 100% job security, preservation of past service, seniority, remuneration, and employee benefits.

However, employees of Michelin Lanka in Midigama, Matara, recently protested claiming that their jobs were at risk due to the sale.

CEAT, operating in over 120 countries, emphasized its commitment to employee welfare and workplace satisfaction, affirming it will honor all obligations under the agreement and actively invest in business growth.

CEAT, listed on the Mumbai Stock Exchange and part of the RPG Group, is a leading manufacturer of tyres for cars, buses, trucks, motorcycles, scooters, and off-highway vehicles.

CEAT had previously acquired Kelani Tyres, a fully state-owned enterprise in 1993, which was considered as a controversial deal facilitated by Ranil Wickremesinghe.

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All necessary procedures to launch Starlink services in SL competed – Dy. Minister

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The government has completed all necessary procedures to launch Starlink services in Sri Lanka, says Deputy Minister of Digital Economy Eranga Weeraratne.

According to Deputy Minister Weeraratne, once the expected information dashboard is received from Starlink, the service could be launched without any operational delays.

He made this statement while attending a bilateral meeting organized by the Sri Lankan High Commission in Singapore, held alongside the 2025 Tech Summit Asia in Singapore.

The matter was discussed during a meeting between Deputy Minister of Digital Economy Eranga Weeraratne and Ambassador Stephan Lang, the United States’ Coordinator for International Communications and Information Policy at the U.S. Department of State.

During the meeting, several strategic areas were also discussed.

Ambassador Lang emphasized the importance and urgency of these initiatives, describing them as both challenging and essential for Sri Lanka’s digital future. He reiterated the United States’ continued commitment to supporting Sri Lanka in implementing these transformative digital policies and programs.

(adaderana.lk)

(Except for the headline, this story, originally published by adaderana.lk has not been edited by SLM staff)

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No change in domestic LP gas prices this month

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Sri Lanka’s 02 main domestic gas suppliers, Litro Gas and Laugfs Gas, have confirmed that there will be no price revision for domestic LP gas cylinders this month.

Both companies stated that gas cylinders will continue to be sold at existing prices.

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