Sriracha Shortage Incoming
Last year saw Huy Fong Foods, maker of the beloved spicy sauce Sriracha, issue a warning about supply shortage due to supply shortages of Mexican chiles. It looks like those issues are overflowing into this year as well due to bad weather conditions affecting crop yields.
Investments in US Manufacturing Surges
As companies try to reduce supply chain risks seen from the global pandemic, increased investments in US manufacturing is also due to two new pieces of legislation: the CHIPS act and the Inflation Reduction Act, which provides subsidies for specific manufacturing investments.
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