Friday, April 12, 2024 | Baltimore, MD
Baltimore, MD

McCormick plans to raise prices later this year due to cost inflation

July 2, 2021

Get ready for the cost of Old Bay and other McCormick & Co. Inc. spices and seasonings to go up later this year. The Hunt Valley-based spice maker plans to raise prices for its products later this year because of a “dynamic cost environment,” CEO Lawrence Kurzius told Wall Street analysts during a conference call Thursday morning.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.