Audio By Carbonatix
KFC, the fast-food restaurant chain formerly known as Kentucky Fried Chicken, is moving its corporate headquarters in the US from Kentucky to Texas, its owner has announced.
Yum Brands said it will shift the office from Louisville to Plano though KFC will keep some operations in Kentucky, including its KFC Foundation.
However, Andy Beshear, governor of the state of Kentucky, said: "I am disappointed by this decision and believe the company's founder would be, too.
In recent years, many companies have relocated to Texas attracted by the state's lower taxes and business-friendly policies.
The decision by Yum Brands is part of a plan to have two headquarters for its main brands. KFC and Pizza Hut will be in Plano while Taco Bell and Habit Burger & Grill will remain in Irvine, California.
Yum Brands' chief executive David Gibbs, said: "These changes position us for sustainable growth and will help us better serve our customers, employees, franchisees and shareholders."
But Beshear 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.
Latest Stories
-
Valencia coach Fernando Martin dies in Indonesia boat accident
9 minutes -
Nigeria AG’s intervention brings relief to River Park estate investors – JonahCapital
21 minutes -
High number of youth behind bars is a national loss – Ashanti regional prisons commander
38 minutes -
Nhyira Aboodoo shifts to monumental projects, injects GH₵270,000 into Ashanti orphanages
43 minutes -
Police restores calm after swoop operation at AbosoÂ
56 minutes -
Through thick and thin in 2025: KGL Group makes national, global impact
59 minutes -
Clean Air Fund sets 2026 targets, pushing gov’t toward funding, tougher laws and real health gains on air pollution
1 hour -
New Year begins with 15.92% water and 9.86% electricity tariff hikes
2 hours -
TUC, PURC call for calm amid power tariff concerns, assure public of stakeholder engagement
2 hours -
New VAT is a game changer for Ghana’s revenue collection – GRA Boss
2 hours -
Adom FM’s Strictly Highlife comes off today at Palms Convention Centre
2 hours -
Relive the 90s: Joy FM’s 90’s Jam takes over this Friday
2 hours -
Relieve Ato Forson of Defence role to protect fiscal discipline – Franklin Cudjoe to Mahama
3 hours -
Ghana at a ‘critical crossroads’, must mentor youth in integrity – Duffuor
4 hours -
Foreign Affairs Minister completes rollout of Passport Application Centres in all regional capitals
4 hours
