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
-
Iran missiles cause multiple casualties in Israel as Israeli strikes hit Tehran oil depot
4 minutes -
Parliament lauds nurses and midwives for calling off strike
41 minutes -
12 out of 14 districts suffering from illegal mining – Western Regional Minister
46 minutes -
Ghana ready for assembling combustion vehicles, production of electric vehicles – Energy Ministry
53 minutes -
Don’t buy contaminated food – Environmental director advises
57 minutes -
Ghana exposed to global fuel shocks amid empty oil buffers – COPEC
60 minutes -
Energy Ministry says suspension of fuel levy due to Iran-Israel tensions, soaring oil prices
1 hour -
Mahama commends Yaa Naa for peace in Dagbon
1 hour -
Father’s Day: Husbands must adapt to changing roles – Ebo Whyte
1 hour -
Ghana validates first National E-Commerce Strategy
1 hour -
Did Israel-Iran tensions prompt Ghana to rethink GH¢1 Fuel Levy implementation?
3 hours -
MP for Weija-Gbawe demands immediate completion of storm drain to end flood nightmare
3 hours -
Fuel tax U-turn reveals ‘trial-and-error governance’ – Minority
5 hours -
Abu Kassim claims Women’s Coach of the Year at Ghana Football Awards
5 hours -
Kwesi Appiah wins Men’s Coach of the Year at Ghana Football Awards
5 hours