Didi Caldwell sees a lot of headwinds for the food manufacturing industry between tariffs, an increasing regulatory environment, weight loss drugs, and the Trump administration’s deportations. “Food manufacturing tends to be very regional,” she explains, and discusses how her company helps them find the best places to set up shop. She doesn’t necessarily think European companies will move to the U.S. just because of tariffs. There’s also a fight for resources, such as energy and water, that are also demanded by data centers.

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