Tyson Foods invests US$58m in expanding Texas poultry plant to meet surging demand

USA – American multinational meat processing company , Tyson Foods Inc. Is planning to inject US$58 million into its Seguin poultry processing plant amid surging demand for poultry in Texas.   The project will add approximately 40,000 square feet to the 109,000-square-foot plant, Tyson Foods said in a statement.  The additional space will enable the meat processor to install new processing equipment even as it continues to focus on supplying foodservice customers.   “We’re excited about the expansion project at Seguin which is part of our commitment to meet increasing customer and consumer…

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Tyson Foods invests US$61m to expand fully cooked chicken production facility in Mississippi

USA – American multinational food corporation Tyson Foods is investing US$61 million into its fully cooked chicken production facility in Vicksburg, Mississippi as part of strategy to accelerate long-term growth of the Tyson® retail brand.  The expansion will increase the production capacity of chicken products for food service customers such as restaurants and schools.   Expansion works are expected to be completed by summer 2022, creating about 50 jobs in the process.   The Mississippi Development Authority is providing assistance for improvements to infrastructure; Warren County and Entergy Mississippi are also assisting with…

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Tyson Foods to invest US$300m in new prepared foods facility to meet growing demand

US – American multinational corporation Tyson Foods has announced that it will invest US$300 million to construct a new prepared foods facility in Danville, Virginia.   According to a statement from the company, the project aims to accelerate brand growth and is part of the Tyson Food’s commitment to meet the increasing demand for its products.   “As consumers actively look to add more protein to their diets, Tyson is uniquely positioned as a category leader to meet that growing demand,” said Noelle O’Mara, president, Prepared Foods at Tyson.   “Our continued focus on…

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Tyson Foods to close US seafood processing facility

US – American multinational meat corporation Tyson Foods Inc. is set to shutter operations at its LD Foods plant in Jefferson, Wis., which employs 62 workers.   The plant previously processed seafood for foodservice customers and was a subsidiary of Keystone Foods, which Tyson acquired from Brazil’s Marfrig Global Foods in 2018.  Derek Burleson, the spokesperson for Tyson, said the closure is due to a combination of factors including its customers’ changing product needs,  According to Burleson, the facility will cease operations in mid-September as the company focuses on its strategic…

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Post Holdings, Tyson Foods post strong Q3 results buoyed by elevated demand in the food service channel

US – American consumer packaged goods demand Post Holdings and Arkansas-based multinational meat processing company Tyson Foods have reported double digit growth in net sales for quarter three buoyed by elevated demand in the food service channel.  Q3 net sales for Post Holdings were US$1.6bn, an increase of 19% (or US$253.4 million including US$78.5m in net sales from acquisitions made in the past two years) compared to US$1.3bn in the prior-year period.  During the quarter, Post saw its foodservice business rebound, growing by 80% year on year, primarily driven by out-of-home demand for its…

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Tyson Foods bolsters sustainability efforts with new goal to achieve net zero emissions by 2050

US – Tyson Foods, the world’s second-largest processor, has set a goal of achieving net zero greenhouse gas emissions across its global operations and supply chain by 2050.  The US meat processor now joins a growing list of food companies such as Nestlé, Heineken, and Diageo that have ambitious net zero-emission targets.  Tyson however, is the first U.S.-based protein company to have an emissions reduction target approved by the Science Based Target initiative.  The transition to net zero – which includes scopes 1, 2 and 3 – marks an expansion of the…

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Tyson foods launches plant-based products in Asia as BiH dairy producers gear up for Chinese market

ASIA – Tyson Foods, the world’s second-largest processor and marketer of chicken, beef, and pork, has launched a new line of plant-based meat alternatives across the Asia Pacific to take advantage of increased demand in the region. The launch under the company’s First Pride brand marks the first time Tyson Foods is introducing plant-based products in the region. First Pride brand is however not new to consumers in the region as Tyson has offered frozen chicken, beef, and fish products under the brand in Malaysia for nearly 15 years. According…

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Tyson Foods promotes COO Donnie King to succeed Dean Banks as President and CEO

US – Tyson Foods, the world’s second largest processor of beef, poultry and pork, has promoted its current chief operations officer Donnie King to the position of President and CEO. Donnie King will succeed Dean Banks who the meat processor said is stepping down from the company and board “for personal reasons”. Banks took the CEO job in October, just as Tyson was rebounding from the coronavirus outbreak that forced the company to shut several plants when workers got sick. Banks was formerly a project lead and on the leadership…

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Cargill, Tyson invest in new capacity expansion to meet anticipated rise in product demands

NORTH AMERICA – Commodities trading giant Cargill and meat processing giant Tyson have announced new investments in capacity expansion aimed at meeting anticipated rise in demand. On its part, Cargill plans to construct a new canola processing facility in Saskatchewan, Canada, in an effort to meet growing global demand for canola products. Construction of the US$350 million project will begin work early next year and is expected to operational by early 2024, creating approximately 50 full-time jobs in the process. Located in Regina, Saskatchewan, the facility is projected to have…

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Tyson Foods opens new US$425m Tennessee poultry complex amid unending price-fixing allegations

US – Tyson Foods, the world’s second-largest processor and marketer of chicken, beef, and pork, has officially inaugurated its new poultry complex in Humboldt, Tennessee, following a total investment of US$425 million. Located within the Gibson County Industrial Park , the site consists of a processing plant, feed mill and hatchery, and represents Tyson Foods’ biggest investment in Tennessee. The plant is expected to start production later this month and will produce pre-packaged trays of fresh chicken for retail grocery stores nationwide. According to Tyson Foods, several hundred workers have…

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