Tyson Foods wins contracts worth US$726.6m for beef production and supply in the US

USA - Tyson Fresh Meats, a unit of Tyson Foods, has won a US$440 million defense contract to provide fresh beef and frozen ground beef products to military commissaries in the central and eastern United States. The company also won a separate US$286.6 million contract to provide fresh beef and frozen ground beef products to…

Tyson Foods agrees to sell Pizza Crust business to Peak Rock Capital

USA - Tyson Foods, an American multinational corporation, has reached an agreement to sell its pizza crust business to an affiliate of private equity firm Peak Rock Capital. According to the company, the sale includes TNT Crust, a business founded in 1981 that produces partially-baked and self-rising pizza crusts for frozen pizza manufacturers and foodservice…

Tyson Foods to acquire US chicken nuggets supplier Keystone Foods

USA - Tyson Foods Inc, an American multinational corporation, is close to acquiring Keystone Foods LLC, a US supplier of chicken nuggets to McDonald’s Corp, according to a source. Bloomberg reported that the company is in exclusive talks with Keystone’s owner, Brazil’s Marfrig Global Foods SA. Representatives of Marfrig and Springdale, Arkansas-based Tyson declined to…

Tyson Foods starts construction of US$300m poultry plant in Tennessee

USA - Tyson Foods has started construction of US$300 million poultry processing facility in Humboldt, Tennessee projected to start operation in late 2019. According to FoodBev, the plant will produce pre-packaged trays of chicken for retailers nationwide in the US, and is expected to process 1.25 million birds every week at full capacity. Plans to…

Tyson Foods voluntarily recalls chicken products on plastic contamination

USA - Tyson Foods, the American convenience food provider said it was executing a voluntary recall of 3,120 pounds, or 260 cases, of breaded chicken tenderloins supplied to foodservice establishments throughout the country over possible contamination with blue and clear pieces of plastic. The move was taken after a supplier of ingredient sent to Tyson…

Tyson Foods acquires poultry producer Tecumseh Poultry LLC

USA - Tyson Foods, Inc., an American multinational corporation, has become one of the nation’s leading producers of organic branded chicken through its acquisition of Tecumseh Poultry LLC. According to the company, the acquisition includes the purchase of the air-chilled Smart Chicken brand, although the terms of the deal remain undisclosed. Tecumseh Poultry was founded…

Tyson Foods launches new brand that aims to reduce food waste

USA - Tyson Foods, an American multinational corporation, through its Innovation Lab has launched ¡Yappah!, its first brand that will challenge consumers to reduce food wastes. According to the company, the brand name was inspired by a tradition in the South American Andes called “yapa,” which refers to the little something extra a merchant gives…

Tyson Foods enters agreement to sell Sara Lee Frozen Bakery and Van’s businesses

​USA – Tyson Foods, one of the world’s largest food companies and a recognized leader in protein, has entered into an agreement to sell its Sara Lee Frozen Bakery and Van’s businesses to private equity firm Kohlberg & Company. According to the company, the sale includes the Chef Pierre, Bistro Collection and Van’s brands, and a…

Tyson sales 2% high despite higher transportation and labour costs

USA - Tyson Foods reported sales of US$9.77 billion for the period ended 31 March 2018, indicating a nearly 2% increase from last year’s US$9.08 billion as a result of measures to mitigate impact from high costs in transportation and labour. Although the company recorded lower figures in net income of US$316 million as compared…

Tyson Foods develops ‘bill of rights’ for its poultry farmers

USA - Tyson Foods has developed a contract for poultry farmers’ ‘bill of rights’, launching several new initiatives aimed at enhancing communications and transparency with the thousands of independent farmers who farm the company’s chickens. The company also formed an advisory council made up of poultry farmers, investing in technology for additional communications. The company…