Tyson Foods considers sale of pizza crust business

USA - Tyson Foods, the American multinational corporation has announced that it was exploring the sale of its pizza crust business (TNT Crust), while it shifts focus on its core protein business. The company is capitalizing on demand for protein after it reported a 1755 surge in net income for the quarter ended 30, December…

Tyson to sell Circle Foods to Japanese food and chemical corporation, Ajinomoto

USA - Tyson Foods has reached a deal to sell Circle Foods, its specialty food products arm in the US to Ajinomoto Co., Inc is a Japanese food and chemical corporation which produces seasonings, cooking oils, TV dinners, sweeteners, amino acids, and pharmaceuticals. Tyson Foods acquired Circle Foods LLC, a manufacturer of frozen and refrigerated…

Tyson Foods to pay US$2 million for Missouri fish kill, beefs up job cuts

USA - Tyson Foods, the American processor of chicken, beef and pork has been ordered by a Missouri federal court to pay a total of US$2 million fine following the spill of an animal feed ingredient killed 108,000 fish, according to the US Justice Department. After pleading guilty of the charges, the poultry company agreed…

Tyson Foods makes investment in Chicago-based food startup Tovala

US - Tyson Foods, Inc., through its corporate venture subsidiary Tyson Ventures, has completed an investment in Tovala, a Chicago-based food startup that makes smart countertop steam ovens with fresh ready-to-cook meals. The terms of the investment are not being disclosed. Tyson Ventures joins a strong group of investors including Origin Ventures, the Pritzker Group,…

Tyson Foods delivers record quarter results with 11% total company sales growth

US - Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands, has reported its record quarter results with 11% total company sales growth. The Adjusted operating income and adjusted net income per share attributable to Tyson, or Adjusted EPS, are non-GAAP financial measures and are…

Tyson Foods acquires minority stake in cultured meat producer Memphis

USA – Meat producer Tyson Foods has acquired a minority stake in Memphis Meats, producer of cultured meats to address the increasing demand for protein around the globe. The acquisition will see an expansion of Tyson Foods’ broad portfolio of products and brands like Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and…

Tyson Foods invests in plant-based protein producer Beyond Meat

USA - Tyson Foods, Inc., an international leader in the food industry, has made an additional investment in plant-based protein producer Beyond Meat. Through Tyson’s venture capital fund, the company chose to participate in Beyond Meat’s most recent fundraising initiative, which is designed to generate additional capital to help the business continue to expand its…

Tyson Foods to build Tennessee chicken production complex

USA - Tyson Foods has accepted the invitation of city, county and state leaders to build a new chicken production complex in the City of Humboldt, which is part of Gibson County in western Tennessee. The US$300 million project is expected to create more than 1,500 local jobs once the new complex begins operations in…