Dive Brief: Due to ongoing cattle shortages and higher costs, Tyson Foods has announced the closure or sale of three beef plants. The affected facilities include a beef plant in Joslin, Illinois, a case-ready facility in Eagle Mountain, Utah, and…
Tyson
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Key Points: Tyson Foods has lowered its annual profit outlook due to high beef prices, which are expected to remain high for the foreseeable future. The company’s beef segment reported an operating loss of $138 million in the third quarter,…
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Dive Brief: Tyson Foods announced that Jeff Schomburger will become the new president and CEO starting Oct. 4, following a transition period beginning in July. He will succeed Donnie King, who has been with Tyson for 43 years, including the…
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Dive Brief: Tyson Foods announced the closure of a Hillshire Brands plant in Rome, Georgia, resulting in the layoff of 168 workers. The decision was made due to recent changes that made continued operations at the site unfeasible. The plant…
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Key Takeaways: Tyson Foods has successfully navigated challenges in livestock supply by focusing on value-added products and operational efficiencies in its production facilities during FY25. The company’s efforts to address reduced beef and pork availability have yielded positive results, with…
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Tyson Foods to Close Beef Processing Plant, Lay Off Over 3,200 Workers Tyson Foods has announced the closure of one of its largest beef processing plants, resulting in the layoff of more than 3,200 workers. The decision comes as U.S.…
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Key Takeaways: Tyson Foods has agreed to stop making claims about reaching net-zero greenhouse gas emissions by 2050 and will no longer use climate-friendly labels for its beef as part of a settlement with the Environmental Working Group. Under the…
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Latest News: Tyson Foods Agrees to $85 Million Settlement in Pork Price-Fixing Lawsuit Tyson Foods has reached an $85 million settlement in a class action lawsuit accusing the company of colluding with other meatpacking giants to artificially inflate pork prices.…
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Welcome to our roundup of innovative product ideas that have caught our attention. From convenient chicken cups to nostalgic iced tea flavors, here are some interesting concepts that have landed in our inbox. Tyson Introduces Portable Chicken Cups Tyson Foods…
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Summary: Tyson Foods has committed to eliminating high fructose corn syrup and other targeted ingredients by the end of the year, in alignment with the “Make America Healthy Again” movement. The company will remove corn syrup, sucralose, BHA/BHT, and titanium…