Tyson acquires Chinese processor
In keeping with a February 2008 announcement, Tyson also is building a fully integrated poultry complex in Haiman City, in China's Jiangsu province, near Shanghai. That operation is scheduled to begin operations next year.
Tyson announced on June 30 that purchased a majority stake inGodrej Foods Ltd. in Mumbai, India. A new venture called Godrej Tyson Foods operates a chicken processing plant in Mumbai and another in Bangalore. The two facilities have a combined production capacity of 60,000 birds per day. Initial annual sales are expected to be US$50 million, Tyson said.