Tyson to acquire American Proteins, AMPRO Products
Rendering is an environmentally friendlier way to keep animal products out of landfills and potentially reduce greenhouse gas emissions.
Tyson Foods, Inc., Springdale, Ark., announced plans to acquire the poultry rendering and blending assets of American Proteins, Inc., Cumming, Ga., and AMPRO Products, Inc., Gainesville, Ga., for approximately $850 million. The acquisition will enable Tyson Foods to recycle more animal products for feed and aquaculture, among other things, and expand its presence in the animal feed ingredient business.
“Rendering plays a key role in growing our business and helping us deliver on our sustainability goals,” says Tom Hayes, president and CEO of Tyson Foods. “Through this important business, no part of the animal goes to waste, and we can recycle valuable ingredients into feed for pets and aquaculture.”