Tyson Foods certainly isn’t chicken about competing in other categories. The Springdale, Ark.-based company recently expanded its prepared meals line-up with five new multi-serve Tyson Skillet Creations products.
Having posted a strong performance just a year before, the nation’s largest poultry, beef and pork processor, Tyson Foods Inc., ran into some fowl conditions in fiscal 2008.
Tyson Foods Inc., Springdale, Ark., said it expects by July or August to close a 14-year-old deli meat plant in Ponca City, Okla., and transfer production to three other sites.
Frozen entrees and snacks from ConAgra Foods, Kraft Foods and Tyson Foods were among last year's top-selling new products according to Information Resources Inc. (IRI).
Tyson Foods Inc., Springdale, Ark., said Canadian antitrust officials have approved Tyson's earlier C$105.5 million deal to sell Lakeside Farm Industries.
Pilgrim's Pride Corp., Pittsburg, Texas, said it will idle three of its 32 U.S. chicken processing plants by mid-May as part of a corporate restructuring plan.
Speaking at Tyson Foods’ annual shareholders meeting, interim President and CEO Leland Tollett said officials at this Springdale, Ark.-based company have a “sense of urgency” and remain committed to key growth strategies.
Tyson Foods Inc. expects this summer to complete as much as $17 million in capital improvements to boost production at its Cherokee, Iowa, deli meats plant.