Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required.
Password is required.
Tyson Foods Donates 600,000 Meals for Storm Relief in Kentucky, Tennessee
Tyson Foods is donating 600,000 meals (150,000 pounds of protein) and deploying other disaster relief efforts to help support parts of Kentucky, Tennessee and other states devastated by the recent tornadoes.
The company is partnering with Walmart to help feed families and relief workers in Mayfield, Kentucky, which is home to Tyson team members who work at its poultry complex in nearby Union City, Tennessee. Plans are also underway to provide food and other assistance in Bowling Green, Kentucky, as well as other nearby communities. Food will also...
Tyson Foods: Outpacing a Growing, Global Protein Market
Tyson Foods is a global protein leader with a diverse portfolio of iconic brands and a clear and compelling path to growth, company leaders told investors and analysts today during Tyson Foods’ virtual Investor Day.
Chairman John H. Tyson, President and CEO Donnie King and members of the company’s senior leadership team spoke at the event. They showcased Tyson Foods’ role as a leading protein company in a growing, global market; the company’s efforts to increase value-added and overall production capacity as part of a plan to drive accelerated volume and...
Tyson Foods to Give Frontline, Hourly Team Members Approximately $50 Million in Year-End Bonuses
Tyson Foods (NYSE: TSN) is saying thank you once again to its frontline and hourly team members by giving them approximately $50 million in year-end bonuses for their efforts over the past year. For team members in the U.S., these one-time bonuses will be based on tenure, range from $300 to $700, and be distributed starting this month.
“This is yet another way for us to say thank you and show how grateful we are for our frontline...
Survey Says Americans Want Chicken on their Friendsgiving Plates
Please pass the…chicken! As Americans kick-off the holiday season, many are also gearing up for Friendsgiving – a moment to appreciate our friends that matter most. And this year, friends are choosing chicken as their Friendsgiving centerpiece.
A recent survey of more than 1,000 people across America revealed 65% of people who celebrate Friendsgiving want chicken during the holidays and 77% want to create new traditions, which may include anything from who is at the table to decorations to games played. More than two thirds want...
Tyson Foods Reports Fourth Quarter 2021 Results
Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:
The Company reports its financial results in accordance with U.S. generally accepted accounting principles (GAAP). Adjusted sales, adjusted operating income and adjusted net income per share attributable to Tyson (Adjusted EPS) are non-GAAP financial measures. Refer to the end of this release for an explanation and reconciliation of these and other non-GAAP...
Tyson Foods Continues Growth of Wright® and Jimmy Dean ® Brands with Investment in Kentucky
Tyson Foods will invest $355 million to build a state-of-the-art bacon plant in Bowling Green, Kentucky, company officials announced today. The project is part of Tyson’s commitment to meet increasing retail and foodservice demand for bacon products to deliver against its strategy of accelerating long-term growth aligned to consumer trends. The new facility is expected to create 450 jobs with production beginning in late 2023.
“We are excited to be a part of the Warren County and Kentucky..."
Over 96% of Tyson Foods’ Active Workforce is Vaccinated
Tyson Foods announced today that it has achieved nearly full vaccination of its active workforce. President and CEO Donnie King released the news in a note to team members. The full note is below.
"Throughout the pandemic, your health and safety has been our top priority. We have used every tool at our disposal to help keep you safe. And getting vaccinated is the single most effective tool to protect you, your families, and our communities against the COVID-19 virus. That’s why we decided, in August, to require all..."
NAMI: COVID Protections Kept Case Rates 98% Lower Than in General Population
The North American Meat Institute (Meat Institute) today released updated analysis of publicly available data on COVID-19 transmission, showing that comprehensive protections instituted since the spring of 2020 successfully lowered transmission among meatpacking workers and held case rates today to more than 98% lower than case rates in the general U.S. population. Responding to a hearing of the U.S. House of Representatives Select Subcommittee on the Coronavirus Crisis, Meat Institute President and CEO Julie Anna Potts commented:
“Frontline meat and poultry workers were among the first impacted..."
Tyson® Brand Introduces Air Fried Chicken Bites
Tyson® brand is bringing more tasty options to the game-day table with its new Tyson® Air Fried Chicken Bites—the protein-packed snack you won't feel guilty serving your guests. Tyson Air Fried Chicken Bites have 75% less fat and 35% less calories than fast food breaded chicken options1, but with the same great taste and crunch of traditionally fried chicken.
Americans today want better-for-you versions of comfort foods, and Tyson Brand is meeting this trend by launching chicken bites in Spicy and Parmesan flavors that have...
America is Freezing Food at Record Rates
Americans have been freezing food at record rates these past two years, with a majority of people across the country (55%) saying they bought a second or even third freezer to house all the extra frozen food.
A recent survey* of 2,000 people across America revealed that some of the most common foods in freezers are vegetables, soups and sauces. And close to a third reported feeling ‘stressed,’ ‘uneasy,’ or ‘surprised’ when they open their freezer and see all the unused food; one-half say they have to waste their frozen food because...
Tyson Foods Unveils Hillshire Farm® SNACKED! to Meet Growing Demand for Kids Snacking
Tyson Foods, one of the world's leading protein producers, is taking on the $1 billion kids refrigerated, pre-packaged snack category with a new kids snack - Hillshire Farm® SNACKED! Building upon its powerhouse portfolio of protein brands and success in adult snacking, Hillshire Farm SNACKED! will give parents a versatile, on-the-go snack pack made with quality, trusted ingredients – made just for kids.
More than 76% of people, including children, eat two or more snacks every day. And when it comes to snack...
Tyson Foods Categorically Rejects Conclusions Drawn by White House
Tyson Foods categorically rejects the conclusions drawn by the Secretary of Agriculture and the Director of the National Economic Council in a White House press briefing.
The U.S. Department of Agriculture recently published a report detailing the drivers of consumer inflation in the food sector, none of which are related to industry consolidation or scale. The report can be found here.
Increase in Beef Prices due to Unprecedented Market Conditions
As we have explained in great detail to the U.S. Senate Committee on the Judiciary, in testimony provided in August 2021, which can...
Tyson Foods to Accelerate Brand Growth by Investing in Virginia
Tyson Foods will invest $300 million to build a new, fully-cooked plant in Danville, Virginia, company officials announced. The project is part of the company’s commitment to meet increasing demand and deliver on its strategy of accelerating long-term growth. The new facility is expected to create nearly 400 jobs when production begins in the spring of 2023.
“As consumers actively look to add more protein to their diets, Tyson is uniquely positioned as a category leader to meet that growing demand,” said Noelle O’Mara, President, Prepared Foods for Tyson Foods. “Our continued focus on consumer driven innovation will accelerate this momentum and...
Tyson Foods Reports Third Quarter 2021 Results
Tyson Foods, Inc., one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results:
First Nine Months Highlights
- GAAP EPS of $4.63, up 20% from prior year; Adjusted EPS of $5.98, up 61% from prior year- GAAP operating income of $2,487 million, up...
Tyson Foods to Require COVID-19 Vaccinations for Its U.S. Workforce
To protect team members, their families and their communities, Tyson Foods, is requiring its team members at U.S. office locations to be fully vaccinated by October 1, 2021. All other team members are required to be fully vaccinated by November 1, 2021, subject to ongoing discussions with locations represented by unions.
This action makes Tyson Foods the largest U.S. food company to require COVID-19 vaccinations for its entire workforce. Almost half of Tyson Foods’ U.S. workforce has been vaccinated and coronavirus infection rates among team members...
Tyson Fresh Meats Leader Testifies About Beef Industry at Senate Hearing
Shane Miller, group president of Tyson Fresh Meats, the beef and pork unit of Tyson Foods, testified about the beef industry during a hearing held today by the U.S. Senate Committee on the Judiciary. Below is Miller’s written testimony:
Chairman Durbin, Ranking Member Grassley, members of the Judiciary Committee, thank you for inviting me here today.
I proudly represent Tyson Foods, a company based in Springdale, Arkansas, and founded nearly a century ago by John W. Tyson, who started this business trucking chickens to markets across the Midwest...
Tyson Foods Integrating the Five Domains Animal Welfare Framework Across Global Operations
Tyson Foods is evolving its approach to animal welfare by integrating a new welfare framework across its global operations, known as the Five Domains.
Tyson’s Office of Animal Welfare plays an important role in ensuring the company’s vision for animal welfare becomes a reality: to be the world leader in animal welfare through compassionate care based in sound science. Part of being a leader means being open to creative thinking, innovation, and evolving knowledge and practices. The Five Domains, as devised by Professor David Mellor and colleagues...
Tyson Foods Joins McDonald’s in Mutual Commitment to Diversity, Equity and Inclusion
Tyson Foods announced that it has joined the McDonald’s Mutual Commitment to Diversity, Equity and Inclusion (MCDEI). Tyson’s employee base is enormously diverse, with more than 50 languages spoken by team members across the company’s U.S. business. Today’s announcement follows the company’s longstanding and publicly stated commitment to diversity, also a part of its core values.
As an early adopter of the MCDEI, Tyson Foods will continue to advance diversity, equity and inclusion by committing to actions like setting representation goals, conducting education and training, increasing...
Albertsons Expands Recall on Items Containing Chicken as Part of Tyson Foods Recall
Albertsons Companies announces the removal of additional items containing chicken as part of the recall initiated by Tyson Foods, Inc. The product has the potential to be contaminated with Listeria monocytogenes. On July 4, 2021, Albertsons Companies announced a removal of certain Signature Café Shredded Roasted Chicken that was also supplied by Tyson Foods. Tyson Foods’ recall announcement can be found here.
The affected Tyson product was produced at one plant located in Dexter, Missouri, between December 26, 2020 and April 13, 2021, and distributed to foodservice and retail customers nationwide and...
General Mills Completes Acquisition of Tyson Foods’ Pet Treats Business
General Mills announced that it has completed the acquisition of Tyson Foods’ pet treats business for $1.2 billion in cash. The business, which includes the Nudges, Top Chews and True Chews brands, is the leader in natural meat treats for pets.
“This acquisition represents an important step as we reshape our portfolio for growth, in line with our Accelerate strategy,” said General Mills Chairman and Chief Executive Officer Jeff Harmening. “This business is a wonderful complement to...
Tyson Foods Voluntarily Recalls Frozen, Fully Cooked Chicken
Tyson Foods is voluntarily recalling approximately 8.5 million pounds of frozen, fully cooked chicken. Tyson has been working closely with the U.S. Department of Agriculture on this recall, and while there is no conclusive evidence that the products were contaminated at the time of shipment, the voluntary recall is being initiated out of an abundance of caution.
The affected products were produced at one plant located in Dexter, Missouri, between December 26 of 2020 and April 13 of 2021 and distributed to foodservice and retail customers...
Tyson Foods’ Finney County Plant Completes Water Stewardship Certification
Tyson Foods’ Finney County plant has officially been certified under the Alliance for Water Stewardship (AWS) standard by international third-party certification body SCS Global Services (SCS), making Finney County the first and only meat processing plant in the US certified under the AWS standard. Implementation of the standard is intended to achieve five main outcomes of good water stewardship at the site: good water governance; sustainable water balance; good water quality status; important water related areas; and safe water, sanitation, and hygiene for all.
“We are proud of our work to implement water stewardship practices in Finney County and our recent certification under the Alliance for Water Stewardship standard is...
Tyson Foods' Raised and Rooted Launches New Plant-based Bites
Raised & Rooted™ brand, Tyson Foods’ brand of plant protein products, is launching new Plant Based Bites. The snackable bites meet the growing demand and desire for plant-based products with delicious taste and fan favorite flavors.
Available in Buffalo and Sweet Barbecue varieties, the bites are made with 100% plant-based protein, have 8g of protein per serving, and 3g of fiber.
“Our new plant-based bites deliver the taste that will wow taste-buds in a better-for-you alternative,” said David Ervin, vice president of marketing, Raised & Rooted. “We are excited to continue to...
Tyson Foods Targets 2050 to Achieve Net Zero Greenhouse Gas Emissions
Tyson Foods announced its ambition to achieve net-zero greenhouse gas (GHG) emissions across its global operations and supply chain by 2050, including scopes 1, 2 and 3. As the first U.S.-based protein company to have an emissions reduction target approved by the Science Based Targets initiative (SBTi), this ambition, in conjunction with the release of the company’s fiscal year 2020 (FY20) Sustainability Progress Report, underscores the company’s commitment to help combat the urgency of the growing climate change crisis.
“At Tyson Foods, we believe progress requires accountability and transparency and we are proud to exemplify that as we work to achieve net-zero greenhouse gas emissions by 2050,” said John R. Tyson, Chief Sustainability Officer, Tyson Foods. “As the first U.S.-based protein company in the food and beverage sector to have...
Tyson Foods Debuts New Plant-Based Products, First Pride Brand in Asia Pacific
Tyson Foods is launching a new line of plant-based products in select retail markets and e-Commerce across Asia Pacific under the brand, First Pride™.
This is the first time the company has introduced plant-based products in Asia, as it works to make protein more accessible and affordable for more people around the world. Tyson Foods is initially launching the products in Malaysia and will roll them out to other markets in the region in the coming months.
Plant-based options have seen a rise in popularity across the region in recent years and have further accelerated during...
Tyson Foods Announces Donnie King to Succeed Dean Banks as President and CEO
Tyson Foods announced that Chief Operating Officer Donnie King has been named President and Chief Executive Officer, effective immediately. Current President and CEO Dean Banks is leaving the company and board for personal reasons.
“The board and I know that Donnie has a deep understanding of our business, values and culture and the solid leadership skills needed to continue to implement our strategy and deliver strong results,” said John H. Tyson, chairman of the board. “We want to express our appreciation to Dean for his contributions as...
New Tyson Chicken Sausage Arrives in Time for Summer
Firing up the grill this summer just got more exciting with new Tyson Chicken Sausage.
A recent survey found nearly 60 percent of Americans wish there were more sausage options available when grilling. With different flavor combinations, new Tyson Chicken Sausage offers a flavorful solution whether people are firing up the grill or looking for a dinner fix.
Currently available in three varieties including Hot Italian, Mild Italian and Sweet Italian, the new sausages provide...
General Mills Acquires Tyson Foods' Pet Treats Business for $1.2 Billion
General Mills announced that it has entered into a definitive agreement to acquire Tyson Foods’ pet treats business for $1.2 billion in cash in a transaction that provides an estimated tax benefit of $225 million, equating to an effective purchase price of $975 million. The business, which includes the Nudges, Top Chews and True Chews brands, is the leader in natural meat treats for pets.
“This acquisition advances our Accelerate strategy and further reshapes our portfolio for growth by adding an attractive business to our fast-growing Pet platform,” said General Mills Chairman and Chief Executive Officer Jeff Harmening. “Today’s announcement reinforces our commitment to using all...
Tyson Foods Reports Second Quarter 2021 Results
Tyson Foods, one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results:
First Six Months Highlights
Raised & Rooted Brand Launches New Products Bringing Plant-Based Options to Grills this Summer
Raised & Rooted brand, Tyson Foods’ brand of plant protein products, is expanding its offerings with three new products to meet the increased demand for plant-based protein options. The new plant-based burger patties, Bratwurst and Italian sausages, and ground are available in the refrigerated section of grocery stores nationally.
“Our products are plants made meatier, and deliver the same delicious flavors, in a better-for-you alternative,” said David Ervin, vice president of marketing, Raised & Rooted. “We are excited to...
Tyson Foods to Expand Arkansas Poultry Operation
Tyson Foods will invest $48 million as part of its commitment to accelerate the long-term growth of its poultry business and continued success of its Pine Bluff, Arkansas, poultry plant, company officials said. Nearly 70 jobs will be created by the project, which is expected to be complete by late 2021.
“The demand for convenient, high-quality chicken products continues to grow and we’re investing in projects that meet the needs of our customers and consumers,” said Donnie King, Chief Operating Officer and Group President, Poultry for Tyson Foods. “We’d like to thank the...
Tyson Foods Extends On-Site Vaccinations to Employee Families, Households
Expanding on its successful vaccination efforts in communities across the country, Tyson Foods, Inc. will now be among the first to extend onsite COVID-19 vaccinations to family members of employees as well as others living in their homes. Vaccines will be available, per state and local guidelines, to these extended groups at all future Tyson Foods vaccination events.
The expanded benefit, believed to be one of the first of its kind, started recently at Tyson Foods vaccination events in Indiana, Illinois, Oklahoma, Texas, and Virginia, where team members, as well as...
Tyson Foods Joins Cattle Traceability Program
Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods, Inc., is putting its support behind a cattle disease traceability program called U.S. CattleTrace.
This makes Tyson the first beef processor to invest in membership in the program, which was formed by multiple state cattlemen’s organizations to develop a national infrastructure for animal disease traceability in the U.S. cattle industry. The program is expected to assist animal health officials with an effective and quick disease response within the U.S. cattle herd in the event of a foreign animal disease occurring in the U.S., which is...
Tyson Foods Invests $425 Million in New Tennessee Poultry Complex
Tyson Foods along with local, state and federal officials met Thursday to officially open the company’s new poultry complex in Humboldt, Tennessee. The $425 million project, which includes a processing plant, feed mill and hatchery, represents Tyson’s biggest investment in Tennessee and the single largest corporate investment ever in Gibson County.
“We’re pleased to add to the growth in Gibson County with the opening of our new 370,000 square foot processing facility,” said Dean Banks, President and CEO, Tyson Foods. “We appreciate the support of all those who played a role in making this facility possible—the local community, county, state and...
Tyson Foods' Ball Park Introduces Fully Loaded Nacho Cheese Franks
The weather is warming, sounds of the ballpark are back in swing, and there’s a new frank on the team. Introducing the new Ball Park® Fully Loaded Nacho Cheese Franks, a summer flavor mashup in one frank that fans can enjoy at home.
A recent survey found hot dogs are the most-loved foods at stadiums and arenas, with nearly half of American adults indicating that hot dogs are among their favorite foods to eat when visiting a large sports or event space. The next-most popular foods at stadiums and arenas include nachos and popcorn.
With the new Fully Loaded Nacho Cheese Franks, consumers don’t have to choose between their favorites. Available starting this month, the franks are made with...
Washington Man Pleads Guilty to $244 Million Ghost-Cattle Scam
A Washington man pleaded guilty to defrauding Tyson Foods Inc. (Tyson) and another company (Company 1) out of more than $244 million by charging them under various agreements for the purported costs of purchasing and feeding hundreds of thousands of cattle that did not actually exist.
According to court documents, Cody Allen Easterday, 49, of Mesa, used his company, Easterday Ranches Inc., to enter into a series of agreements with Tyson and Company 1 under which Easterday Ranches agreed to purchase and feed cattle on behalf of Tyson and Company 1. Per the agreements, Tyson and Company 1 would advance Easterday Ranches the costs of buying and raising the cattle. Once the cattle were slaughtered and sold at market price, Easterday Ranches would...
A Look at the Role of Automation and A.I. in Protein Processing
A recent report from Boston Consulting Group (BCG) highlights why agribusiness companies should implement automation and artificial intelligence (AI) into their businesses as COVID-19, labor costs and other challenges impact the sector.
Authors from BCG, Decker Walker, head of agribusiness at Boston Consulting Group, Jonathan Van Wyck, member of the Industrial Goods practice at Boston Consulting Group, Helena Nannes, Project Leader and David Pérez, Stockholm make the case for an increase in digital operations.
The report notes labor costs, labor turnover, food loss and waste and workplace safety as reasons to implement more automation in agriculture..
Tyson Foods to Hold Employee Vaccination Event at Dakota City Beef Plant
Tyson Foods, Inc. is expanding its free, onsite COVID-19 vaccinations to team members working at its Dakota City, Nebraska, beef plant, the largest of its six U.S. beef operations. March 26, the company will hold a vaccination event to ensure the company’s more than 4,000 Dakota City employees have convenient access to the vaccine.
The vaccines are being provided in conjunction with the local health department. Food manufacturing workers are among the priority groups now eligible for vaccination in Nebraska.
“We’re pleased to offer our team members convenient access to the vaccine and are committed to a long-term strategy that ensures any team member...
Tyson Foods Expanding Case-Ready Meat Production with South Carolina Plant
As part of its strategy to increase production of consumer ready products, Tyson Foods, Inc. is expanding its case-ready meats business by repurposing plant capacity in South Carolina.
The company plans to reopen an idle Tyson-owned facility in Columbia and convert it into a meat-cutting facility that will produce retail ready, portioned packages of sliced, fresh beef and pork, as well as ground beef, for grocery and club stores in the eastern U.S.
“We’re pleased to bring operations back to Columbia and are very grateful for the strong state and local support we’ve received for this project,” said Nate Hodne, senior vice president and general manager of the...
Tyson Foods Plans 19 Employee Vaccination Events Across Arkansas
Tyson Foods, Inc. is expanding its free, onsite COVID-19 vaccinations to all team members in the state of Arkansas, where 20 percent of the company’s U.S. workforce is based. March 15 through April 2, the company will hold 19 vaccination events to ensure the company’s 24,000 Arkansas employees have convenient access to the vaccine.
The vaccines are being provided in conjunction with Matrix Medical, local health departments and other healthcare providers where food processing workers are among the priority groups now eligible for vaccination...
Tyson Foods to Vaccinate Thousands of Workers in Arkansas, Kansas and North Carolina
Tyson Foods, Inc. will offer free, onsite COVID-19 vaccinations this week to thousands of frontline team members in Arkansas, where 20 percent of the company’s U.S. workforce is based, as well as Kansas and North Carolina. The vaccines are being provided in conjunction with Matrix Medical and local health departments in each of the three states, where food processing workers are among the priority group now eligible for vaccination.
“We’ve been working with Matrix Medical and health department officials to prepare for this moment and we’re ready,” said Tom Brower, senior vice president of Health and Safety for Tyson Foods. “We’re pleased to offer our team members convenient access to the vaccine, and we appreciate state leaders recognizing...
Tyson Foods to Vaccinate Thousands of Iowa Workers
Tyson Foods, Inc. will offer free, onsite COVID-19 vaccinations to thousands of frontline team members at its Iowa plants this week. The vaccines are being provided in conjunction with local health departments across the state of Iowa, where food processing workers are among the priority group now eligible for vaccination.
“We’ve been working with Matrix Medical, Hy-Vee and health department officials across Iowa to prepare for this moment and we’re ready,” said Tom Brower, senior vice president of Health and Safety for Tyson Foods. “We’re pleased to offer our team members convenient access to the vaccine, and we appreciate the state of Iowa recognizing...
Tyson Foods Accelerates Change to Operate at the Speed of the Market
Tyson Foods announced that the company is making organizational changes designed to improve operational agility, customer experience and speed of innovation to market, ensuring that all businesses are well-positioned to adapt to a dynamic environment.
“Consumer preferences are changing and evolving at a rapid pace,” said Dean Banks, president and chief executive officer of Tyson Foods. “We must accelerate our pace of change to not only meet but exceed our customers’ expectations while delivering...
Tyson Foods Provides Additional Incentive for Frontline Workers to Be Vaccinated Against COVID-19
Tyson Foods, Inc., is providing an additional incentive for frontline workers to get vaccinated against the coronavirus. The company, which already offers free, on-site COVID-19 vaccinations at its U.S. plants, consistent with prioritization regulations and as vaccine supplies become available, has announced it will also compensate workers for up to four hours of regular pay if they are vaccinated outside of their normal shift or through an external source.
Several hundred Tyson Foods team members, mostly health service staff and workers over the age of 65, have already been vaccinated. The company expects about 1,000 frontline workers in...
Shifting Trends See Global Food Giants Ramp Up Their Plant-based Offerings
The past few years have seen plant-based meat and dairy alternatives go from a niche product to a mainstream trend, and finally to a mainstay in the food industry. Now that the average consumer has had the opportunity to try plant-based alternatives, the market has spoken and plant-based foods are taking a much larger role in the food industry in 2021.
Plant-based offerings are being added to the lineups of the world's largest food producers, multinational restaurants and cafes, and to important segments like the infant nutrition space. It's clear that the largest players in the food industry like Tyson Foods, PepsiCo, Starbucks Corporation, and Yum! Brands, along with innovative plant-based foods companies like...
Jimmy Dean Introduces New Breakfast Bites
Jimmy Dean is introducing two new breakfast favorites in the form of warm, poppable bites. New Jimmy Dean Loaded Sausage Bites and Jimmy Dean Omelet Minis are made with premium, signature seasoned Jimmy Dean breakfast meats, real eggs and cheese and are served in a convenient single-serve cup, ready to enjoy in seconds at home or on-the-go.
"Breakfast habits continue to change as families navigate new routines," said Chris Olson, senior brand manager, Jimmy Dean brand. "At the start of 2020, people were cooking every meal at home, including breakfast. Over time, however, peoples' energy for making multiple fresh meals throughout the day has waned, with...
Energy Technology Executive Elected to Tyson Foods Board of Directors
Maria Claudia Borras has been elected to the board of directors of Tyson Foods, the company announced.Borras is executive vice president of Oilfield Services at BAKER HUGHES, an international energy technology company, where she leads the company’s largest business segment with more than 26,000 employees and operations in 120 countries. She has served in other executive and management roles at Baker Hughes and was also previously...
Foodservice and Retail Get Creative for an Unprecedented Valentine’s Day
While the pandemic has caused disruptions to gatherings and going out, there remains a special significance around Valentine’s Day. Consumers are committed to celebrating the holiday, even if traditional celebrations must be altered. According to the National Retail Federation, about 52% of adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 billon.Nearly three-quarters of consumers celebrating the holiday this year feel it is important to do so given the current state of the pandemic. The virus is still a focus, with 74% indicating it will directly impact their plans for the holiday. About 24% of consumers plan to gift their loved one with an evening out, the lowest in...
Tyson Foods Reports First Quarter 2021 Results
First Quarter Highlights
Tyson Foods and Malayan Flour Mills Berhad Announce Partnership
Tyson Foods and Malayan Flour Mills Berhad announced a partnership in which Tyson Foods will invest in the Malaysia-based company’s vertically integrated poultry business, which will add more supply flexibility for both companies. The transaction is subject to approval by the shareholders of Malayan Flour Mills Berhad (MFM), amongst others.
“Once completed, the poultry deal will optimize our existing Malaysia business and expand MFM’s poultry business,” said Chris Langholz, International President of Tyson Foods. “This partnership will add...
Tyson Foods to Launch New Career Development Program for Frontline Workers
Tyson Foods, Inc. is launching Upward Pathways, an in-plant career development program that provides frontline team members with job skills training and workforce certifications at no cost.
The program will be piloted at ten of the company’s plant locations and is a partnership between Tyson, adult education providers and community colleges to establish a standardized promotional pathway for team members.
Classes are currently available to workers at the company’s...
New Program Assesses, Verifies Effectiveness of Tyson Foods’ COVID-19 Risk Mitigation Efforts
Tyson Foods, Inc. is piloting a new MATRIX MEDICAL NETWORK® (Matrix) program that assesses, addresses, verifies and monitors the effectiveness of the company’s efforts to protect workers from COVID-19.
More than a dozen Tyson Foods plant locations, including some of the company’s largest facilities, are participating. Six have already received safety verification and seven more are in the process of being assessed.
The MATRIX CERTIFICATION PROGRAM was developed in collaboration with CLEVELAND CLINIC, one of the nation’s largest health systems, and is designed to help verify and monitor that...
Urner Barry Releases January Soy & Wheat Report
Urner Barry Releases January Pulse Protein Report
SAVE THE DATE! Announcing Urner Barry’s 2022 Executive Conference
Urner Barry's Winter 2022 Reporter Issue Released; Read It Online For Free Now
Urner Barry Releases December Emerging Plant Protein Report