Tyson Foods Combines Prepared Foods and Growth Team to Drive Value of World Class-Brands

Tyson Foods (NYSE: TSN) recently announced it will combine its Prepared Foods business unit with the company’s Growth organization. Melanie Boulden has been named Group President of Prepared Foods, an expansion of her current role as Chief Growth Officer at Tyson Foods. This approach will directly support the company’s vision and strategy focused on value creation, continued growth and the customer and consumer experience. Boulden will now oversee Tyson Foods’ broad retail, foodservice and ecommerce portfolio which includes the company’s beloved brands such as...

Tyson Foods and Gatik to Deploy Autonomous Trucks in Northwest Arkansas to Optimize Efficiency 

Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies, and Gatik AI, Inc. (Gatik), the leader in autonomous middle mile logistics, announced a multi-year collaboration to deploy autonomous refrigerated box trucks to bolster Tyson routes in Northwest Arkansas. Operating 18 hours a day, trucks will deliver Tyson®, Jimmy Dean® and BallPark® products, among others, to the company’s distribution and storage facilities in the Rogers and Springdale, Arkansas areas.

The deployment will introduce Gatik trucks equipped with commercial...

Nearly 400 Workers to be Impacted by Tyson's Corydon Plant Closure

Earlier this week, Tyson Foods, Inc., one of the world’s largest food companies, announced that it is closing four of its U.S. chicken plants located in Arkansas, Indiana, and Missouri. The closures are expected to take place in early 2024. 

In a Worker Adjustment and Retraining Notification Act (WARN) notice filed with the Indiana Department of Workforce Development on Monday, Tyson said that the closure of its Corydon chicken processing plant will impact about 368 team members.

The workers will be permanently terminated beginning on or about...

Tyson Foods Completes Acquisition of Williams Sausage Company

Today, Tyson Foods, Inc. completed the previously announced acquisition of Williams Sausage Company, Inc. of Union City, Tenn., furthering the company’s strategy to increase its capacity and product portfolio. To ensure the continuity of business operations, Emily Billingsley, Roger Williams’ daughter, will be responsible for the company’s operations.

“This acquisition aligns with our strategy to win with customers, augments our manufacturing capabilities, and expands our product portfolio,” said Stewart Glendinning, group president, Prepared Foods for Tyson Foods. “Williams Sausage Company brings real strengths in its brand, facilities, and direct store delivery network...

Tyson Foods Aims to Resume Slaughtering Pigs in Mid May at Nebraska Plant

Tyson Foods Inc plans to resume slaughtering pigs in mid-May at a Madison, Nebraska, pork plant damaged by fire two weeks ago, the meatpacker said on Tuesday.

The extended halt to slaughtering comes as weak consumer demand for pork and low prices are squeezing margins for meatpackers and hurting hog farmers.

Tyson is continuing to divert hogs to other pork plants that would normally be slaughtered in Madison since the April 23 fire, spokesperson Liz Croston said. The Madison plant is doing limited...

Tyson Foods Shares Shed Nearly 16% Following Q2 Loss

U.S. stocks closed mixed on Monday and are lower so far Tuesday as traders continue to digest the recent developments from major corporations including Tyson Foods and S&P 500 company Catalent, Inc. 

The Dow Jones Industrial Average closed 0.2% lower yesterday while the S&P 500 was fractionally higher. The Nasdaq Composite gained 0.08% on Monday but has since turned weaker in early trading action Tuesday. The indices rounded out last week with gains following the latest U.S. jobs data, which showed 253,000 jobs added in April.

Shares of Catalent, Inc. lost over... 

NW Natural Begins Producing RNG at Second Tyson Foods Facility

NW Natural, a subsidiary of NW Natural Holding Company, and BioCarbN, a developer and operator of environmental infrastructure projects, began production at a second renewable natural gas (RNG) facility, as part of an innovative project partnership with Tyson Foods.

The facility is located in Dakota City, Nebraska, with NW Natural investing approximately $12 million to convert methane captured from the facility’s operations into RNG to heat homes and businesses. The first project began at Tyson’s Lexington, Nebraska operations in January 2022...

Tyson Foods to Eliminate 10 % of Corporate Jobs 

Tyson Foods Inc will eliminate about 10% of corporate jobs and 15% of senior leadership roles, Chief Executive Donnie King told employees on Wednesday. The layoffs are the latest cost-cutting move for the biggest U.S. meat company by sales as it grapples with declining profits and struggles to improve results in its iconic chicken business. Discussions with most affected employees are slated to take place this week, King said in a memo to employees seen by Reuters.

"We will drive efficiency by focusing on fewer initiatives with greater intensity...

Tyson’s NE Pork Processing Plant Remains Dark Indefinitely After Fire

Tyson's Madison, Nebraska pork processing plant remains dark following a fire at the facility over the weekend. 

The facility has an estimated daily slaughter capacity of around 8,000 to 9,000 head and was down yesterday. USDA estimated Monday’s hog slaughter at 469,000 head.

A reopening date for the facility has not yet been announced. Some industry sources expect the plant to be offline for the remainder of the week and possibly into next, depending on how long repairs will take.

The cause of the fire remains under investigation. Two workers were said to be injured, based on local media reports...

Tyson Foods and C.R. England Work with Kodiak Robotics to Utilize Self-Driving Trucks

Kodiak Robotics, Inc., a leading self-driving trucking company, today announced a partnership with C.R. England, Inc., one of the nation’s leading truckload carriers. To kick off the partnership, the companies have launched a pilot program to autonomously ship Tyson Foods products between Dallas and San Antonio, Texas. The deliveries will launch in April using Kodiak self-driving trucks and C.R. England refrigerated trailers. Safety drivers will be in the trucks in the initial stages of the pilot.

Testing by Kodiak...

Tyson Brand Introduces Chicken Sandwiches and Sliders

Tyson brand knows that when a craving hits, you need to satisfy it instantly. That's why the chicken leader is bringing Instant Craveification to consumers everywhere. The new Tyson Chicken Breast Sandwiches and Sliders are available in Original and Spicy. The flavorful, restaurant-quality sandwich is ready in minutes, made with breaded, all-natural* white meat chicken and an artisan bun. The new product is available in the frozen snacks section at retailers nationwide.

"It's now easier than ever for people to get the chicken sandwich they crave without leaving home...

Tyson Ventures Seeks Upcycling Startups for Annual Tyson Demo Day

Tyson Ventures, the venture capital arm of Tyson Foods (NYSE: TSN), has opened the call for applications to identify participants for the second annual Tyson Demo Day. The event will be held at Tyson Foods World Headquarters in Springdale, Arkansas, on July 11, 2023. This year’s theme of upcycling innovation aims to identify breakthrough upcycling technologies to help Tyson Foods and the industry reach sustainability goals.  

“We’re embracing the circular economy and putting waste to work,” said Tyson Ventures President and Tyson Foods Executive Vice President...

Tyson Foods Signs Agreement to Acquire Williams Sausage Company

Tyson Foods, Inc. (NYSE: TSN) has signed an agreement to acquire Williams Sausage Company, Inc. of Union City, Tenn., both companies announced today.

Williams Sausage Company employs approximately 500 team members and provides fresh and fully cooked sausage, bacon, and sandwiches to retail and foodservice customers.

“The addition of Williams Sausage Company aligns with our strategic intent of expanding our capacity to serve our customers,” said Stewart Glendinning, Group President, Prepared Foods for Tyson Foods. “We also look forward to welcoming Williams’ dedicated team members to the Tyson Foods family...

Tyson Foods Announces New Team Member Benefits

Tyson Foods announced today new changes and investments aimed at further intensifying U.S. team members relationships and enhancing workplace culture. Specifically, we are making changes to U.S. based policies and practices related to healthcare and overall wellness.

The company’s new policies and investments are in addition to recent compensation benefits. Tyson recently announced it invested more than $50 million in thank you bonuses and $100 million in wage increases for U.S. hourly workers over the past year.

Tyson Foods has invested more...

Tyson Foods Names Wes Morris Group President of Poultry

Wes Morris has been named president of Tyson Foods’ (NYSE: TSN) poultry business, effective January 27, the company announced today.

Morris has over 35 years of experience working in poultry and consumer sales. Morris first joined Tyson Foods in 1999 and held several leadership positions, including group vice president of consumer products, last serving as President, Prepared Foods Operations, for four years before retiring in 2017.

“Wes is a recognized leader who will help position us for continued success and the future growth of our chicken segment,” said Donnie King...

Tyson Nuggets of Love Chicken Nuggets are Back by Popular Demand with Expanded Retail Distribution

Tyson® Nuggets of Love™—the brand’s limited-edition release of heart-shaped chicken nuggets—are back by popular demand. This year, Tyson Foods has expanded distribution nationwide just in time for Valentine’s Day. These nuggets have gained popularity as a heartfelt way to celebrate Valentine’s Day with sweethearts, friends, and family by offering the same great taste fans know and love with a festive heart shape.

A recent survey1 found 84% of Americans say heart-shaped foods are a fun way to show...

Tyson Foods Appoints Adam Deckinger General Counsel and Secretary

Tyson Foods, Inc. (NYSE: TSN) announced today that Adam Deckinger has been named General Counsel and Secretary, effective immediately. Deckinger has been with the company since 2018, most recently serving as Senior Vice President, Head of Law and Compliance. Deckinger will report directly to Donnie King, President and Chief Executive Officer of Tyson Foods.

Deckinger will succeed Amy Tu, Chief Legal Officer & Secretary, who was named President, International & Chief Administrative Officer September 22, 2022.

Deckinger has more than 15 years of legal...

Tyson Foods to Create 400 Jobs at Caseyville Prepared Foods Plant

Tyson Foods has expanded its workforce projections for its Caseyville Prepared Foods facility, creating approximately 400 new team member positions to meet the growing demand for Hillshire Farm® and Jimmy Dean® grab-n-go snacking and breakfast items. This boost in facility team members is a result of the $180 million expansion currently in development. Seven state of the art production lines and 270,000 square feet will be added to the existing Caseyville facility to increase automated warehousing and robotics...

Tyson Chief Technology and Automation Officer Departs

Scott Spradley, Executive Vice President, Chief Technology and Automation Officer (CTO) of Tyson Foods departed the company, per a January 9 company stock filing.

The company said Spradley’s responsibilities will be assumed by members of Tyson’s Information Technology team.

Tyson also said Spradley may receive payments and further benefits following his departure. He will be entitled to receive a payment of $1,400,000, which is equivalent to two  times his annual base salary, a lump-sum payment of $211,538, payable in July 2023, accelerated vesting of a prorated portion of his remaining outstanding restricted stock with an aggregate value of approximately $486,451 as of January 9, 2023.

Tyson Foods Names Brady Stewart Group President of Fresh Meats

Tyson Foods today announced Brady Stewart as Group President, Fresh Meats, who will begin his new role at the start of the new year. Stewart will report to President and Chief Executive Officer Donnie King and will be responsible for strengthening the competitiveness of the company’s beef and pork businesses through innovation, technology, data and analytics. Stewart’s focus will also include optimizing business processes and building efficiencies in the operational and commercial activities of the business.

“Brady is a well-respected, proven industry leader who will help position...

Tyson Foods to Give Over 90,000 U.S. Hourly Team Members About $50 Million in Year-End Bonuses

Tyson Foods is saying thank you once again to more than 90,000 hourly team members across the U.S. 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 bonuses range from $300 to $700, and will be distributed starting mid-December.

In addition to year-end bonuses, Tyson is offering flexible work schedules at some facilities, and new and expanded benefits, services and resources for...

Tyson Foods Hosts Contract Poultry Farmer Advisory Council

Leadership Meets with Contract Poultry Growers for Insights and Listening Sessions

Tyson Foods leadership and the company’s Contract Poultry Farmer Advisory Council recently met to discuss issues most important to the farmers who grow chickens for Tyson. The meeting was held Nov. 8-9 and was the first council meeting after a two-year pause due to enhanced safety protocols during the pandemic.

“The success of Tyson Foods depends on the hard work and dedication of our contract growers. We also appreciate that animal husbandry isn’t simply a job..."

Tyson Foods Reports Fourth Quarter and Fiscal 2022 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:

Fiscal 2022 Highlights

• GAAP EPS of $8.92, up 7% from prior year; Adjusted EPS of $8.73, up 5% from prior year
• GAAP operating income of $4,410 million, up slightly from prior year; Adjusted operating income of $4,414 million, up 3% from prior year
• Total Company GAAP operating margin and...

Hillshire Farm® Brand Launches its Iconic Red Barn In the Metaverse

Hillshire Farm® brand, known for its farm-inspired craftmanship in every recipe, has entered the metaverse for the first time with its iconic Red Barn.

The barn features an interactive gaming experience in Decentraland, a 3D virtual world browser-based platform. Visitors of the Hillshire Farm™ barn will be greeted by a farmer-inspired non-playable character (NPC) who will share key locations to visit within the game and details about the quest. Users are challenged to build a sandwich as quickly as possible using ingredients...

Rancher Sentenced for Running $244 Million “Ghost Cattle” Scam

A cattle rancher in Washington was sentenced yesterday to 11 years in prison for defrauding Tyson Foods Inc. (Tyson) and another company (Company 1) out of more than $244 million by charging the victim companies for the purported costs of purchasing and feeding hundreds of thousands of cattle that did not exist.

According to court documents, Cody Allen Easterday, 51, 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...

Tyson Foods Builds its Future as OneTyson

Tyson Foods today announced plans to bring together all its corporate team members from the Chicago, Downers Grove and Dakota Dunes area corporate locations to its world headquarters in Springdale, Arkansas. The move will foster closer collaboration, enhance team member agility and enable faster decision making, positioning Tyson to win with its team members, customers, and consumers. Team members will begin the phased relocation in early 2023.

“Tyson’s diverse portfolio of products and brands provides us with an unmatched strategic advantage to serve our customers,” said Donnie King...

Tyson® Brand Launches Eerie-sistable Limited-Edition Halloween-Shaped Nuggets

No tricks, only treats! Just in time for the Halloween season, Tyson® brand is introducing Spooky Nuggets with the same scrumptious chicken nugget recipe fans know and love. The limited-edition Halloween nuggets come in three shapes: pumpkins, bats and ghosts. Made with 100% white meat chicken raised with no antibiotics ever, Tyson Spooky Nuggets are now available for a limited time through a giveaway on the brand's Instagram page.

"Our Fun Nuggets are a fan favorite, and we want to give people more ways to celebrate the..."

Tyson Foods Announces Changes to the Enterprise Leadership Team

Tyson Foods today announced three key changes to the company’s enterprise leadership team as part of its continuing effort to focus on the future while delivering operational excellence for its customers and consumers across the world.

Stewart Glendinning will transition from his current role as Executive Vice President & Chief Financial Officer at Tyson to take on the position of Group President, Prepared Foods. Glendinning joined Tyson Foods in 2017 from Molson Coors Brewing Company where he served as President & CEO, International.

John R. Tyson has been named Chief Financial Officer...