Tyson Foods: We’re Activating the Ingredients for More Growth

Tyson Foods, Inc. (NYSE: TSN) continues to meet changing consumer needs and is well-positioned for long-term, sustainable growth, company officials told investors and analysts today during Tyson Foods’ Investor Day at the New York Stock Exchange.

Chairman John Tyson, President and CEO Noel White and members of the company’s senior management team spoke at the event, which showcased the strength of Tyson’s diversified portfolio, execution of its long-term growth strategy, efforts to increase its value-added product offerings, continued innovation in food and sustainability, and expansion into new global markets.

“We’re poised for long-term growth because we understand consumers and can meet their needs through a broad portfolio of diverse products,” said White. “As we look ahead, prepared foods and value-added chicken are expected to be...

Tyson Foods Unveils Alternative Protein Products and New Raised & Rooted Brand

As part of efforts to expand its protein offerings, Tyson Foods, Inc. (NSYE: TSN) today introduced the company’s first plant-based and blended products, along with its new Raised & Rooted® brand. The initiative makes Tyson Foods the largest U.S. meat producer to enter the growing alternative protein segment with its own products.

TheRaised & Rooted brand was created to provide great-tasting plant-based and blended foods that are rooted in how people eat today. The initial products under this new brand, which will launch with several major retail customers this year, include plant-based nuggets as well as blended burgers made with a combination of beef and plants. In addition, the company’s existing Aidells® brand has launched Aidells Whole Blends™ sausage and meatballs, made with chicken and plant-based ingredients.

Tyson Foods expects to introduce additional alternative protein products through multiple customers and sales channels. This includes...

Tyson Foods Inc Recalls Ready-To-Eat Chicken Fritter Products 

Tyson Foods, Inc., a New Holland, Pa. establishment, is recalling approximately 190,757 pounds of ready-to-eat chicken fritter products that may be contaminated with extraneous materials, specifically hard plastic, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The frozen ready-to-eat chicken fritter items were produced on February 28, 2019. The following products are subject to recall...

Tyson Foods Completes Acquisition of Thai and European Businesses from BRF S.A.

Tyson Foods, Inc. (NYSE: TSN) announced today the successful completion of the acquisition of the Thai and European businesses from BRF S.A. The purchase includes four production facilities in Thailand, and one each in the Netherlands and the United Kingdom. These businesses build on the company’s growth strategy to expand offerings of value-added protein in global markets.

“The addition of this experienced and talented team combined with these businesses strengthens our capabilities and increases our reach to new markets. I’m glad to welcome them to the Tyson Foods family,” said Noel White, president and CEO of Tyson Foods. “We’re now strategically aligned to better serve customers in Europe, the Middle East, and Asia, building on our global strategy.”

It’s estimated that approximately 90 percent of global protein consumption growth will occur outside the United States, with 60 percent of the volume growth coming from...

Tyson Foods Names Noelle O’Mara Chief Marketing Officer

O’Mara, who has more than 17 years of food marketing experience, joined Tyson Foods in April 2016 as vice president, new business models. She most recently served as general manager and senior vice president of two of the company’s billion dollar brands, Jimmy Dean^® and Tyson^®.

In her new position, O’Mara reports to President and CEO Noel White and is responsible for innovation and brand building across the enterprise to support the company’s overall growth strategy. This includes overseeing consumer insights and analytics, research and development, innovation and marketing effectiveness...

Tyson Foods Accelerates Programs to Meet Ambitious Sustainability Goals

Tyson Foods (NYSE: TSN) released its 2018 sustainability report today, demonstrating progress and increased transparency across key sustainability measures, including farming practices, worker health and safety, hunger relief and more.

The company accomplished the following in 2018:

• Workplace Safety: More than doubled its 10 percent year-over-year commitment to reduce OSHA recordable workplace injuries and illnesses (a 22 percent decline).
• Team Member Education: Expanded Upward Academy, a language and life skills education program, to 33 plant locations...

Tyson Foods Inc Recalls Chicken Strip Products 

Tyson Foods, Inc., a Rogers, Ark. establishment, is recalling approximately 11,829,517 million pounds of frozen, ready-to-eat chicken strip products that may be contaminated with extraneous materials, specifically pieces of metal, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The frozen, ready-to-eat chicken strip items were produced on various dates from Oct. 1, 2018 through March 8, 2019 and have “Use By Dates” of Oct. 1, 2019 through March 7, 2020. The following products are subject to recall...

Tyson Foods Reports Strong Second Quarter Fiscal 2019 Results

Tyson Foods, Inc. (NYSE: TSN), 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

• GAAP EPS of $2.67, down 49% from record prior year (prior year included a one-time tax benefit of $2.71)
• Adjusted EPS of $2.78, down 10% from record prior year
• GAAP operating income of $1,442 million; Adjusted operating income of $1,495 million
• Total Company GAAP operating margin of 7.0%; Adjusted operating margin of...

Tyson Foods, Inc. Recalls Chicken Strip Products

Tyson Foods, Inc., a Rogers, Ark. establishment, is recalling approximately 69,093 pounds of frozen, ready-to-eat chicken strip products that may be contaminated with extraneous materials, specifically pieces of metal, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.

The frozen, ready-to-eat chicken strip items were produced on November 30, 2018. The following products are subject to recall ...

Tyson Fresh Meats and IdentiGEN Collaborate to Trace Beef Using DNA Technology

Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods, Inc. (NYSE: TSN), is collaborating with IdentiGEN to use DNA technology to trace beef back to the individual animal of origin. IdentiGEN’s signature DNA TraceBack® system will be a key tool to trace the cattle raised for Tyson’s Open Prairie® Natural Angus Beef.

A DNA sample from cattle entering the Open Prairie program will be used to trace the origin of individual cuts of beef as they move through the supply chain. The DNA TraceBack process is intended to assure customers that the Open Prairie beef products they buy were sourced from ranches where the cattle were raised to meet specific requirements, such as no antibiotics ever and no added hormones.

“This is about meeting growing demand for more transparency about how food is produced,” said Kent Harrison, vice president of marketing and premium programs at Tyson Fresh Meats. “Through DNA TraceBack, we’re providing ...

Tyson Foods First Major Company to Receive Poultry Handling and Transportation Certification

As part of its commitment to animal welfare, Tyson Foods, Inc. (NYSE: TSN) has implemented a third-party certification program to help ensure the proper handling and transportation of birds in its chicken business. The company is the first major chicken producer to implement Poultry Handling and Transportation (PHT) certification offered by the U.S. Poultry & Egg Association (USPOULTRY).

The PHT certification is in addition to the animal welfare training Tyson Foods already requires for frontline workers involved in handling and transporting live birds. PHT focuses on important areas such as ...

Tyson Fresh Meats Team Unveils New Chairman’s Reserve Prime Beef Offering and Fresh Look

February 28, 2019 Tyson Fresh Meats, the beef and pork experts™, is excited to reveal a new Chairman’s Reserve Prime beef offering and refreshed brand look. Chairman’s Reserve Meats is known for providing high-quality products.

“Our USDA Prime quality grade beef keeps in step with the exacting standards of our Prime Pork counterpart,” explained Ozlem Worpel, senior brand manager of Tyson Fresh Meats. The Prime Beef offering boasts strict specifications that require a Ribeye Area of 10 - 16 square inches and a hot carcass weight of less than 1,050 lbs. “It’s a welcome addition to an already-impressive portfolio.”

Chairman’s Reserve Meats now consists of Premium and Prime: a two-tier, dual-protein mix marked by different scoring specifications.

Along with an exciting new offering, the Chairman’s Reserve Meats team revealed a ...

Tyson Foods to Acquire Thai and European Operations from BRF S.A.

Tyson Foods, Inc. (NYSE: TSN) today announced a definitive agreement to acquire the Thai and European operations of BRF S.A. The $340 million (USD) purchase includes four processing facilities in Thailand, one processing facility in the Netherlands and one processing facility in the United Kingdom. This deal builds on the company’s growth strategy to expand offerings of value-added protein in global markets.

“As noted when we acquired Keystone Foods on November 30, we believe some of our biggest growth opportunities are in value-added foods and international markets,” said Noel White, president and CEO of Tyson Foods. “In addition to domestic benefits, the Keystone acquisition provided us with ...

Tyson Foods and EDF Launch Partnership to Accelerate Sustainable Food Production

Tyson Foods, Inc. (NYSE:TSN) and Environmental Defense Fund (EDF) today announced a new partnership to develop and deploy initiatives that support Tyson’s sustainability strategy and help meet increasing consumer demand for more sustainably grown food.

The partnership’s first project focuses on land stewardship and aims to pilot and scale agriculture practices on 500,000 acres of corn that reduce greenhouse gas emissions (GHG), improve water quality and maximize farmer profitability. This effort will also help Tyson meet its land stewardship goal of ...

Tyson Foods Announces Executive Changes following Keystone Acquisition

As part of the integration of recently acquired Keystone Foods and the company’s global growth efforts, Tyson Foods, Inc. (NYSE: TSN) today announced changes to the enterprise leadership team that reports directly to President and CEO Noel White, effective January 28, 2019. They include:

• Chad Martin, who has served as senior vice president and general manager, Beef Enterprise for Tyson Fresh Meats, is being promoted to group president, Poultry. Martin joined IBP, inc., which later became Tyson Fresh Meats, in 1996. He has since has held a number of management positions in the U.S. and Canada, previously serving as the vice president of strategy and margin enhancement of the company’s beef business.
• Donnie King, who previously worked as Tyson Foods’ president of North American operations, is returning to lead the company’s international business as ...

Tyson Foods Completes Acquisition of Keystone Foods

Purchase supports Tyson Foods’ valued-added and international growth strategies

Tyson Foods, Inc. (NYSE: TSN) has successfully completed the acquisition of Keystone Foods from Marfrig Global Foods. The purchase of Keystone, a leading supplier of chicken, beef, fish and pork to the growing global foodservice industry, aligns with Tyson Foods’ domestic and international growth strategy.

“Our biggest growth opportunities are in value-added foods and international markets. Our acquisition of Keystone helps us achieve both,” said Noel White, president and CEO of Tyson Foods. “The addition of Keystone’s team, industry expertise and international operations strengthens our capabilities. I’m pleased to welcome our newest team members ...

Jimmy Dean Brand Petitions Merriam-webster to Change the Definition of Sandwich

This National Sandwich Day, Jimmy Dean Brand Calls for Recognition of all Types of Sandwiches – Bread and Breadless Alike – in Honor of Jimmy Dean Delights® Egg’wich

The Jimmy Dean® brand believes the current definition of sandwich is stale. Americans’ culinary preferences are evolving, with more than one in three Americans* vowing to eat less bread in the new year. In fact, a recent study* found that half of Americans have eaten a breadless sandwich. Timed to National Sandwich Day (November 3) and the launch of the Jimmy Dean Delights® Egg’wich sandwich, Jimmy Dean brand is calling on Americans to help get all sandwiches a seat at the dictionary’s proverbial kitchen table – and SIGN A PETITION to update the definition of sandwich to represent both bread and breadless options...

Tyson Foods Expands OneEgg Partnership to Nepal, Honduras, and Ethiopia

One million children under 5 years of age in Nepal (or 36 percent of the population) suffer chronic malnutrition and 10 percent suffer from acute malnutrition. The difficulty in acquiring protein is a contributing factor to the nutrition gap in the south Asian country. In an effort to help combat those issues in Nepal, as well as Honduras and Ethiopia, Tyson Foods, Inc. (NYSE: TSN) announced today a series of grants to OneEgg, a non-profit organization that delivers eggs to children in need.

The investment in Nepal focuses on building the capacity of local farmers to supply eggs to 12 schools and 700 children, with a goal of reaching 7,000 children over the next two years. Employees of Cobb-Vantress, a wholly-owned subsidiary of Tyson Foods, will provide technical assistance and training to farmers and Tyson Foods will contribute...

Tyson Foods Deploys Disaster Relief Operations to North Carolina

Meals that Matter Mobile Relief Operations Sent with Cooking Teams

SPRINGDALE, Ark. -- In response to flooding in the aftermath of Hurricane Florence, Tyson Foods will send teams to prepare meals for those affected by and responding to the disaster.

A cook site will be set up in Fayetteville, North Carolina, at the Walmart store at 7701 S. Raeford Rd. Free, hot meals will be provided onsite beginning Thursday morning at 11 a.m. for anyone who is in need. In addition, a distribution network will be established with local authorities and disaster relief organizations to deliver meals to flood victims in the Fayetteville area.

Teams from Tyson Foods’ operations in Clarksville and Texarkana, Arkansas; Claryville, Kentucky; New Holland,...

Tyson Foods Names Noel White Chief Executive Officer, Succeeding Tom Hayes

SPRINGDALE, Ark.- Tyson Foods, Inc. on Monday announced its board of directors has appointed Noel White, formerly group president of Beef, Pork and International and a member of Tyson Foods’ enterprise leadership team, as president and chief executive officer, effective September 30, 2018. White, who will also join the board of directors, will succeed Tom Hayes, who is stepping down for personal reasons.

While not providing GAAP earnings per share (EPS) guidance, the company also reaffirmed its adjusted EPS guidance for fiscal 2018 of $5.70 to $6.00, as announced on July 30, 2018.

John Tyson, chairman of the board of directors, said, “Noel is a proven leader who has played an integral...

Tyson Foods Grant to Help Serve Hungry Neighbors

NASHVILLE, Tenn. – As part of Tyson Foods’commitment to support the communities it serves, the company announced today a $125,000 grant to Second Harvest Food Bank of Middle Tennessee. The investment will bolster the food bank’s ability to supply its agency partners and pantries with a variety of food through two projects.

The first project includes a $37,000 donation to fully fund twelve monthly mobile pantry distributions in Shelbyville, Tennessee, a Tyson Foods community. These monthly distributions are expected to deliver a total of 240,000 pounds of produce, dry goods and canned protein.

The second project includes $88,000 to assist in rebuilding Second Harvest’s eCommerce platform, AgencyLinkTN, anonline platform that allows Second Harvest’s network of 490...

Tyson Foods Selects FoodLogiQ to Connect Supply Chain

Leading protein-focused food company will leverage FoodLogiQ’s supplier management and reporting solutions

DURHAM, NC - Aug. 23, 2018 - FoodLogiQ, the leading SaaS provider of food safety compliance, whole chain traceability, and supply chain transparency solutions, announced today Tyson Foods has selected its FoodLogiQ Connect’s Manage + Monitor product for global supply chain visibility, streamlined supplier management, and quality issue tracking and reporting.

Tyson Foods boasts some of the most recognized brands on grocery store shelves today, including Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright Brand®, Golden Island®, Aidells®, and State Fair®, just to name a few.

Tyson Foods’ selection of FoodLogiQ Connect for its ...

Tyson Foods to Acquire Keystone Foods for $2.16 Billion

Expands Tyson Foods’ value-added protein capabilities serving key foodservice customers
Strengthens global presence in high growth international markets

SPRINGDALE, Ark-- Tyson Foods, Inc. on Monday announced it has reached a definitive agreement to buy the Keystone Foods business from Marfrig Global Foods for $2.16 billion in cash. The acquisition of Keystone, a major supplier to the growing global foodservice industry, is Tyson Foods’ latest investment in furtherance of its growth strategy and expansion of its value-added protein capabilities.

Headquartered in West Chester, Pennsylvania, Keystone supplies chicken, beef, fish and pork to some of the world’s leading quick-service restaurant chains, as well as retail and convenience store channels. Its value-added product portfolio includes chicken nuggets, wings and tenders; beef patties; and...

Peak Rock Capital Affiliate Signs Definitive Agreement To Acquire TNT Crust From Tyson Foods, Inc.

An affiliate of Peak Rock Capital, a leading middle-market private equity firm, announced today that it has signed a definitive agreement to acquire the TNT Crust business, a leading manufacturer and distributor of pizza crusts, from Tyson Foods, Inc.

Founded in 1981, TNT is a leading manufacturer and distributor of partially baked, self-rising, flat breads and other pizza crusts for the foodservice and retail channels. TNT has a diverse customer base, including blue chip national and regional restaurants, pizza manufacturers, and foodservice distributors. Headquartered in Green Bay, Wisconsin and operating out of two BRC-certified manufacturing facilities, the Company has built an excellent reputation in the industry for its outstanding product quality, innovative product solutions and unmatched customer ...

Walmart Foundation and Tyson Foods Invest in Region’s Inclusion Efforts

EngageNWA Shares Strategic Plan to Enhance Quality of Life and Economic Growth for All Residents

With strong financial support from Tyson Foods and Walmart Foundation, EngageNWA, which operates as part of the Northwest Arkansas Council, launched its strategic plan with the goal to enhance the region’s ability to ensure an inclusive and welcoming environment for everyone who makes Northwest Arkansas home.

Details of the four-year plan were announced today at a news conference at The Jones Center in Springdale. The plan includes initiatives to move Northwest Arkansas forward in five key areas: economic development, government, civic engagement, safe and connected communities, and education.

“The work by EngageNWA is a critical component ...