Tyson Foods’ focus on fundamentals and “operational improvements,” including previously shuttering six US plants and laying off employees to improve margins, is paying off as the meat-packer reports its most profitable quarter in nearly two years.
Tyson Foods’ multi-point plant to improve its performance, including “right-sizing” its footprint by shuttering older, less efficient chicken plants and several fresh meat case-ready facilities, is paying off as the protein packer reported better-than-expected...
Tyson Foods celebrated the much-anticipated grand opening of a new 325,000-square-foot fully-cooked food production facility in Danville, Va., last week – marking a significant milestone in its “bold,” multi-point plan to improve its performance, which...
Executives at the meat-packing giant Tyson Foods promised to leave “no stone unturned” as they root out inefficiencies and continue to modernize the business to offset persistent economic headwinds, volatile commodity markets and other operational challenges...
Meat-packing giant Tyson Foods is teaming with Dutch-based insect protein player Protix to expand production and use of more sustainable proteins and lipids from Black Soldier Fly Larva, including building a first of its kind, at-scale insect ingredient...
Part of Tyson Foods' Brazen line, the climate-friendly ground beef is produced from cattle enrolled in Tyson's Climate-Smart beef program, and exhibits a 10% reduction in greenhouse gas emissions according to Schweid & Sons’ press release.
Tyson Foods will shutter four more chicken facilities as part of a “bold,” multi-point plan to improve its performance, which has struggled for years to balance supply and demand and navigate falling prices and higher costs.
Protein giant Tyson Food’s branded foods business, including Hillshire Snacking, Jimmy Dean and Ball Park, was a bright spot in an otherwise “tough” second quarter marred by supply and demand imbalances, ongoing high costs and reduced consumer spending.
Tyson Foods remains optimistic about rebuilding the competitiveness of its chicken business, which includes its iconic eponymous brand, despite what the CEO called a “hit in the mouth” in the first quarter from weaker-than-expected demand for poultry...
The CEO of Tyson Foods defended the meat-packing company’s recent leadership shakeup, which included appointments that one investment analyst suggested were not as experienced as their predecessors, including that of a 32-year-old member of the Tyson...
The nation’s leading meat companies all got in on the action on meat alternatives, with investments in plant-based and cell-cultured meat startups and their own dedicated consumer brands. But with category sales weakening in recent months amid surging...
Higher grocery prices across categories are starting to take a toll on consumers as they pull back on premium cuts of meat, overall animal protein volume and seek less expensive, value options, Tyson Food executives reported during the company’s third...
As labor challenges continue to hold back Tyson Foods' ability to meet heightened demand, the firm is doubling down on efforts to become the ‘most sought-after place to work,’ while simultaneously investing in automation to relieve staffing needs.
Tyson Foods’ strong double-digit sales and profit in the first-quarter reported yesterday could intensify the Biden Administration’s scrutiny and criticism of what he calls the meat-packing industry’s anti-competitiveness.
Tyson Foods is aggressively repositioning itself as a sought-after workplace, investing in automation and other operational performance improvements and reinforcing its leadership position through marketing and innovation in order to reverse sharp earnings...
Tyson Foods said it will give approximately $50m in year-end bonuses to frontline and hourly team members for their ongoing efforts over the past year.
The Federal Trade Commission (FTC) is ordering nine CPG suppliers, retailers and wholesalers to share proprietary data about how they source, transport and distribute products as part of an investigation opened yesterday into the ongoing supply chain...
Tyson Foods is celebrating a better-than-expected fourth quarter thanks in part to “aggressive” pricing actions that buoyed sales and offset inflation, and a “bold” new productivity plan that seeks to bring the company’s operating income margin up to...
As the Delta variant of the coronavirus sweeps across the US, Tyson Foods said Tuesday that it would require its 120,000 US workers to be vaccinated against COVID-19 by November – making it the first major meat packer and largest food company so far to...
While demand for animal protein remains strong, says Tyson Foods, the company saw sales volumes decrease for its beef, chicken, and pork segments during Q2 2021 and for the first six months of fiscal 2021 driven by a variety of factors including severe...
Tyson Foods is investing $26m to expand production at its Wright Brand Bacon facility in Vernon, Texas. The expansion project is scheduled for completion in March 2021.
With a coronavirus vaccine on the horizon, many industry stakeholders are looking forward to gathering over drinks or dinner with business partners they haven’t seen in months, but not to talk shop as they might have before the pandemic.
Meat processing giant Tyson Foods threw its hat into the plant-based meat arena in 2019 with the nationwide launch of the Raised & Rooted brand, which is now available in 10,000+ US retail locations and select QSR outlets. But has it met expectations?
As lawmakers argue whether COVID-19 liability shields for employers should be built into the next stimulus package, Tyson Foods has told a court in Texas that it can’t be held liable for the death of one of its employees because his family can't...
Tyson Foods Inc. has issued a statement after an indictment by the Antitrust Division of the United States Department of Justice (DOJ) on June 2, charging multiple executives of other companies in the broiler chicken industry with conspiring to restrain...
Following recent high-profile claims that the food supply chain is buckling under pressure from the ongoing coronavirus pandemic, the Consumer Brands Association is teaming with more than 35 trade associations to address long- and short-term challenges...
As tensions – and lawsuits – mount in the meat industry as plants balance the need to protect workers with pressure to maintain the nation’s food supplies, food trade associations have urged Congress to move to protect essential businesses from ‘unfounded’...
The same day that Tyson Foods warned in full page newspaper ads that the coronavirus pandemic may disrupt the US food supply chain unless the government creates a “comprehensive, thoughtful” strategy for meatpacking facilities to remain open safely, the...
US processor Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods, has resumed limited operations at its pork plant in Columbus Junction, Iowa.
A wave of US meat processing plant closures due to coronavirus has sparked concerns among the supply chain with financial losses predicted to be as high as $13.6bn.
In its latest podcast, GlobalMeatNews caught up with Tyson Foods group head of poultry Chad Martin to discuss the opportunity that the trade deal between the US and China is expected to present.
Renewed consumer interest in convenient and filling breakfast products is accelerating Tyson Foods' legacy brand Jimmy Dean, which has grown total dollar sales at six times the rate compared to total food and beverage, according to Nielsen sales...
Tyson Foods has created a new, state-of-the-art facility in Springdale, Arkansas, where the company will develop new food manufacturing solutions leveraging automation and robotic technologies.
Pea-protein fueled nuggets under the new Raised & Rooted brand will roll out to 4,000 stores by the end of September, with blended burgers combining pea protein isolate and Angus beef to follow, Tyson Foods CEO and president Noel White told analysts...
Consumers' eating patterns tend to shift during the summer months, becoming more experimental and experiential with new items taking center plate such as meat-less burgers, blended proteins, ‘standalone’ side dishes, and all-day snacking, says Tyson...
The rapid spread of African swine fever across China, Asia and parts of Europe over the past year represents a double-edge sword for Tyson Foods, which is well-positioned with its diverse portfolio to capitalize on a worldwide decrease in pork supply,...
On its endeavor to be a leader in sustainable food production, Tyson Foods has partnered with the Environmental Defense Fund (EDF) to accelerate its environmental stewardship targets -- such as, reducing greenhouse gas (GHG) emissions 30% by 2030 --...
Food and beverage products that communicate a clear functional health benefit, sustainability story, explore alternative protein sources, or leverage technology to shorten the distance between a recipe and finished meal, are just some of the trends to...
Tyson Foods has acquired a stake in Tovala, a steam oven and gourmet food subscription service that delivers chef-prepped meals to customers, with the internet telling the oven how to cook them.
Tyson Foods has acquired a minority share in lab-grown meat firm Memphis Meats, a move that gives America’s biggest meatpacker a stake in two of the country’s hottest food start-ups.