Meat Company News
Tyson Foods become a favored pick for investors in 2017 and has witnessed shares soar almost 32.6% this year, compared with its industry 's rally of 26.6%.
Tyson Foods has made an additional investment in plant-based protein producer Beyond Meat and increase its ownership stake.
Tyson Foods, largest US meat company, announced that it will build a new chicken plant in Tennessee and invest 300 million USD.
To grow at food service sector Tyson Foods has completed the acquisition of Original Philly Holdings, a producer of Philly-style sandwich steak and cheesesteak appetiser products.
Tyson Foods reported higher earnings and revenue and beating with this the analysts estimates, which is a result on strong demand for chicken and beef and lower costs to buy animal feed.
US meat processor Tyson Foods has officially opened on August 23 its new Incubation Technology Center in Springdale, Arkansas.