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Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

Tyson Continues Plant Closures

11/13/2023

Tyson Foods will close further-processing plants in Jacksonville, FL. and Columbia, SC.  A spokesperson for the Company noted, “We are making the difficult decision to close two of our case-ready, value-added plants.”  The statement added, “We understand the impact of this decision and our team members and will make every effort to offer them opportunities to remain at other Tyson locations.”

 

The announcement by Tyson Foods follows decisions to close Van Buren, AR and Glen Allen, VA. poultry chicken processing facilities followed by a subsequent announcement to close plants in North Little Rock, AR., Corydon, IN. and Dexter, and Noel, MO.  An approximate ten percent reduction in head count was effected at the Wilkesboro, NC. complex as a result of decreased demand for chicken products.

 

The consolidation of facilities by Tyson required closure of a number of processing plants does not appear to be common to the industry and relates to the need of the Company to enhance return on investment and share price. Financial results for the fourth quarter and FY 2023 are reviewed in this edition


 
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