Tyson’s 2014 purchase of Hillshire Brands for nearly $8 billion continues to pay off for the largest meatpacking company in the U.S. and is a key part of the company’s strategy to focus on less commoditized products and diversify its portfolio. With exposure to chicken, beef, and pork plus a growing business in prepared foods and an eye toward international markets it’s well-positioned for the future even as it posts growing annual losses of $2.8 billion on revenues of $36.9 billion.
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News about Tyson Foods
The global health body warns of the development of drug-resistant superbugs.
The company has remained silent on animal cruelty.
Beyond Meat seeks to create plant-based alterantives to animal protein.
The complex will process 1.25 million birds per week to meet growing poultry demand.
They want to make their supply chains safer.