Tyson Mexican Original, a subsidiary of US-based Tyson Foods, has announced plans to expand its manufacturing facility in Portland, Indiana, with an investment of $5.3m, a move which will create about 13 new jobs by 2016. Tyson Mexican ...
US-based Tyson Foods has reported that its net income decreased by 42.77% to $95m for the second quarter of 2013, compared with $166m for the same quarter in 2012 due to higher feed costs even as shoppers and restaurants preferred cheaper ...
Tags: Tyson Foods, Net Income
US-based Tyson Foods is recalling approximately 127,000 pounds of uncooked breaded chicken tenderloins and uncooked chicken tenderloin fritter products as they contain soy that is not mentioned on the product label. According to the US ...
US meat giant Tyson Foods has said it is "optimistic" about its fiscal 2013 results, despite a second-quarter that was "more challenging than anticipated". Speaking at the Goldman Sachs 17th Annual Agribusiness Conference, Tyson COO James ...
Tags: meat giant, Tyson Foods, Foods
US meat giant Tyson Foods has acquired local tortilla, salty snack and pretzel maker Don Julio Foods. The deal expands Tyson's presence in the retail channel. Tyson is the second-largest tortilla maker in the US, although the majority of ...
Tags: meat giant, Tyson Foods, Don Julio Foods
US meat group Tyson Foods is expanding four of its plants in the country as part of a strategy to "add value" to their products. Tyson said it has spent US$40m on facilities in Texas, Tennessee, Virginia and Florida. "Tyson continues ...
Tags: meat plants, meat group, Tyson
US meat giant Tyson Foods said fiscal 2013 is off to "a good start" after it booked an increase in first-quarter earnings. Net profit in the three months ended 29 December amounted to US$173m, an 11% increase on last year, it reported ...
Tags: Tyson Foods, meat giant, profits
Steve Hankins CHARLOTTE, N.C. — Logistics provider Globe Express Services has hired Steve Hankins as executive vice president, chief financial officer and chief information officer. The company said Hankins, a former CFO of Tyson ...
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Japan has agreed to allow US imports of cattle aged up to 30 months from 1 February. This move comes after the food safety authorities stated that the decision would not increase health concerns. The new rule will allow the US exporters ...
Tags: Japan, US imports, cattle
Shares in Tyson Foods fell today (6 August) after the US meat giant lowered its forecast for annual sales and warned grain costs would weigh on profits in its next financial year. Tyson, which reported mixed third-quarter results today, ...
Tags: Tyson Foods, sahre, meat industry, grain cost, food industry
US meat giant Tyson Foods has booked a drop in full-year profits as the company battled increasing grain and feed ingredients costs. In the 12 months ended 1 October, net profit slumped to US$576m from $733m in the prior year, the ...
Tags: Tyson Foods, full year profit, meat industry, food industry
The North American meat-focused division of Sara Lee will attract acquisition bids when the company spins off its Europe-based coffee-and-tea division in the future. The new company, which is to be named Hillshire Brands, is expected to ...
Tags: meat-focused division, acquisition bids, coffee-and-tea division
US-based food company Tyson Foods is recalling approximately 67,269 pounds of packages labeled as Honey BBQ Flavored Boneless Chicken Wyngz because of misbranding and undeclared allergens,according to the US Department of Agriculture's Food ...
Tags: allergens, FSIS, label, complaints
Brazilian beef producer Marfrig plans to sell a stake in order to lower its mounting debts,in a move which is expected attract food companies as well as private equity firms. The company has appointed Brazilian bank Banco Itaúto ...
Tags: stake, debts, bidding, acquisition
US-based grocery stores Giant Food has announced that it has withdrawn two varieties of its boneless chicken wyngz due to undeclared milk,egg and soy on the ingredient label,following a recall by Tyson Foods. The products subject for ...