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Tyson Foods Invests in Lab-Grown Meat Producer Future Meat Technologies
May 4, 2018Tyson Ventures, the venture capital unit of Tyson Foods, has co-lead a $2.2m seed investment in Future Meat Technologies. Based in Jerusalem, Future Meat Technologies is a food tech company that is engaged in non-GMO production of ...
Tags: Tyson Foods, Meat
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Tyson Foods Explores Divesting Pizza Crust Business
Mar 29, 2018US meat processing company Tyson Foods is exploring the sale of TNT Crust, its pizza crust business, as part of its strategic focus on protein. Tyson Foods Prepared Foods group president Sally Grimes said: “We’re focused on ...
Tags: Tyson Foods, Pizza
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Tyson Foods to Launch Several New Products in 2018
Feb 23, 2018Tyson Foods said that it will launch several new products this year and modernize its $1bn brands as part of its transformation into a modern food company. Speaking at the 2018 Consumer Analyst Group of New York conference, Tyson Foods ...
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Tyson Foods Increases Stake in Beyond Meat
Dec 11, 2017Beyond Meat has closed a new financing round led by Cleveland Avenue, a venture capital firm founded by Don Thompson, former CEO of McDonald’s Corporation. “We see Beyond Meat as a strategic and compelling consumer-focused ...
Tags: Tyson Foods, Beyond Meat
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Tyson Foods Selects Tennessee for $300m Chicken Production Plant
Nov 22, 2017American meat processing company Tyson Foods has selected western Tennessee as the location of its new $300m chicken production complex. Tyson Foods had originally planned to construct the project in eastern Kansas, near Tonganoxie in ...
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Tyson Foods to Build $320m Chicken Plant in Kansas, US
Sep 8, 2017Tyson Foods has unveiled plans to construct a $320m poultry complex in eastern Kansas. A processing facility, hatchery and feed mill will be built near the city of Tonganoxie, in Leavenworth County, Production is anticipated to begin ...
Tags: Tyson Foods, fresh chicken
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IBM, Food Giants Form Blockchain Collaboration to Trace Food Contamination
Aug 28, 2017Technology giant IBM has collaborated with food giants across the globe over a blockchain solution in an effort to reduce food borne illness and get rid of food contamination. The consortium includes food companies Dole, Driscoll’s, ...
Tags: food contamination
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Tyson Foods to Invest $84m in Tennessee Poultry Plant Expansion
Aug 18, 2017American food giant Tyson Foods will invest $84m to expand its poultry plant in Tennessee, a move that will double its output capabilities and create over 300 jobs. The expansion project in Union City in Obion County which will begin this ...
Tags: Tyson Foods, chicken
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Tyson Foods Plans $59m Expansion for Pennsylvania Distribution Center
Jul 11, 2017Tyson Foods will invest $59.7m to expand its distribution center in Pottsville, Pennsylvania which would create more jobs, improve efficiency and support its growth plans. The project, which will begin this summer, includes construction ...
Tags: Tyson Foods, foodservice
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Tyson Foods Recalls Over Two Million Pounds of Chicken Products
Jun 13, 2017Tyson Foods is recalling about 2.4 million pounds of ready-to-eat breaded chicken products because of misbranding and undeclared allergens. The known allergen ingredient in the form of milk had come from one of the company's suppliers who ...
Tags: Tyson Foods, Chicken Products
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Tyson Foods Completes $4.2bn Acquisition of Advancepierre
Jun 12, 2017Tyson Foods has completed the acquisition of AdvancePierre Foods, a provider of ready-to-eat sandwiches, snacks and other food products, for about $4.2bn. The acquisition to expands its Tyson Foods’ portfolio of prepared foods and ...
Tags: Tyson Foods, sandwiches, snacks
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Tyson Foods to Acquire Sandwich Producer AdvancePierre for $3.2bn
Apr 28, 2017Tyson Foods has agreed to buy Ohio-based sandwich producer AdvancePierre Foods for about $3.2bn. The acquisition will expand Tyson Foods' portfolio of prepared foods and protein-packed brands. A subsidiary of Tyson Foods will offer to ...
Tags: Tyson Foods, Sandwich
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Tyson Foods Commits to Make Antibiotic-Free Chicken Products
Mar 1, 2017American food giant Tyson Foods has made a commitment to use only chicken with “no antibiotics ever” (NAE) in its consumer branded products. The commitment was announced by Tyson Foods president and CEO Tom Hayes while ...
Tags: Tyson Foods, Chicken Products
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Greencore Acquires Peacock Foods From Charlesbank Capital
Jan 10, 2017Greencore Group has acquired Peacock Foods from affiliates of Charlesbank Capital Partners for an undisclosed sum. Based in Geneva of Illinois, Peacock Foods provides packaging and supply chain management solutions to the consumer food ...
Tags: Greencore, Peacock Foods
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Sanderson Farms Faces Class Action Lawsuit for Allegedly Misleading Investors
Nov 14, 2016Sanderson Farms, an integrated poultry processing company, has been hit by a class action lawsuit filed in a US district court in New York for allegedly making misleading statements to its investors. Pomerantz, a law firm with presence in ...
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