TSN Tyson Foods Inc. Class A

Tyson Foods to Accelerate Brand Growth by Investing in Virginia

Tyson Foods to Accelerate Brand Growth by Investing in Virginia

Nearly 400 jobs to be created by $300 million project

DANVILLE, Va., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Tyson Foods (NYSE: TSN) will invest $300 million to build a new, fully-cooked plant in Danville, Virginia, company officials announced today. The project is part of the company’s commitment to meet increasing demand and deliver on its strategy of accelerating long-term growth. The new facility is expected to create nearly 400 jobs when production begins in the spring of 2023.

“As consumers actively look to add more protein to their diets, Tyson is uniquely positioned as a category leader to meet that growing demand,” said Noelle O’Mara, President, Prepared Foods for Tyson Foods. “Our continued focus on consumer driven innovation will accelerate this momentum and our investment in Danville-Pittsylvania County will help drive the long-term growth of the iconic Tyson brand.”

The company will construct a 325,000-square-foot, state-of-the-art facility, primarily for the production of premium quality, fully-cooked Tyson branded chicken products, including Any’tizer® Snacks and Chicken Nuggets. The company has committed to purchase 60 million pounds of Virginia-grown chicken over the next three years. The facility will be built in Cane Creek Centre, an industrial park jointly owned by the City of Danville and Pittsylvania County.

“When corporate partners reinvest in the Commonwealth, it is a strong endorsement of the many attributes that make Virginia the best state for business,” said Virginia Governor Ralph Northam. “Tyson Foods has been a major employer in Virginia for more than five decades and continues its growth trajectory with this new operation in Danville-Pittsylvania County, creating hundreds of quality jobs for the citizens of Southern Virginia. We look forward to many years of success.”

A video demonstrating the processes at a Tyson fully-cooked poultry facility can be found .

“Our company has been successfully working in the Commonwealth of Virginia for decades,” said David Bray, Group President of Poultry for Tyson Foods. “We’re thankful for the invitation to become a part of the Danville and Pittsylvania County communities, the support from both state and local leaders, and the presence of such a strong workforce in the region.”

The company employs more than 2,000 people across Virginia with an annual payroll of more than $76 million. Tyson Foods paid Virginia poultry growers more than $37 million in its 2020 fiscal year and estimates its total statewide impact to be $154 million. The company has processing operations in Glen Allen and Temperanceville.

It will be several months before the company will hire team members, but people who want to work for Tyson Foods are encouraged to frequently check the .

About Tyson Foods, Inc.

Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp®, and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the company has 139,000 team members. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit  to learn more.

Media Contact: , 479-290-6466

Newsroom: IR



EN
26/08/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Tyson Foods Inc. Class A

 PRESS RELEASE

Jimmy Dean® Named Official Breakfast Partner of Stagecoach, Bringing P...

Jimmy Dean® Named Official Breakfast Partner of Stagecoach, Bringing Protein-Forward Breakfast to America’s Largest Country Music Festival Partnership Introduces the Jimmy Dean brand to New Audiences and Highlights the Heritage of the Jimmy Dean Brand in Country Music Culture SPRINGDALE, Ark., March 10, 2026 (GLOBE NEWSWIRE) -- Tyson Foods announced today a new partnership that will introduce its iconic Jimmy Dean breakfast brand to the 2026 Stagecoach Country Music Festival as the Official Breakfast Partner, bringing the brand to the largest country music festival in the United States....

 PRESS RELEASE

Tyson Foods Strengthens Razorback Partnership with Landmark Athletics ...

Tyson Foods Strengthens Razorback Partnership with Landmark Athletics Sponsorship of All Varsity Sports Expanded partnership reinforces shared commitment to community, students, and nutritious protein SPRINGDALE, Ark., March 04, 2026 (GLOBE NEWSWIRE) -- Tyson Foods and the University of Arkansas Department of Intercollegiate Athletics announced today an expanded partnership, introducing one of the first ever jersey patch sponsorships and creating one of the most visible brand integrations in college sports. Beginning with the 2026-2027 athletic season, the Tyson Foods logo will appear ...

 PRESS RELEASE

Tyson Foods, Inc. Announces Pricing of Senior Notes Offering

Tyson Foods, Inc. Announces Pricing of Senior Notes Offering SPRINGDALE, Ark., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (the “Company” or “we”) (NYSE: TSN) announced today that it has agreed to sell $500 million aggregate principal amount of its 4.950% Senior Notes due 2036 (the “Notes”) in an underwritten public offering under its effective shelf registration statement. The offering is expected to close on February 20, 2026, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the offerings for general corporate purpose...

Moody's Ratings rates Tyson Foods senior unsecured notes Baa2

Moody's Ratings (Moody's) assigned a Baa2 rating to Tyson Foods, Inc.'s ("Tyson Foods" and "Tyson") $500 million of 10-year senior unsecured notes being offered today. The company intends to use the net proceeds of the offering for general corporate purposes including the partial repayment of its $8...

 PRESS RELEASE

Tyson Foods Announces Quarterly Dividend

Tyson Foods Announces Quarterly Dividend SPRINGDALE, Ark., Feb. 04, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Tyson Foods (NYSE: TSN), at a meeting on February 4, 2026, declared a quarterly dividend of $0.51 per share on Class A common stock and $0.459 per share on Class B common stock, payable on June 15, 2026, to shareholders of record at the close of business on June 1, 2026. About Tyson Foods, Inc.  Tyson Foods, Inc. (NYSE: TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. Tyson, it has grown under four generations of family lead...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch