TSN Tyson Foods Inc. Class A

Tyson Foods Announces Plans for Additional Production Facilities for Its International Business

Tyson Foods Announces Plans for Additional Production Facilities for Its International Business

Company expanding international production to continue its global growth strategy

SPRINGDALE, Ark., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) today announced plans to build new production facilities in China and Thailand, and expand its facility in the Netherlands. The latest expansions, adding over 100,000 metric tons of fully cooked poultry capacity, build on the company’s global growth strategy to become the leader in protein by serving emerging markets and strategic customers.

“Global population and income growth will continue to drive an increased need for protein,” said Dean Banks, president and CEO of Tyson Foods. “These investments allow us to increase our in-country operations and global export capabilities, helping us bring more safe, high-quality protein for consumers in these countries as well as for customers in other parts of the world.”

The expansions are expected to create many direct and indirect jobs as production starts in local communities. The new plant in China is expected to create more than 700 jobs and the European expansion will add more than 150 jobs. Thailand’s new plant, part of a long-standing joint venture with GFPT Public Company Limited, is expected to bring more than 1,000 jobs.

“We have been aggressively building our overseas presence servicing foodservice and expanding into retail with innovative products,” said Tyson Foods International President, Chris Langholz.

“Our team recently launched the Tyson® brand into key markets including in European foodservice and in Thailand retail through e-commerce. We invested in e-commerce platforms in Malaysia and Australia to meet consumer demand as COVID-19 accelerates e-commerce food delivery across the globe. The marketplace is changing, and we’re changing with it. We’ll continue to enhance our ability to serve growing global demand for value-added protein.”

Tyson Foods’ recent acquisitions and joint ventures have expanded the company’s international footprint in China and India to include Thailand, Malaysia, Australia, South Korea, Netherlands, and Brazil, giving the company access to demand through in-country production, as well as exports to many global markets. In FY19, the company generated $5.4 billion in international sales, which included U.S. export sales.

About Tyson Foods

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 141,000 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: , 479-290-2122

Category: IR, Newsroom

EN
10/11/2020

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

Hillshire Farm® Brings Flaky Stuffed Croissants and Ciabatta Deli Sand...

Hillshire Farm® Brings Flaky Stuffed Croissants and Ciabatta Deli Sandwiches to the Frozen Aisle SPRINGDALE, Ark., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Hillshire Farm is calling™! For the first time ever, consumers can find the brand they know and love in the freezer aisle. As part of Tyson Foods’ expanding portfolio, Hillshire Farm is bringing savory snacks to the freezer with the debut of Stuffed Croissants and Ciabatta Deli Sandwiches. From flaky, real-butter croissants to rustic ciabatta bread, the new culinary-inspired handhelds pair the Hillshire Farm lunch meats that consumers alre...

 PRESS RELEASE

Tyson Foods Announces Fourth Quarter Earnings Conference Call and Webc...

Tyson Foods Announces Fourth Quarter Earnings Conference Call and Webcast SPRINGDALE, Ark., Oct. 15, 2025 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) will release fourth quarter 2025 financial results on Monday, November 10, 2025. Management will host a conference call and webcast beginning at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). A press release and supplemental materials will be issued before the market opens that morning. WebcastA link for the webcast of the conference call will be available on the Tyson Investor Relations website: . Audio OnlyParticipants may join t...

Tyson Foods, Inc.: Update to credit analysis following outlook change ...

Our credit view of Tyson Foods reflects its good earnings diversification and product mix, constrained by its cyclical exposure, high capital needs and corporate governance weaknesses.

Moody's Ratings affirms Tyson Food's Baa2 ratings; outlook revised to...

Moody's Ratings (Moody's) today affirmed Tyson Foods, Inc.'s ("Tyson Foods" and "Tyson") Baa2 senior unsecured credit facility and senior unsecured regular bond/debenture ratings. At the same time, Moody's affirmed Tyson's Prime-2 commercial paper rating. The outlook was revised to stable from negat...

 PRESS RELEASE

Tyson Foods Launches Tyson® Chicken Cups – Convenient and Portable wit...

Tyson Foods Launches Tyson® Chicken Cups – Convenient and Portable with 30g Protein or More SPRINGDALE, Ark., Sept. 22, 2025 (GLOBE NEWSWIRE) -- For 90 years, Tyson Foods has been at the forefront of food innovation, continuously delivering convenient, quality products that meet evolving consumer needs. Building on this legacy, Tyson brand is once again transforming the way consumers get their protein with the launch of Tyson Chicken Cups.   It’s the Tyson chicken consumers already know and love, now available in a first to the category, individually packaged option for quick, easy, on-t...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch