Tyson Foods Inc. has announced plans to spend more than US$1.3 billion to increase automation in meat plants, over the next three years. Announced at Tyson Foods’ virtual Investor Day, the productivity initiative aims to reduce labour costs and associated risks, and ultimately deliver cumulative savings — upwards of $450 million by fiscal year 2024…. Read More

One of the world’s largest meat companies is investing in a business that aims to replace meat with plant-based alternatives. American food giant Tyson Foods announced Monday it has taken a five percent ownership stake in California-based vegan startup Beyond Meat. While some are proclaiming it a milestone on the way to a future of… Read More

According to a press release from Tyson Foods this morning, President and CEO Dick Bond is leaving the company effective immediately. According to Reuters, Leland Tollett who was the chairman and CEO from 1995 to 1998, will resume the post until a replacement is found. By revenue Tyson is the largest processor of protein in… Read More

 

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