Wendy Tyson Popular Books

Wendy Tyson Biography & Facts

Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas that operates in the food industry. The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A. It annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and State Fair. Tyson Foods ranked No. 79 in the 2020 Fortune 500 list of the largest United States corporations by total revenue. Tyson Foods has been involved in a number of controversies related to the environment, animal welfare, and the welfare of their own employees. During the COVID-19 pandemic, Tyson Foods was accused by some employees of failing to implement certain recommended protections, including physical distancing measures, plexiglass barriers and wearing of face masks. Multiple lawsuits have been filed against the company, alleging gross and willful negligence for the spread of COVID-19 at their plants. Profile The company was established by John W. Tyson in 1935. It expanded during World War II, when chicken was not included in foods that were rationed by the federal government. As of 2019, the company employs 141,000 people, including 122,000 in the United States. Tyson's locations are concentrated in the Midwest and South, with 16 locations in Arkansas, 11 in Texas, 9 in Iowa, and the remainder mostly in the eastern U.S., including Tennessee. Tyson produces about one-fifth of the beef, chicken, and pork sold in the United States. It is one of the largest U.S. marketers of chicken, beef and pork to retail grocers, broad line foodservice distributors and national fast food and full-service restaurant chains; fresh beef and pork; frozen and fully cooked chicken, beef and pork products; case-ready beef and pork; supermarket deli chicken products; meat toppings for the pizza industry and retail frozen pizza; club store chicken, beef and pork; ground beef and flour tortillas. It supplies Yum! Brands chains that use chicken, including KFC and Taco Bell, as well as McDonald's, Burger King, Wendy's, Walmart, Kroger, IGA, Beef O'Brady's, small restaurant businesses, and prisons. The company makes a wide variety of animal-based, prepared foods and plant-based products at its 123 food processing plants. It produces many different products, including Buffalo wings, boneless Buffalo wings, chicken nuggets, and tenders. Its plants slaughter approximately 155,000 cattle, 461,000 pigs, and 45,000,000 chickens every week. Their largest meat packing facility is their beef production plant in Dakota City, Nebraska. Other plants include feed mills, hatcheries, farms and tanneries. In 2019, the company entered the plant protein category with their Raised & Rooted brand. The brand initially included vegetarian nuggets as well as burgers with a blend of beef and pea protein, then expanded to include tenders. In 2020 Tyson discontinued the burger and removed egg whites from the nuggets, announcing that the Raised & Rooted brand would be free of animal products moving forward. In 2021, the company launched two vegetarian patty breakfast sandwiches under its Jimmy Dean brand. Acquisitions and investments In 2001, Tyson Foods acquired IBP, Inc., the largest beef packer and number two pork processor in the United States., for US$3.2 billion in cash and stock. Along with its purchase of IBP, it also acquired the naming rights to an event center in Sioux City, Iowa. Tyson has also acquired such companies as Hudson Foods Company, Garrett poultry, Washington Creamery, Franz Foods, Prospect Farms, Krispy Kitchens, Ocoma Foods, Cassady Broiler, Vantress Pedigree, Wilson Foods, Honeybear Foods, Mexican Original, Valmac Industries, Heritage Valley, Lane Poultry, Cobb-Vantress, Holly Farms, Wright Brand Foods, Inc. and Don Julio Foods. On May 29, 2014, the company announced a $6.13 billion cash offer to acquire all the shares in Hillshire Brands, two days after a $6.4 billion cash and shares bid for Hillshire by Pilgrim's Corp. In June 2014, Tyson won the bidding war against Pilgrim's Pride, agreeing to buy the maker of Jimmy Dean sausage and Ball Park hot dogs for $8.5 billion. On July 28, 2014, the company said it would sell its Mexican and Brazilian poultry businesses to JBS S.A. for $575 million and use the proceeds to pay down debt from its pending $7.7 billion purchase of Hillshire Brands Co. In April 2017, Tyson announced plans to acquire AdvancePierre Foods Holdings, a supplier of packaged sandwiches, for approximately $3.2 billion. The acquisition was completed on June 7, 2017. In November 2017, Tyson Foods bought the Philadelphia-based cheesesteak company Original Philly Holdings. In May 2018, Tyson announced the acquisition of American Proteins, Inc. and AMPRO Products, Inc. for approximately $850 million. On June 1, 2018, Tyson announced that it would sell the Sara Lee, Van's, Chef Pierre and Bistro Collection brands to Kohlberg & Company. The sale was completed on August 1. What is now known as Sara Lee Frozen Bakery will be based in Oakbrook Terrace, Illinois. In mid-2018, Tyson Foods agreed to acquire the organic chicken and chicken-sausage brand Smart Chicken and parent company Tecumseh Poultry. On August 9, 2018, Tyson announced that it would sell its pizza crust business, including TNT Crust, to Austin-based Peak Rock Capital, who completed the acquisition on September 4. On August 20, 2018, Tyson announced its intent to acquire food supplier Keystone Foods from Marfrig. Tyson announced it had completed the acquisition on November 30, 2018. On February 7, 2019, Tyson Foods reached an agreement to acquire the European and Thai businesses of Brazilian food company BRF. The acquisition was completed on June 3, 2019. On January 10, 2020, Tyson Foods announced that it sold its Golden Island jerky business to Jack Link's. On May 15, 2021, Tyson Foods announced that it was selling its pet treats business, including True Chews, Nudges and Top Chews, to General Mills for $1.2 billion. The sale was completed on July 7, 2021. In March 2024, it was announced Tyson Foods had sold its broiler processing plant, hatchery and feed mill in Dexter, Missouri to the American fresh egg producer, Cal-Maine Foods for an undisclosed amount. Meat alternatives and clean meat In 2016, Tyson Foods bought a 5% stake in the meat alternative company Beyond Meat, becoming the first major meat producer to invest in a meat alternative company. Tyson made an additional investment in Beyond Meat in 2017. In 2019, Tyson sold its stake in advance of Beyond Meat's initial public offering, with CEO Noel White saying Tyson intended to develop its own meat alternatives. In early 2018, Tyson, through its venture capital arm Tyson Ventures, funded clean meat (cultured meat) research with an investment in California-based Memphis Meats. The same year, Tys.... Discover the Wendy Tyson popular books. Find the top 100 most popular Wendy Tyson books.