Tyson To Shutter Two US Chicken Plants Employing Almost 1,700 Workers

Source: Yahoo! News

“Tyson Foods Inc will reportedly close two chicken plants in May, affecting nearly 1,700 employees. Demand will be shifted to other Tyson facilities. Tyson will shut down a plant in Glen Allen, Virginia, with around 700 employees, and a plant in Van Buren, Arkansas, with nearly 1,000 employees. The company said the closures were part of a broader plan in its chicken division to improve operations and use full available capacity at each plant. … In its latest quarter, Tyson’s chicken operating income almost halved from $140 million to $69 million amid increased pressure as the company’s profit margins fell from historic highs during the pandemic.” (03/15/23)