Corporate Responsibility magazine this week named Tyson Foods one of the “100 Best Corporate Citizens.” Tyson ranked No. 90 of the 100 companies on the 13th annual list. The magazine based its list on publicly available data related to seven categories: Climate change Employee relations Environment Financial Corporate governance Human rights Philanthropy Each category is [...]
View Post TysonMoody’s affirmed Tyson Foods Ba1 rating and revised its outlook for the company to positive from stable, according to MeatPoultry.com. The credit rating agency said it expects Tyson should be able to sustain moderate leverage and bolster its liquidity profile over the next 12 to 18 months, which could lead to an upgrade. The agency’s [...]
View Post TysonSyntroleum Corporation, the synthetic fuel maker, reported today it lost $796,000 for the quarter ended December 31. The company had total revenues of $1 million and operating expenses of $1.8 million, according to a news release. For the year ended December 31, Syntroleum reported an operating loss of $3 million from total revenues of $4.2 [...]
View Post Syntroleum, TysonTyson Foods recently promoted Steve Smalling to operations manager, the company announced today. Smalling began his career with Tyson in 1985 in Waldron as an hourly employee. After working for the Waldron plant for 3 years, Smalling transferred to Fort Smith where he continued on his career path as a maintenance team member to a [...]
View Post TysonImprovements at a Tyson Foods beef processing plant in Dakota City, Neb. may lead to another facility closing, company officials said Thursday. The multi-million dollar project to upgrade technology and processes at the Dakota City plant will add roughly 200 production jobs and increase the number of cattle that can be processed. That means the [...]
View Post beef, TysonTyson Foods won two government beef contracts from the U.S. Department of Defense worth about $268 million through 2014. The contracts require Tyson to provide fresh beef products for resale at commissaries in the central and eastern U.S., the District of Columbia, Puerto Rico and Guantanamo Bay, Cuba. The contracts are effective March 1. Three [...]
View Post TysonMcDonald’s Corp announced Monday plans to require pork suppliers in the United States to phase out the use of sow gestation stalls. Suppliers are required to submit plans by May. The company made the announcement jointly with the Humane Society of the United States. “McDonald’s believes gestation stalls are not a sustainable production system for [...]
View Post pork, TysonThe Poultry Federation’s president Marvin Childers released new building plans for the Little Rock office Tuesday. Plans are under way to raze the current structure at 321 South Victory, and replace it with a new single-story building. Tyson Foods is giving $1 million to initiate the capital campaign. “The gift from Tyson Foods will be [...]
View Post Poultry, Simmons Foods, TysonTwo unrelated ammonia leaks forced the evacuation of the Tyson Berry Street Plant and the Cargill Turkey Plant this morning. Ten Tyson workers were taken to Northwest Medical Center in Springdale for evaluation. Go to nwaonline.com for ongoing updates on the situations.
View Post Cargill, Poultry, TysonTyson Foods this morning reported net income was down for the first quarter of the fiscal year by about 48 percent. The meat and poultry producer reported net income of $156 million or $0.42 per share for the first quarter, lower than $298 million or $0.78 per share in the prior-year quarter. That still beat [...]
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