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Tyson Foods to Shut More US Chicken Plants After Profit Drop

(Bloomberg) Tyson Foods Inc. will shut down four additional chicken facilities after fiscal third-quarter sales trailed even the lowest of analyst estimates. The shares dropped the most since May.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaPayPal Launches a Stablecoin in Latest

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Tyson Foods to Add Six Asian Chicken Plants in Global Expansion

(Bloomberg) Tyson Foods Inc. is expanding its global protein production capacity over the next two years by 2% to take advantage of soaring demand for meat in the pandemic era.  The biggest American meat company by sales is building six new chicken plants in Asia.

Tyson Shuts Down Iowa Pork Plant After Refrigeration Malfunction

Tyson Shuts Down Iowa Pork Plant After Refrigeration Malfunction Michael Hirtzer, Bloomberg News The Tyson Foods Inc. logo is seen on a box arranged for a photograph in Tiskilwa, Illinois, U.S., on Monday, Aug. 6, 2018. The largest U.S. meat company posted better-than-expected fiscal third-quarter earnings as beef demand rose and cattle costs fell, Tyson said Monday in a statement. Photographer: Daniel Acker/Bloomberg , Bloomberg (Bloomberg) Tyson Foods Inc. said it temporarily shut down its pork plant in Columbus Junction, Iowa, following a refrigeration failure. The company said Wednesday in a statement that it’s too early to determine a timeline for its reopening but it will likely be down for a few days after shutting because of a “mechanical malfunction in the refrigeration system Tuesday evening.” No one was hurt and the company will guarantee pay for full-time active employees, Steve Stouffer, group pres

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