Tyson Meals annual gross sales have doubled up to now twenty years, growing from $26 billion to $53 billion from 2004 to 2023, in accordance with a overview of U.S. Securities and Change Fee filings.
Nonetheless, Tyson, which is the nation’s largest hen firm, has closed 9 meatpacking crops over the previous 12 months.
The plant closures and the corporate’s contracts with affected hen farmers sparked an investigation by the U.S. Division of Agriculture. The meatpacking firm can also be being sued for allegations of antitrust violations.
The Arkansas-based firm operates 183 hen services within the U.S., together with hatcheries, processing crops and feed mills. Along with hen, the corporate’s gross sales come from beef, pork and ready meals.