I do find it confusing if people are moving to lower priced meats ..like chicken...where or why is Tyson really doing this?
My extended family that used to be in the chicken business (for eggs and meat) said that corporate regulations for chicken comfort kept making it more costly to run a chicken house. What we today would call ESG policies.
A company makes a profit on what it sales, so, to increase profits, it decreases what it sales.
Must be a new truth from the woke MBA colleges.
They MIGHT be moving the production further east. Like into eastern NC. I remember during the Great Recession there was a huge amount of construction of chicken houses in eastern NC. East of Raleigh around Goldsboro. I was told back then it would move the chickens closer to the Northeast US and potential EXPORT to Europe.
So, maybe they do not need the processing plants as much in the middle part of the country anymore.
I wouldn’t read too much into this. Tyson owns 123 food processing plants, so this represents about 3% of that total.
Plants get old, equipment gets outdated, the value of the land rises, plants get moved and replaced. Competition grows.
There could be all kinds of reasons for them to do this, and none of them doomsday-worthy.
TYSON heavily supported Bill Clinton when he ran for Governor & President.
I NEVER bought another Tyson product.
Oh no!! Where will all those Somali and African muslims find work?
They are not selling fewer chickens. Tyson constantly buys smaller companies and merges them in with their older operations. Then they close down the old plants and build newer ones where the laws are best and they can higher more and and better people. Right now that is the south. Lot of chicken processing is done in small towns where its hard to get the employees. So they are going where the employees are. Tyson will try to sell every chicken they can without causing the price to go down.
“Tyson Foods Sells Majority Stake To Chinese Company”
Hey, I’m sure Tyson is looking to what is best for the American people.
And it’s going to make an attack on the fewer remaining processing plants have a much bigger impact on the food supply.
It costs a lot of money to cater to the imported “refugees” to pray 10 times a day.
***Noel, Missouri. ***
This used to be a great vacation town in the 1950s and 1960s. It began to go downhill around 1969 when a propane car on the KCS railway exploded one night. It was so loud it woke my dad up almost 23 miles away. I was in SE Asia but it did make the AFRTS news.
The new chicken processing plant was built, and moslem Somalis moved in to work at it with their usual demands. The town is a shell of it’s former self. Lots of abandoned motels all over the area.
Wonder if the workers will now get jobs at Southwest City MO, and what problems they will bring with them.
Will never knowingly buy anything from T.