Tyson Foods to expand Mexican Original
Tyson Foods continues to grow its value-added, higher margin sales making strategic investments into various facilities across the country.
The latest of those deals is a $5.3 million expansion to its Mexican Original facility in Portland, Ind.
This subsidiary makes tortillas, taco, chips and flatbreads for the restaurant industry.
This is the second major expansion for the Mexican Original business this year as the company purchased Don Julio Foods in February.
Wall Street continues to shine on Tyson Foods with shares trading near its 52-week highs. Shares closed Wednesday (Aug. 21) at $31.53, down 30 cents.