Tag: Tyson Foods

Van Buren chamber, UAFS working to help Tyson workers

When news hit Monday (March 13) that Tyson Foods would close its chicken processing plant in Van Buren, folks in Fort Smith and Van Buren got busy working on how…

Tyson Foods closing Van Buren plant, an estimated 600 jobs to be lost

Tyson Foods is closing poultry processing operations in Van Buren and in Glen Allen, Va., resulting in a loss of around 1,500 jobs. The Van Buren plant reportedly employs more…

Tyson Foods’ first fiscal quarter net income down more than 70%

Tyson Foods posted a net income of $316 million, or 88 cents a share, for the first fiscal quarter that ended Dec. 31. That was down more than 70% from…

Tyson shareholders to convene in Springdale, mark 88 years

Tyson Foods will hold its annual shareholder meeting at 10 a.m., Feb. 9 at the company’s offices on Emma Street in downtown Springdale. It is the company’s 88th year, dating…

Tyson Foods invests $180 million in Illinois plant, will add 400 jobs

Tyson Foods continues to add capacity across its expansive U.S. processing business with plans to invest $180 million in its Caseyville, Ill., prepared foods plant that makes Hillshire Farm deli…

Tyson’s chief technology officer exits the company

According to a filing with the U.S. Securities and Exchange Commission, Scott Spradley, chief technology officer at Tyson Foods, left the company on Monday (Jan. 9). No information was provided…

Walmart sells former call center in Springdale to Tyson Foods for $19.3 million

Tyson Foods has acquired a significant Springdale real estate asset from Walmart Inc. According to Washington County property records, a 130,000-square-foot building at 2800 S. Thompson St. traded for $19.34…

Tyson Foods taps ex-Coke exec as new chief growth officer

Springdale-based Tyson Foods has hired ex-Coke marketing executive Melanie Boulden as chief growth officer, a new position created by the meat giant. Boulden will officially join the company on Feb….

Tyson Foods reports fiscal year income up 6.2%, revenue up 13.2%

Tyson Foods’ fiscal fourth-quarter net income was down 60%, but the Springdale-based company ended fiscal 2022 with record revenue of $53.282 billion, up 13.2% from the prior year. Net income…

Tyson Foods expected to report lower quarterly income; CFO apologizes for being arrested

Tyson Foods is expected on Monday (Nov. 14) to report fourth-quarter net income of $577 million for the period ending Sept. 30. Estimated earnings per share of $1.60 would be…

Tyson Foods to bring 1,000 corporate jobs to Springdale in 2023

Tyson Foods announced Wednesday (Oct. 5) plans to consolidate corporate operations at the company’s headquarters in Springdale beginning next year. It’s estimated to add around 1,000 jobs to the campus…

Tyson Foods misses on income estimate, share price declines

Tyson reported adjusted net income of $1.94 per share, 3 cents short of estimates and 28% lower than a year ago. Without adjustments, Tyson had net income of $750 million, up…

Tyson Foods expected to report lower third quarter net income

Tyson Foods, like many food companies, is expected to report mixed earnings Monday (Aug. 8) for the company’s fiscal third quarter ending June 30. Analysts expect the Springdale-based meat giant will…

Tyson Foods seeks liability release from U.S. Supreme Court over COVID deaths

Tyson Foods filed a petition with the U.S. Supreme Court on Friday (July 22) seeking relief from liability stemming from four COVID-related deaths of its employees during the early days…

Tyson Foods to acquire stake in Saudi meat business

Tyson Foods will expand its global footprint with an investment in a Saudi Arabia-based meat company. Tyson will acquire a 15% equity stake in Tanmiah subsidiary Agriculture Development Company (ADC)…

Tyson Foods sues to block former VP from working for Donnie Smith at Foster Farms

Under new ownership, California-based poultry company Foster Farms this week hired former Tyson Foods president and CEO Donnie Smith for its top leadership job. Smith, who maintains a Northwest Arkansas…

Tyson Foods net income up 74% in second quarter, revenue rises 16%

Tyson Foods reported net income of $829 million in the second fiscal quarter, up 74% from a year ago, and 22% more than the consensus estimate. For the first half…

Market watchers estimate 36% gain in quarterly net income for Tyson Foods

Springdale-based Tyson Foods is predicted to see quarterly earnings per share of $1.83, compared to $1.34 a year ago, when the company reports earnings on Monday (May 9). The consensus…

Tyson Foods CEO testifies at hearing focused on food prices, industry consolidation

A Congressional hearing about packer consolidation, unfair pricing power and gaps in market opportunities for smaller ranches was held Wednesday (April 27) in Washington, D.C., with Tyson Foods CEO Donnie…

Tyson Foods partners with Guild to offer employees free college education

Tyson Foods will spend $60 million over four years to fund free college education for its 120,000 employees. A partnership with Guild will expand Tyson’s Upward Pathways program to include…

Mike Malone leaving UA to join national economic development consulting group

Developers seek nearly $20 million in permits for Drake Farms project

Report shows declines in Arkansas new hires, job openings

Arkansas River tonnage down through February