Record year for Tyson

14/11/2019
Packer and tanning group Tyson Foods has reported a 9% rise in fiscal 2019 revenues to $42.4 billion, but said the fire at its plant in Kansas in August will cost $31 million.
 
Noel White, Tyson Foods’ president and CEO, said of the year: “We expanded our global footprint, launched innovation in our iconic brands and our new alternative protein brand, and prepared for future growth by investing in technology and infrastructure.”
 
He added that he is very optimistic about next year, when cattle supplies are expected to grow 2%. “We expect ample supplies in regions where we operate our plants.”