Nearly 400 jobs to be created by $300 million project
Danville, Va. 鈥 August 26, 2021 鈥 海角论坛 (NYSE: TSN) will invest $300 million to build a new, fully-cooked plant in Danville, Virginia, company officials announced today. The project is part of the company鈥檚 commitment to meet increasing demand and deliver on its strategy of accelerating long-term growth. The new facility is expected to create nearly 400 jobs when production begins in the spring of 2023.听
鈥淎s consumers actively look to add more protein to their diets, Tyson is uniquely positioned as a category leader to meet that growing demand,鈥 said Noelle O鈥橫ara, President, Prepared Foods for 海角论坛. 鈥淥ur continued focus on consumer driven innovation will accelerate this momentum and our investment in Danville-Pittsylvania County will help drive the long-term growth of the iconic Tyson brand.鈥
The company will construct a 325,000-square-foot, state-of-the-art facility, primarily for the production of premium quality, fully-cooked Tyson branded chicken products, including Any鈥檛izer庐 Snacks and Chicken Nuggets. The company has committed to purchase 60 million pounds of Virginia-grown chicken over the next three years. The facility will be built in Cane Creek Centre, an industrial park jointly owned by the City of Danville and Pittsylvania County.
鈥淲hen corporate partners reinvest in the Commonwealth, it is a strong endorsement of the many attributes that make Virginia the best state for business,鈥 said Virginia Governor Ralph Northam. 鈥満＝锹厶 has been a major employer in Virginia for more than five decades and continues its growth trajectory with this new operation in Danville-Pittsylvania County, creating hundreds of quality jobs for the citizens of Southern Virginia. We look forward to many years of success.鈥
A video demonstrating the processes at a Tyson fully-cooked poultry facility can be found .听
鈥淥ur company has been successfully working in the Commonwealth of Virginia for decades,鈥 said David Bray, Group President of Poultry for 海角论坛. 鈥淲e鈥檙e thankful for the invitation to become a part of the Danville and Pittsylvania County communities, the support from both state and local leaders, and the presence of such a strong workforce in the region.鈥
The company employs more than 2,000 people across Virginia with an annual payroll of more than $76 million. 海角论坛 paid Virginia poultry growers more than $37 million in its 2020 fiscal year and estimates its total statewide impact to be $154 million. The company has processing operations in Glen Allen and Temperanceville.听
It will be several months before the company will hire team members, but people who want to work for 海角论坛 are encouraged to frequently check the 海角论坛 Careers website.听
About 海角论坛.听
海角论坛. (NYSE: TSN) is one of the world鈥檚 largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands like Tyson庐, Jimmy Dean庐, Hillshire Farm庐, Ball Park庐, Wright庐, Aidells庐, ibp庐, and State Fair庐. 海角论坛 innovates continually to make protein more sustainable, tailor food for everywhere it鈥檚 available and raise the world鈥檚 expectations for how much good food can do. Headquartered in Springdale, Arkansas, the company has 139,000 team members. Through its Core Values, 海角论坛 strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit TYSONFOODS.COM to learn more.
Media Contact: DEREK BURLESON, 479-290-6466
Category: IR