Tyson Foods Stock Price, News & Analysis

Tyson Foods has become the first beef processor to support U.S. CattleTrace, an initiative aimed at establishing a national infrastructure for animal disease traceability. This program is crucial for quick disease response and maintaining access to export markets in case of foreign animal diseases. Through the use of advanced ear tags, CattleTrace collects essential data to track cattle during outbreaks. Tyson's involvement is a significant step towards enhancing animal health and safeguarding the U.S. cattle supply chain amid rising concerns over disease management.

Tyson Foods is expanding its COVID-19 vaccination initiative by offering free, onsite vaccinations to family members of employees at select plants across the U.S. This program, one of the first of its kind, is now available at vaccination events in states including Indiana, Illinois, Oklahoma, Texas, and Virginia. Approximately 40,000 employees have been vaccinated at over 100 events. The initiative aims to promote public health and community safety, with support from the UFCW union.

Tyson Foods (NYSE: TSN) will conduct its fiscal 2021 second quarter earnings call on May 10, 2021, starting at 9 a.m. ET. A press release detailing the quarterly results will be issued earlier that day. Participants can pre-register for the call online to receive a unique passcode for immediate access. Those who miss the live event can access a replay of the webcast until June 10, 2021. Tyson Foods remains a leading global food company, with a commitment to sustainable protein production and strong corporate values.

Tyson Foods partners with Rx Savings Solutions to enhance prescription drug affordability for U.S. employees. The online tool, available to 120,000 team members, analyzes prescriptions to find cheaper alternatives, promoting cost-saving measures while ensuring access to necessary medications.

This initiative aligns with Tyson's commitment to employee wellbeing and includes additional health support such as a new Chief Medical Officer and upcoming health clinics.

Tyson Foods opens a new poultry complex in Humboldt, Tennessee, marking a historic $425 million investment, the largest corporate investment in Gibson County. The new facility spans 370,000 square feet and is set to employ over 1,500 workers by 2023. Production begins later this month, focusing on pre-packaged chicken for retail. The overall economic impact is projected at $150 million annually, boosting local agriculture. This represents Tyson's first new poultry facility in 25 years in the area.

Tyson Foods is expanding its case-ready meats business by repurposing an idle facility in Columbia, South Carolina. The company plans to invest approximately $42 million initially to transform the plant into a meat-cutting operation, producing retail-ready packages of beef and pork. This facility will employ 330 people and is expected to begin operations in May 2021. In total, Tyson anticipates investing $55 million over the next few years to enhance the facility, boosting its capacity to meet growing retail demand.

Tyson Foods is expanding its free, on-site COVID-19 vaccinations for team members in Arkansas, covering 24,000 employees. From March 15 to April 2, the company will host 19 vaccination events in collaboration with local health providers. Over the past two weeks, 15,000 U.S. employees have received vaccinations at 30 events nationwide. Tyson is also compensating workers for up to four hours of pay if vaccinated outside their regular shifts, showing a commitment to employee health and safety amid ongoing COVID-19 challenges.

Tyson Foods (NYSE: TSN) will provide free on-site COVID-19 vaccinations to frontline team members in Arkansas, Kansas, and North Carolina, starting March 9, 2021. Over 20% of the company's workforce is based in Arkansas, where vaccination events are anticipated to reach many of its 24,000 employees. Tyson Foods has already vaccinated nearly 10,000 team members and continues enhancing health safety measures, having invested hundreds of millions in protective facilities. Additionally, workers will receive compensation for vaccination time outside of normal shifts.

Tyson Foods will provide free, onsite COVID-19 vaccinations to thousands of frontline employees at its Iowa facilities this week, collaborating with local health departments and partners such as Matrix Medical and Hy-Vee. Approximately 13,000 employees in Iowa are expected to participate in vaccination events across multiple locations. Tyson had previously vaccinated over 2,000 employees nationwide. The company is also compensating workers for vaccination time outside of normal shifts and has invested significantly in protective measures since 2020, resulting in a low incidence of COVID-19 among its U.S. team members.