
|
Tyson Foods Announces Further Processing Component of New Plant
in Obion County, Tennessee
Springdale, AR (December 9, 1996) - Tyson Foods, Inc. (NASDAQ:TYSNA),
the Springdale based poultry processing company, announced today that the
further processing component of its new plant in Obion County Tennessee
will be committed to meeting the needs of McDonalds' expanding business.
Tyson's Nashville, Arkansas poultry plant has been dedicated to McDonalds
production since 1982.
"McDonalds' business is very important to Tyson, and has been for a
long time," said Leland Tollett, Chairman and CEO of Tyson Foods. "This
commitment will help assure McDonalds of a steady supply of nuggets and
other poultry products."
Initial production for McDonalds at the plant will begin early next spring,
with nugget processing from poultry meat shipped in from other Tyson locations.
When full production is reached, probably in the latter part of 1998, a
total of more than 1,200 jobs will have been created - with a large portion
of them directly attributable to the McDonalds business.
The rest of the production from the plant will go into other Tyson foodservice
items.
Construction on the hatchery and feedmill to support live production in
the Complex is nearing completion. Construction of chicken houses by the
150-200 independent contract farmers who will grow the chickens for Tyson
has begun.
David McGlamery is Tyson's Obion County Complex Manager, responsible for
all the company's local operations.
|