Tyson Foods closing 4 chicken processing plants; 2 in Missouri
Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.
The company said Monday that the plants being closed are located in North Little Rock, Arkansas; Corydon, Indiana; Dexter, Missouri and Noel, Missouri.
Tyson said that it will shift production to other facilities and halt operations at the four plants in the first two quarters of fiscal 2024. The company also reported its fiscal third-quarter financial results. Tyson posted a loss of $417 million, or $1.18 per share, for the period ended July 1.
A year earlier it earned $750 million, or $2.07 per share. Sales fell 3% to $13.14 billion.