Tyson Foods clears another hurdle for plant expansion in Texas


by Talk Business & Politics

Jan 9, 2019


The city council in Sherman, Texas, has approved a tax abatement for a Tyson Foods plant expansion expected to cost $30 million. The agreement is for six years at 50% per year


The vote came on the heels of a $1.5 million expansion incentive from the Sherman Economic Development Council, announced in November. Tyson Foods would get the $1.5 million upon completion of the project.


The Springdale-based meat giant said in November it was looking at expansion plans in Sherman which would add 80,000 square feet of space to its plant.


“We are exploring a potential upgrade of our material handling facility at our Sherman, Texas, case-ready plant as part of our strategic plan to maintain efficiency and better support the plant’s production capabilities,” Tyson Foods spokesman Derek Burleson told Talk Business & Politics...