In this file:
· Tyson Foods plans $300 million meat packaging plant — and 800 new jobs — for Utah
· Department of Justice Seeking Info in Chicken Price-Fixing Suit
Tyson Foods plans $300 million meat packaging plant — and 800 new jobs — for Utah
By Jasen Lee, Deseret News Utah
May 9, 2019
SALT LAKE CITY — Tyson Fresh Meats, a subsidiary of Tyson Foods Inc., will invest nearly $300 million to develop a food production plant in Utah County that will initially provide 800 new jobs and is expected to expand to 1,200 positions within three years, the Utah Governor’s Office of Economic Development announced Thursday.
The project is forecast to add an estimated $27 million in new state tax revenue over the next 10 years.
The economic development office's board of directors approved a post-performance tax credit not to exceed $5.26 million over a 10-year-period and $300,00 from the Industrial Assistance Fund for last-mile infrastructure.
The proposed facility will be a 400,000-square-foot case-ready plant, which will take large cuts of beef and pork and convert them into steaks, chops, roasts and ground meat to be packaged, weighed and labeled on retail trays that are shipped and sold in grocery stores, explained Tyson Fresh Meats senior vice president Nate Hodne.
“We believe Utah is a great location because of the availability of labor and property and the access to highways and rail," he said. "Once built, the new facility will help us meet the growing demand for case-ready meat in the western U.S. From this location, we can get to every place in the West (by truck).”
The site of the facility has yet to be determined.
He also mentioned the educated population base along the Wasatch Front that would offer qualified workers for the facility, particularly if it is expanded in the coming years.
"We think (Utah) would be a good place for employees," Hodne said.
The Tyson Fresh Meats business unit ...
Department of Justice Seeking Info in Chicken Price-Fixing Suit
via KTIC (NE) - May 10, 2019
The Department of Justice is seeking information regarding price-fixing of chickens by processors. Meat industry publication Meatingplace reports the Department of Justice has issued a grand jury subpoena to plaintiffs in a class action price-fixing lawsuit against the chicken industry.
The subpoena requests information produced in the discovery process by all parties in the case. Tyson Foods, in a regulatory filing, said it was notified of the request on April 26 by the plaintiffs. Decisions on class certification and summary judgment motions likely to be filed by defendants are not expected before the second half of 2020, under the scheduling order currently governing the case.
A food distributor in 2016 filed the class action lawsuit alleging Tyson and other poultry processors conspired to “fix, raise, maintain, and stabilize” prices for broiler chickens. Subsequent lawsuits...