In this file:
· AR: Ammonia leak at Clarksville Tyson plant sends 18 to hospital
· Leak At Clarksville Tyson Plant Sends 18 To Hospital, Company Confirms
· GA: Tyson adds 100 jobs in Mitchell County
· Zacks: Tyson Foods Gains From Protein Packed Brands, Costs High
· Tyson, White Castle executives see plant protein diversifying
Ammonia leak at Clarksville Tyson plant sends 18 to hospital
by KATV (AR)
September 17th 2019
LITTLE ROCK (KATV) — KATV content partner 5NEWS reports that an ammonia leak at a Tyson plant in Clarksville on Monday sent 18 workers to the hospital out of caution. One person was admitted.
Tyson confirmed that the leak at the Clarksville poultry plant Monday morning caused the building to be evacuated.
According to a Tyson spokesman, 18 employees were taken to a hospital "out of an abundance of caution," and one was admitted for observation.
The spokesman said...
Leak At Clarksville Tyson Plant Sends 18 To Hospital, Company Confirms
by KFSN-TV/5NEWS (AR)
September 17, 2019
CLARKSVILLE, Ark. (KFSM) — An ammonia leak at Tyson facility in Clarksville on Monday sent 18 workers on a cautionary trip to the hospital, and one was admitted.
The company confirmed the leak at their Clarksville poultry plant Monday morning, causing the building to be evacuated.
A Tyson spokesman said 18 employees were taken to an area hospital "out of an abundance of caution" and one was admitted for observation.
"We're grateful for the quick response and assistance of the local fire department and EMS," the spokesman said.
Pamela Standridge, a Tyson employee who has been working for the company for over 30 years, told 5NEWS some workers eyes were burning and some felt light-headed.
more, including video report [1:54 min.]
Tyson adds 100 jobs in Mitchell County
By: WALB News Team
via WCTV (FL) - September 17, 2019
ATLANTA, Ga. (WALB) — Gov. Brian P. Kemp announced Tuesday that Tyson Foods has expanded its existing facility in Camilla, creating 100 new jobs with an investment of $34.2 million.
Construction recently wrapped up on the 35,000 square foot expansion, and the construction of a new “mega line” has prompted the company to hire 100 new team members as they ramp up operations in the region.
“Georgia’s existing industries are a vital component for job growth in every corner of the state,” Kemp said. “We are grateful that Tyson Foods is continuing their investment in the State of Georgia and excited for the new opportunities that this expansion will create for Mitchell County and the region.”
“This project is great news for our plant, our community, and our customers,” said Eddie Chancellor, Tyson Foods vice president of operations. “We are committed to the community of Camilla and are pleased to add 100 new jobs with this expansion, while also meeting the growing demand for our products.”
“Anywhere would be fortunate to have a company such as Tyson Foods to invest and expand in their community,” said Paige Gilchrist, Mitchell County Development Authority executive director. “Established in the 1930s and now with over 123 food processing plants, Tyson has proven its longevity time and time again. In addition to its sustainability, quality product, and substantial workforce, Tyson cares about its communities. Tyson has donated millions of dollars in cash to help nonprofits across the country. Here in Mitchell County, we look forward to a long-lasting relationship and a thriving future with Tyson Foods.”
Georgia Department of Economic Development (GDEcD) Project Manager Tina Herring represented the Global Commerce Division in partnership with the Mitchell County Development Authority...
Tyson Foods Gains From Protein Packed Brands, Costs High
Zacks Equity Research
via Yahoo Finance - September 18, 2019
Tyson Foods, Inc. TSN, a renowned meat products manufacturing company, is attracting investors on the back of a robust portfolio of protein-packed brands. Moreover, efforts such as acquisitions and efficiency-building programs have been yielding. However, the company continues to witness challenges in the ongoing fourth quarter of fiscal 2019. Moreover, persistent weakness in the Prepared Foods segment is a worry. Let’s take a closer look.
Efforts to Boost Portfolio Bode Well
Tyson Foods boasts a rich portfolio of protein-packed brands that are growing rapidly across the globe. During the first, the second and the third quarter of fiscal 2019, the company delivered higher sales in the chicken and beef categories year over year. Moreover, during the third quarter, the Pork segment performed well. Solid performances across these categories boosted the top line in the said quarter.
We note that acquisitions have played an important role in boosting the company’s portfolio. The company expects to keep gaining from the integration of Keystone and the newly-acquired Thai and European assets. Recently, the company entered into an agreement to invest in the foods segment of Brazil’s Grupo Vibra (Vibra Foods). The move is likely to bolster Tyson Foods’ access to Brazilian poultry supplies.
Apart from this, the company is steadily expanding fresh meat offerings on consumers’ rising demand for food without added hormones or antibiotics. In this respect, Tyson Foods’ buyout of Tecumseh is quite noteworthy. The company is venturing into alternative sources for meat and protein products, evident from investments in Memphis Meats and New Wave Foods. Further, the company is on track with new plant-based and blended products launches under the Raised & Rooted brand.
Tyson Foods expects demand for protein to rise consistently. It is well positioned to benefit from all opportunities in the space. For fiscal 2020, USDA expects overall domestic protein production (chicken, beef, pork and turkey) to rise roughly 2% year over year. A similar rate of growth is expected for fiscal 2019 as predicted by the USDA earlier. Such upsides along with optimistic sales view for fiscal 2019 are encouraging and boosting investors’ optimism. The Zacks Rank #3 (Hold) company’s shares have gained almost 15% in the past three months compared with the industry’s rise of 10.1%.
Headwinds in Q4 ...
Wrapping Up ...
more, including chart
Tyson, White Castle executives see plant protein diversifying
By Jeff Gelski, Food Business News
GLADSTONE, MO. — Executives from Tyson Foods, Inc. and White Castle in a Sept. 13 webinar said they see their companies as not only players but leaders in the meat alternatives category. The Gladstone-based Center for Food Integrity, which has a mission of helping companies earn consumer trust, put on the webinar.
“We’re clearly seeing a tipping point of consumer acceptance within this space,” said David Ervin, vice-president of alternative protein for Tyson Foods, Springdale, Ark.
Scale will be a Tyson benefit in meat alternatives, he said.
“We have quite a bit of supply relationships that we have access to, and we have a processing power to bring this important initiative to the masses and really look at this in a way that can be cost-efficient and still deliver what customers are looking for,” he said.
Tyson has introduced a Raised & Rooted brand that features plant-based nuggets as well as blended burgers made with a combination of beef and plants. Tyson uses pea protein in its meat alternatives. Supply of peas is not a problem, but processing, which extracts the protein isolates out of the peas, takes work, Mr. Ervin said.
“The supply is there,” Mr. Ervin said. “I think the processing will get there quickly, and we are just going to have to marry those two.”
Mr. Ervin said he has noticed conversations concerning questions about the amount of processing needed to produce meat alternatives.
“It’s one that we’ll continue to watch and understand,” he said. “The other side of it is, with taste being so important, in order to get that taste, there are certain things that need to happen in order for us to develop that (taste). The No. 1 driver is really going to be taste.”
Tyson is aware of other possible sources for meat alternatives, including cell-based meat.
“We’ll see how that continues to unfold,” Mr. Ervin said.
Algae and other protein sources, including insects, are other options.
“That’s the one I’m always a bit cautious of, at least from a U.S. perspective,” he said of insect protein.
A $1.99 option ...
Attracting meat-eaters ...