Headquarters: 2200 W. Don Tyson Parkway
If you aren't a vegetarian, then you have probably eaten meat from Tyson Foods, the world's largest processor and marketer of chicken, beef and pork. Tyson produces one out of every five pounds of chicken, beef and pork consumed in the United States.
The company's brands include: Tyson, Jimmy Dean, Hillshire Farm, Ball Park, State Fair, Chairman's Reserve and Barber Foods.
The company makes a wide variety of protein-based and prepared food products at its processing plants. It has 183 chicken production plants, 12 beef plants, 6 pork plants and 40 plants for processed foods. It also operates 42 distribution centers and outside cold storage facilities.
Tyson Foods' plants had been affected by coronavirus breakouts in April 2020, forcing the temporary closure of several locations.
In spring 2020, the company paid $120 million in “thank you bonuses” for 116,000 U.S. frontline workers and truckers with two $500 bonus payments in May and July. Team members who cannot come to work due to illness or childcare will continue to qualify, but bonus eligibility will depend on attendance.
In fiscal 2019, the company reported revenues of $42.4 billion, up from $40.0 billion the year before, and net income of $2.02 billion. Beef made up 36% of sales followed by chicken at 31% and pork at 10%. 45% of total sales were consumer products and 31% were food service.
The company was founded by John Tyson in 1935 who made a living hauling fruit, chickens and hay to local growers in Arkansas.
Discounted Product Purchase
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Updated May 1, 2020