Tyson Foods

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Headquarters: 2200 W. Don Tyson Parkway Springdale, AR 72762 Employees: 141,000 CEO: Noel White Stock Symbol: TSN Website: http://www.tyson.com Career Site 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. Benefits Insurance Tyson provides affordable insurance including health, life, dental, vision and prescription drug benefits. Retirement Savings Tyson Team Members may set aside a portion of their paychecks to save for the future, and Tyson helps with a company match. Team Members can save from 2 to 60 percent of their pay, up to IRS annual limits. To help them save, after a year of service, the company will match, dollar-for-dollar, their contribution up to three percent of their pay. Plus, the company will match half of their further contributions up to the next two percent of their pay. Stock Purchase Team Members can put up to 20 percent of their pay into the Stock Purchase Plan. Upon completion of one year of service, the company will match 50 percent of the first 10 percent of the Team Member's contribution into the Retirement Savings Plan (maximum 5 percent). Discounted Product Purchase In some areas Tyson Team Members have access to Company Stores where they can purchase, at discounted prices, the many and varied products the company produces. Full-service Credit Union Tyson Team Members can take advantage of a full-service credit union offering consumer, vehicle, and mortgage loans to checking, savings, and retirement accounts. Updated May 1, 2020