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Tyson Foods to Aggressively Boost Chinese and European Poultry Production

Tyson Foods to Aggressively Boost Chinese and European Poultry Production


SPRINGDALE, AR
Thursday, November 19th, 2020

Tyson Foods is setting gears into motion as it focuses on its international production. Recently, the company announced plans to build new production facilities in China and Thailand and expand its facility in the Netherlands. The latest expansions, adding over 100,000 metric tons of fully cooked poultry capacity, build on the company’s global growth strategy to become the leader in protein by serving emerging markets and strategic customers.

Dean Banks, President and Chief Executive Officer, Tyson Foods“Global population and income growth will continue to drive an increased need for protein,” said Dean Banks, President and CEO. “These investments allow us to increase our in-country operations and global export capabilities, helping us bring more safe, high-quality protein for consumers in these countries as well as for customers in other parts of the world.”

The expansions are expected to create many direct and indirect jobs as production starts in local communities. According to the press release, the new plant in China is expected to create more than 700 jobs, and the European expansion will add more than 150 jobs. Thailand’s new plant, part of a long-standing joint venture with GFPT Public Company Limited, is expected to bring more than 1,000 jobs.

Chris Langholz, International President, Tyson Foods“We have been aggressively building our overseas presence servicing foodservice and expanding into retail with innovative products,” said International President Chris Langholz.

This announcement follows several acquisitions and joint ventures from Tyson Foods. The company has been expanding its international footprint overseas for quite some time. In June 2019, Tyson acquired Thai and European businesses from BRF S.A. The company also completed the acquisition of Keystone Foods in China. As noted in the release, Tyson Foods has made several moves to solidify its presence in India, Malaysia, Australia, South Korea, Netherlands, and Brazil as well, giving the company access to demand through in-country production, as well as exports to many global markets.

In FY19, the company generated $5.4 billion in international sales, which included U.S. export sales.

“Our team recently launched the Tyson® brand into key markets including in European foodservice and in Thailand retail through e-commerce. We invested in e-commerce platforms in Malaysia and Australia to meet consumer demand as COVID-19 accelerates e-commerce food delivery across the globe,” Langholz continued. “The marketplace is changing, and we’re changing with it. We’ll continue to enhance our ability to serve growing global demand for value-added protein.”

Tyson announced plans to build new production facilities in China and Thailand and expand its facility in the NetherlandsAs Tyson continues to expand its reach, where will it explore next? Will we see attention on its U.S. operations soon? Deli Market News will keep our eyes on the wire.

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