Black Kassel - Snack like Royalty
Venus Wafers - The Original Mariner Biscut Company - Made simple - Made right
Tyson to Permanently Close Wisconsin Food Plant

Tyson to Permanently Close Wisconsin Food Plant

Tuesday, May 10th, 2016

On the heels of what has been touted as a very successful financial quarter, Tyson Foods has announced its plans to permanently close its plant in Jefferson, WI, eliminating 248 positions.

According to a report from the Wisconsin State Journal, Tyson will initiate a series of workforce reductions up until the final closing date of July 9. The company revealed that both salaried and hourly positions will be affected.

Tyson Foods

Tyson Foods recently announced its Q2 2016 financial report, performing so well that the company raised adjusted earnings guidance for fiscal 2016 to $4.20-4.30 per share.

Donnie Smith, President and CEO, Tyson Foods

“Our business continues to perform very well, delivering record second quarter operating income and return on sales, in what is typically the most challenging quarter of our fiscal year,” Donnie Smith, President and Chief Executive Officer of Tyson Foods, explained in a release regarding the company’s most recent fiscal quarter. “We’re in a great position, and we’re generating momentum that will take us into 2017 and beyond.”

Just last month, Tyson announced plans to open an approximately $136 million, 200,000-sq-ft plant in Green Forest, AR. This facility would create about 85 more jobs, reportedly.

Tyson said the decision is based on a combination of changing product needs, the news source reported, as well as the upkeep and renovation costs of the aging plant.

As Tyson continues to develop and streamline its business, DeliMarket News will serve you up the latest.

Tyson Foods

Black Kassel - Snack like RoyaltyVenus Wafers - The Original Mariner Biscut Company - Made simple - Made right

Have a new product, press release or story idea?

Let us know

In This Story

Tyson Foods, Inc., founded in 1935, is one of the world's largest producers of chicken, beef, pork, and prepared foods.

Caldic Appoints New Director Digital Transformation

The full-service distributor is further optimizing digital processes to enhance its business performance.
View Press Release

Polymer Logistics North America Leadership Announcement

Fred Heptinstall will step down as CEO Polymer Logistics North America, effective December 31 of this year.
View Press Release