Tyson Foods (TSN) Stock Rose On Friday, Extending Productions in Europe And Asia

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Tyson Foods Inc. (NYSE: TSN), one of the largest meat suppliers, plans to open new poultry meat production facilities with a total annual capacity of approximately 100 thousand tones in China, Thailand and the Netherlands.

Tyson Foods’ mission is to become a global leader in the supply of different forms of meat. According to the company, its foreign revenue, including both local production and exports from the United States, reached $5.4 billion last year.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


Tyson Foods is increasing its investment in new manufacturing facilities to enhance its leadership. New companies will open in three more countries in the near future. It is expected that new plants in China, Thailand and the Netherlands will grow sales of fully cooked poultry in these regions.

Expanding into various markets is part of the diversified overall growth strategy of Tyson Foods, which ranges from rising poultry production in the Asian region to testing meat alternatives based on plants. A new trend in the field of public catering is vegetable meat, so Tyson Foods can’t avoid it. The company has recently accelerated the production of new product lines, including products under the Raised & Rooted brand without animal proteins. Tyson Foods’ artificial meat is now available in 5,000 U.S. retail stores.

Tyson Foods is one of the main suppliers of chicken, beef, and pork to convenience outlets, fast food chains, and full-service restaurants in the United States today. Frozen and fully cooked chicken, beef and pork items, meat fillings for the pizza industry and supermarket frozen pizza, ground beef and more are also manufactured by the company. The company partners with several popular brands including McDonald’s, Burger King, Kroger, Wal-Mart and YUM! Brands.

Stock of Tyson Foods Inc. (NYSE: TSN) rose 2.50 percent on Friday to close at $62.35.

Sign up for our FREE Newsletter and get:

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Important Earnings

Insider Watchlist

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.