Tyson Foods to close two beef plants, sell a third
Get Alerts TSN Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.9%
Revenue Growth %: +5.7%
Join SI Premium – FREE
Tyson Foods (NYSE: TSN) announced it will restructure its beef operations by closing two facilities and pursuing the sale of a third, according to a press release dated Aug. 13, 2026.
The company said it will end operations at its Joslin, Illinois, beef facility and its Eagle Mountain, Utah, case-ready facility. Tyson Foods is also pursuing the sale of its Pasco, Washington, beef facility.
The company said it will concentrate its beef business around three facilities in the central United States: Dakota City, Nebraska; Holcomb, Kansas; and Amarillo, Texas. As part of the restructuring, Tyson Foods plans to resume a second shift at its Amarillo facility as cattle supply allows.
Tyson Foods cited ongoing cattle supply constraints as a factor in the decision, referencing recent USDA cattle inventory data that indicated limited heifer retention and the likelihood that supply restrictions will continue. The company said the restructured network will allow it to maintain a similar level of cattle harvesting across fewer locations.
The company said it is committed to helping affected employees apply for open positions at other facilities. Tyson Foods did not disclose the number of workers affected by the closures.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BWS Financial Starts Twist Bioscience (TWST) at Sell, 'Insider selling activity picked up steam'
- Beyond Meat launches Phytosphere nutrition product portfolio
- Chilean Cobalt completes Phase 2 at NeoRe project, gets $1.5M investment
Create E-mail Alert Related Categories
Corporate News, Hot Corp. News, Mergers and AcquisitionsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share