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April 23, 2021updated 11 May 2021 7:22pm

Tyson Foods boosts chicken capacity in Arkansas

By Simon Harvey

US meat major Tyson Foods is spending US$48m on a plant in Arkansas to boost capacity of cooked chicken products sold into the retail and foodservice channels.

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  • Five-year forecasts and the impact of COVID-19
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  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
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The investment in the site in Pine Bluff, located in Jefferson County and opened in 1991, aims to support the New York-listed firm’s long-term growth in its poultry business, with the project expected to create 70 jobs, adding to the factory’s employee count of more than 1,100. Work is due to be completed late this year.

Expansion in production is centred on fully-cooked chicken tenders, chicken strips, boneless and bone-in wings, and air-fried products. The investment will also add automated processes to packaging lines.

Donnie King, the president and chief operating officer for Tyson’s poultry division, said the Arkansas Economic Development Commission and the Economic Development Alliance for Jefferson County provided assistance and support for the project

He added: “The demand for convenient, high-quality chicken products continues to grow and we’re investing in projects that meet the needs of our customers and consumers.”

Tyson has recently added capacity for beef and pork products too. In March, the company announced it planned to spend $42m on repurposing a plant previously earmarked for closure in Columbia, South Carolina, to manufacture portioned packages of sliced, fresh beef and pork, as well as ground beef.

King was given the additional COO role in February to oversee a reorganisation of Tyson’s business segments in poultry, beef, pork and ready meals in order to speed up innovation. At the time, he said: “We must simplify and focus our structure to facilitate faster operational decision-making, and we must remove obstacles to provide an unmatched customer experience.”

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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