Tyson Foods is the largest chicken, beef, and pork processor and marketer in the world. Tyson Foods was founded in 1935 by John W. Tyson in Springdale, Arkansas. As of September 30, 2017 Tyson Foods has ~122,000 employees world wide. Approximately ~117,000 in the United States, and ~5000 around the world (primarily in China).
Tyson Foods began in 1935 after John W. Tyson moved to Springdale, Arkansas looking for better opportunities. Tyson began raising chickens and selling them to surrounding markets in the Midwest, and the company Tyson Foods is born. Tyson Foods kept growing over the next decade, setting up new poultry businesses in Cincinnati, Ohio; Detroit, Michigan; and Cleveland, Ohio. A chick shortage for Tyson Foods lead to the creation of their own hatcheries and chicken feed businesses.
During World War II the United States put wartime rations on beef and began to subsidize poultry production. These subsidizes were good for Tyson Foods and lead to the company securing its position as a dominant poultry producer and processing company in the United States. They used their profits from this time to invest in vertical integration. These investments lead Tyson Foods to gain control over the majority of their business needs. Everything from feeding their chickens, growing their chicken, and distributing their chickens to the market.
During the post World War II period the poultry industry was under a lot of pressure from the post-war economy and from a chicken disease out break. Tyson Foods began buying up surrounding poultry producers to mitigate their risk of bankruptcy and from being bought out by larger companies. In 1957, Tyson Foods officially controlled each step of its operations after the completion of its first chicken processing plant in Springdale, Arkansas.
In April 1963 Tyson Foods went public selling 100,000 shares at 10.50. Shortly after in 1967, the founder of Tyson Foods John W. Tyson and his wife died in a car crash. After the death of John W. Tyson, his son Don Tyson took over the company, and successfully grew the company over the next 30 years to become one of the leading producers of meat in the world.
1982 was an important year for Tyson Foods. They were put on the Fortune 500 list for the first time and signed major contracts with McDonalds to supply them with chicken nuggets. The company kept growing, and by 2002 they had become the second largest publicly traded food company in the United States after acquiring several new companies including Holly Farms (1988), Hudson Foods (1997), and Iowa Beef Producers (2002).
In the fiscal year of 2006, Tyson Foods posted a loss of $196 million. Resulting in John Tyson (the son of Don Tyson) resigning as CEO and being replaced by Richard Bond.
Tyson Food locations
Tyson Food factories are primarily located in the Midwest and Southern regions of the United states.
River Valley Animal Foods
North Little Rock
River Valley Animal Foods
Tyson Foods headquarters; Chicken
Prepared foods; Further processed beef
Tyson Food brands
Tyson food has many different brands under its name. Each can be found below:
- Jimmy Dear
- Hillshire farms
- Hillshire snacking
- Ball Park
- Tyson Tastemakers
- Golden Island
- State Fair
- Nature Raised Farms
- Sara Lee
- Wright Brand
- Gallo Salame
- The Bruss Company
- Chairman's Reserve Beef
- Lady Aster
- Open Prairie
- Star Ranch Angus
- Supreme Tender Pork
- Advance Pierre Foods
- Barber Foods
- Big AZ
- Fast Fixin
- Original Philly
- True Chews
- Top Chews
- River Valley Animal Foods
Tyson Foods acquires Iowa Beef Producers (IBP)
In 2002 Tyson Foods buys IPB and becomes the second largest public American food company.
Tyson Foods announces it buy Hudson Foods for $642.4 million
After Hudson Foods recalled 25 million pounds of hamburgers, Tyson Foods announced they will buy out Hudson Foods for $642.4 million.
Tyson Foods purchases Holly farms for $1.4 billion
Holly Farms is bought buy Tyson Foods for $1.4 billion.
Tyson Foods make the Fortune 500 list
Tyson foods was put on the Fortune 500 list for the first time and signed major contracts with McDonalds to supply them with chicken nuggets.
Founder of Tyson Foods, John W. Tyson, dies in a car crash
In 1967, John W. Tyson and his wife die in a car crash.
Tyson Foods goes public
In April, 1963 Tyson Foods became a publicly traded company and sold 100,000 shares at $10.50.
Tyson Foods builds first chicken processing plant
In 1957, Tyson Foods officially controlled each step of its operations after the completion of its first chicken processing plant in Springdale, Arkansas.
World War II begins and US government subsidizes poultry production
During World War II the United States put wartime rations on beef and began subsidizing poultry production. This was good news for Tyson Foods and lead the company to securing its position as a dominant poultry producer and processing company in the United States.
Founding of Tyson Foods
Tyson Foods was founded in 1935 by John W. Tyson in Springdale, Arkansas.
John W. Tyson
Founder and former CEO
Executive vice president, general counsel
Barbara A. Tyson
Cheryl S. Miller
Group president, Poultry
Gaurdie E. Banister Jr.
Lead independent director
Jeffery K. Schomburger
Chairman of the board
Executive vice president corporate strategy & chief sustainability officer
Kevin M. McNamara
Executive vice president & chief of human resources officer
Mikel A. Durman
Group president; beef, pork, & international
Robert C. Thurber
Group president, prepared foods
Chief customer officer
Executive vice president & chief technology officer
Stewart F. Glendinning
Executive vice president & chief financial officer
President & CEO
BUSINESS; Why Is He on Top? He's a Tyson, for One
History of Tyson Foods, Inc. – FundingUniverse
International Directory of Company Histories
Lab-Grown Meat Startups Backed by Bill Gates, Tyson Foods FaceÂ FDAÂ Oversight
No exec bonuses: Tyson misses earnings target
Associated Press/NBC news
The feathered kingdom: Tyson Foods and the transformation of American land, labor, and law, 1930--2005.
Brent E. Riffel
Tyson Foods begins construction of $300m poultry plant
Tyson: From Farm to Market- The Remarkable Story of Tyson Foods
Why Tyson Foods Is Using Blockchain Technology to Track Your Chicken
Documentaries, videos and podcasts
Tyson Foods - Historical "Founders Room" Museum
July 5, 2013
Tyson Foods CEO: Raising Expectations | Mad Money | CNBC
November 2, 2017
Tyson Foods Is On a Mission
March 6. 2018
What's in a Tyson Fun Nugget? [Extended]
May 3, 2017
- CompanyA company, abbreviated 'co.', is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise.
- FoodAny substance consumed to provide nutritional support for the body; form of energy stored in chemical form