Posted 2/1/2013 01:00 pm
Updated 2 years ago
Tyson Foods Inc. of Springdale said Friday that it has made $40 million in capital investments at four plants in four states that could create as many as 490 jobs.
CEO Donnie Smith announced the investment the same it released first-quarter earings and held its annual meeting.
Snith said expansion projects are under way at plants in Sherman, Texas, and Goodlettsville, Tenn., and that it has completed an expansion in Glen Allen, Va. Meanwhile, The Bruss Company, a subsidiary of Tyson Foods, has opened for business in Jacksonville, Fla.
Tyson said the Texas and Tennessee plants produce case-ready beef and pork. The plant in Virginia makes rotisserie chickens, breast filets, tenders and thighs for national foodservice customers. The Bruss Company is a manufacturer of portion-controlled steaks and chops for the foodservice industry.
"These are major investments we believe will help us maintain our position as a leader in the case ready business at two strategic locations, and in chicken and steaks with some of our key foodservice customers," Smith said. "All of these are prime locations because of the existing facilities and access to an excellent workforce."
Tyson said its Goodlettsville and Sherman locations will involve the installation of new equipment and production lines. Expansions, equipment installations and hiring for the new positions are expected to be complete by the end of April.
Tyson's Goodlettsville, Tenn., plant, where the company expects investing $7.7 million and hiring as many as 100 new people, produces pork cuts, ground beef products and beef cuts, including closely trimmed steaks, chops and roasts.
The Sherman, Texas, plant produces beef, ground beef and pork products, including closely trimmed steaks, chops, roasts and spareribs. Tyson expects hiring about 70 new workers and investing $5.6 million there.
The company said that each of the case-ready plants employs about 1,500 people. The Goodlettsville plant had a 2012 payroll of more than $45 million and the Sherman plant had a 2012 payroll of more than $49 million.
Tyson operates a third case ready plant in Council Bluffs, Iowa.