Tagged: donnie smith

Tyson Foods' Net Income Up 32 Percent, But Beef Market Cuts Forecast

by Marty Cook and Lance Turner 8/3/2015 7:01 am

Tyson Foods Inc. of Springdale on Monday reported third-quarter net income of $343 million, or 83 cents per share, up 32 percent from $260 million, or 73 cents per share, during the same quarter last year.

Tyson Among Poultry Giants Curtailing Antibiotic Use

by Marty Cook 7/20/2015 12:00 am

Christine Daugherty is almost irrepressibly energetic. It’s a trait that serves her well in her role as vice president of sustainable food production at Tyson Foods of Springdale.

Hillshire Business Helps Drive Tyson Foods' 2Q Sales

by Lance Turner 5/4/2015 6:56 am

Tyson Foods Inc. of Springdale reported second-quarter net income of $310 million, up 45 percent from the same quarter last year as sales in its Prepared Foods division shot up after the company's purchase of Hillshare Brands last year.

Tyson Foods to Cut Human Antibiotics From US Chickens by 2017

by Marty Cook 4/28/2015 10:30 am

Tyson Foods Inc. of Springdale said Tuesdsay that it is working to eliminate the use of human antibiotics from U.S. broiler chicken flocks by September 2017.

Tyson Foods Gives $1M to Downtown Springdale Alliance

by Mark Carter 1/23/2015 3:37 pm

Tyson Foods Inc. has given $1 million to the Downtown Springdale Alliance, the nonprofit working to revitalize the city's original downtown.

The Top 10 Business Stories of 2014

by Arkansas Business Staff 12/30/2014 7:12 pm

Politics, white-collar crime, banking acquisitions, Turner Grain and more. Arkansas Business recaps the top 10 stories from the year that was 2014.

Total Compensation Up for Tyson Executives in 2014

by Lance Turner 12/24/2014 10:07 am

Total compensation rose for top executives at Tyson Foods Inc. of Springdale in 2014, the same year the company completed its biggest acquisition ever.

Tyson CEO Donnie Smith: Hillshire Opens Door to More Growth

by Marty Cook 11/19/2014 1:17 pm

Donnie Smith, CEO and president of Tyson Foods Inc. of Springdale, said Wednesday that it's an exciting time to be in the food business, especially as the company moves forward after its $8.55 billion acquisition of Hillshire Brands Inc. of Chicago.

Tyson Foods 3Q Profit Climbs 4.4 Percent, Will Sell Chicken Business in Brazil, Mexico

by Marty Cook 7/28/2014 7:22 am

Tyson Foods Inc. of Springdale, reporting a record third-quarter profit and the sale of new stock and other equity, also said it is selling poultry operations in Brazil and Mexico in order to help pay for its acquisition of Hillshire Brands Co. of Chicago.

Top Brands Fuel Tyson’s Biggest Play

by Marty Cook 7/21/2014 12:00 am

Tyson officially began the process of buying Hillshire Brands Co. of Chicago on Wednesday, according to a filing with the Securities & Exchange Commission. For Tyson executives, though, the chance to acquire Hillshire’s enviable top-rated brands was irresistible.

Tyson Foods Would Boost Prepared Foods in $8.5B Hillshire Deal

by Lance Turner 6/9/2014 11:32 am

Meat producer Tyson Foods Inc. has won a bidding war for Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with a $63 per share offer. Both Tyson and Pilgrim's Pride had been bidding of Hillshire. Pilgrim's Pride says it is withdrawing its offer.

Update: Tyson Foods Wants to Buy Hillshire Brands In $6.8B Deal

by Lance Turner and Marty Cook 5/29/2014 11:44 am

Tyson Foods Inc. of Springdale proposes the biggest acquisiton in its history, offering to purchase Hillshire Brands for $50 per share, or about $6.8 billion. The offer comes as Hillshire weighs another merger proposal by Pilgrim's Pride and the purchase of Pinnacle Foods.

Tyson Foods' 2Q Profit Up 124 Percent, A Record

by Lance Turner 5/5/2014 7:17 am

Tyson Foods Inc. of Springdale on reports record second-quarter profit, which rose 124 percent to $213 million from the same time last year.

Donnie Smith, Wife Pledge $3.2M to University of Tennessee Foundation

by Lance Turner 2/5/2014 2:57 pm

Donnie Smith, the CEO of Tyson Foods Inc. of Springdale, and his wife Terry are giving $3.2 million to the University of Tennessee Institute of Agriculture.

Tyson Foods CEO Donnie Smith to Moderate Business Forecast Luncheon

by Lance Turner 1/8/2014 11:38 am

The University of Arkansas will host a panel of economic forecasters for its 20th annual Business Forecast Luncheon on Thursday, Jan. 16.

John Tyson Reaps $20 Million in Pay, Stock Options

by Gwen Moritz 12/20/2013 3:48 pm

Tyson Foods Inc. also paid $29.85 million to a Tyson family-owned company for 1 million shares of Class B stock, the newly release proxy reveals.

Wall Street Journal Goes Inside Tyson Foods' China Chicken Farms

by Lance Turner 12/10/2013 10:43 am

The Wall Street Journal examines Tyson Foods Inc.'s China operations. The meat processor is working to build more company-owned chicken farms there.

Tyson Foods CEO Donnie Smith On Cover of Retail Leader Magazine

by Lance Turner 6/27/2013 9:27 am

Tyson Foods Inc. CEO Donnie Smith talks about his goals for the world's largest meat processor in an interview with Retail Leader magazine.

Tyson Foods' 2Q Profit Down 43 Percent

by Lance Turner 5/6/2013 7:19 am

Tyson Foods Inc. of Springdale reports second-quarter net income of $94 million, down 43 percent from the same quarter last year. But the meat processor is expecting a stronger second half of 2013.

Tyson Foods Spends $40 Million, Adds 490 Jobs in 4 States

by Arkansas Business Staff 2/1/2013 1:00 pm

Tyson Foods Inc. of Springdale says it has made $40 million in capital investments at four plants in four states that could create as many as 490 jobs.