Tyson Foods Inc (NYSE:TSN)
IndustrialTyson Foods Inc is a food company based in the United States.
The company is also one of the leading suppliers of chicken, beef, and pork, as well as various prepared foods.
The food processing firm is also engaged in exporting beef, pork, chicken, etc.
The company operates and manages its business through the following operating segments:
• Chicken Segment
• Beef Segment
• Pork Segment
• Prepared Foods Segment
Chicken Segment
The firm engages itself in processing and providing fresh, frozen, and other related chicken products through this unit. It also manages the marketing and selling the chicken products.
Beef Segment
The segment focuses on processing the fattened cattle and fabricating dressed beef carcasses for fresh meat, and other products.
Pork Segment
The segment deals with the processing of pork and fabricating carcasses into fresh meat cuts and other related products.
Prepared Foods Segment
The US-based company is engaged in the processing, manufacturing, marketing, and sale of refrigerated food products. In addition, this segment also caters to logistics operations regarding the food processing in the supply chain.
The diversified food company offers various products under a family of brands, including:
• Tyson
• State Fair
• Jimmy Dean
• Sara Lee
• Aidells
• Hillshire Farm
• Wright Ball Park
The food processing firm also deals in the marketing business, which includes sale of food items in different markets such grocery retail stores, grocery wholesalers, meat distributors, warehouse stores, and military commissaries.
Founder John W Tyson set up the food processing firm in 1935. The firm was initially known as Tyson Feed and Hatchery Inc.
In 1972, the firm rebranded itself to Tyson Foods Inc and introduced a logo. Its present headquarters are located in Springdale, Arkansas.
The Arkansas-based firm is among several companies listed on NYSE. The trading symbol for common stocks is ‘TSN’.
In 2014, the US-based food manufacturer acquired Hillshire Brands Co.
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