Skip to main content

Tyson Foods to Accelerate Brand Growth by Investing in Virginia

Nearly 400 jobs to be created by $300 million project

DANVILLE, Va., Aug. 26, 2021 (GLOBE NEWSWIRE) — Tyson Foods (NYSE: TSN) will invest $300 million to build a new, fully-cooked plant in Danville, Virginia, company officials announced today. The project is part of the company’s commitment to meet increasing demand and deliver on its strategy of accelerating long-term growth. The new facility is expected to create nearly 400 jobs when production begins in the spring of 2023.

“As consumers actively look to add more protein to their diets, Tyson is uniquely positioned as a category leader to meet that growing demand,” said Noelle O’Mara, President, Prepared Foods for Tyson Foods. “Our continued focus on consumer driven innovation will accelerate this momentum and our investment in Danville-Pittsylvania County will help drive the long-term growth of the iconic Tyson brand.”

The company will construct a 325,000-square-foot, state-of-the-art facility, primarily for the production of premium quality, fully-cooked Tyson branded chicken products, including Any’tizer® Snacks and Chicken Nuggets. The company has committed to purchase 60 million pounds of Virginia-grown chicken over the next three years. The facility will be built in Cane Creek Centre, an industrial park jointly owned by the City of Danville and Pittsylvania County.

“When corporate partners reinvest in the Commonwealth, it is a strong endorsement of the many attributes that make Virginia the best state for business,” said Virginia Governor Ralph Northam. “Tyson Foods has been a major employer in Virginia for more than five decades and continues its growth trajectory with this new operation in Danville-Pittsylvania County, creating hundreds of quality jobs for the citizens of Southern Virginia. We look forward to many years of success.”

A video demonstrating the processes at a Tyson fully-cooked poultry facility can be found here.

“Our company has been successfully working in the Commonwealth of Virginia for decades,” said David Bray, Group President of Poultry for Tyson Foods. “We’re thankful for the invitation to become a part of the Danville and Pittsylvania County communities, the support from both state and local leaders, and the presence of such a strong workforce in the region.”

The company employs more than 2,000 people across Virginia with an annual payroll of more than $76 million. Tyson Foods paid Virginia poultry growers more than $37 million in its 2020 fiscal year and estimates its total statewide impact to be $154 million. The company has processing operations in Glen Allen and Temperanceville.

It will be several months before the company will hire team members, but people who want to work for Tyson Foods are encouraged to frequently check the Tyson Foods Careers website.

About Tyson Foods, Inc.

Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp®, and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the company has 139,000 team members. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit TYSONFOODS.COM to learn more.

Media Contact: DEREK BURLESON, 479-290-6466

Newsroom: IR

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.