Tyson Foods will close four U.S. poultry plants during the first half of the 2024 fiscal year, the company announced in a press release.
The affected plants are located in North Little Rock, Arkansas; Corydon, Indiana; Dexter, Missouri; and Noel, Missouri.
In the press release, Tyson Foods CEO Donnie King said the “difficult decision … demonstrates our commitment to bold action and operational excellence as we drive performance, including lower costs and improving capacity utilization and build on our strategy of making Tyson Foods stronger in the long term.”
Tyson Foods stated that it expects to shift production to other facilities while ceasing operations at those four plants during the first two quarters FY 2024.
“We continue to evaluate the financial statement impact of the closures for charges related to contract terminations, impairments, accelerated depreciation, severance and retention,” the company stated in its release.
This move follows the closure of two other poultry plants within Tyson Foods’ network. On May 12, Tyson closed its poultry plants in Glen Allen, Virginia, and Van Buren, Arkansas.
At the time, a Tyson Foods spokesman said the Glen Allen and Van Buren plants were older, smaller plants, and “the current scale and inability to economically improve operations has led to the difficult decision to close the facilities.”
Tyson Foods, according to the WATTPoultry.com Top Poultry Companies Database, is the largest broiler producer in the United States, having processed 206.68 million pounds of ready-to-cook chicken on a weekly basis during the past year. The company is headquartered in Springdale, Arkansas.
