Food & Beverage
Tyson to Invest in Virginia Poultry Processing Facility
Tyson Foods Incorporated (NYSE:TSN) (Springdale, Arkansas) is in the planning stages of an expansion project at the company's poultry processing operations in Temperanceville, Virginia.
Released Friday, February 18, 2011
Researched by Industrial Info Resources (Sugar Land, Texas)--Tyson Foods Incorporated (NYSE:TSN) (Springdale, Arkansas) is in the planning stages of an expansion project at the company's poultry processing operations in Temperanceville, Virginia. Tyson may invest $21 million to add building space and install new processing equipment to increase the production capacity of the facility. The Temperance facility processes approximately 200,000 live birds per day.
Construction on the expansion is slated for the end of this year, and the project would be completed by the second quarter of 2012.
Tyson, along with local poultry processors, have called for more family-owned chicken houses to reduce the turnaround time between farm and processing plant. The Temperanceville facility would need 125 new chicken houses to support the company's proposed expansion.
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