Investing.com - Tyson Foods Inc (NYSE:TSN) will spend $84 million to expand its Tennessee poultry plant, adding 300 new jobs to a plant that already employs 1000 people.
"Customer and consumer demand for protein, especially chicken, is increasing so we're investing in projects that build on our strengths, expand our capabilities and increase our capacity," said Doug Ramsey, group president of poultry. "Expansions like this position us to grow and support our customers.”
The expansion project will start in the fall.