Tyson Foods Invests $70 Million in South Arkansas Community
New State-of-the-Art Hatchery Will Increase Capacity and Improve Operational Efficiency
HOPE, Ark. – March 20, 2022 – Tyson Foods, Inc. (NYSE: TSN) is investing $70 million to construct a state-of-the-art hatchery in Hope, Arkansas. The new hatchery will replace the existing facility and triple capacity, contributing to operational efficiencies at the company’s nearby poultry processing complexes in Hope and Nashville, Arkansas. Construction on the 131,000-square-foot hatchery will take approximately two years, with completion slated for late 2024.
“We continually strive to unlock the next level of excellence in quality and service to our customers,” said Donnie King, president and CEO of Tyson Foods. “This investment is another way to demonstrate our long-term commitment to our home state of Arkansas and the Hope and Nashville communities.”
The new hatchery will employ team members from the existing facility and create new job opportunities for the residents of Hope and surrounding areas. It will also provide new contract opportunities for prospective poultry farmers. To be considered for a contract for the Hope complex, prospective farmers must have existing chicken housing or property that can be used to build housing within a radius of approximately 30 to 50 miles around the Hope hatchery. To learn more about contract farming opportunities with Tyson Foods, farmers should contact Alan Davis, live operation manager, at the Tyson Foods Hope poultry complex at [email protected].
Interested applicants are encouraged to visit www.tysonfoods.com/careers to learn more about open positions at the new hatchery, and nearby Hope and Nashville facilities.
The project is one of two new investments made in Arkansas since 2022. Tyson Foods recently invested $67 million investment in Hempstead County, including a new feed mill. In total, Tyson has invested over $240 million and supported more than 24,000 team members in Arkansas.
About Tyson Foods
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 four 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®. Headquartered in Springdale, Arkansas, the Company had approximately 142,000 team members on October 1, 2022. 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 www.tysonfoods.com.