25 November, 2020 - 27 November, 2020
01 December, 2020 - 02 December, 2020
09 December, 2020 - 10 December, 2020
15 December, 2020 -
United States (Eastern time)
11 January, 2021 - 13 January, 2021
Sao Paulo, Brazil
The U.S. headquartered meat processor plans to build new production facilities in China and Thailand, as well as to expand its facility in the Netherlands.
Tyson Foods said the expansions are expected to create many direct and indirect jobs as production starts in local communities. The new plant in China is expected to create more than 700 jobs and the European expansion will add more than 150 jobs. Thailand’s new plant, part of a long-standing joint venture with GFPT Public Company Limited, is expected to bring more than 1,000 jobs.
“Global population and income growth will continue to drive an increased need for protein”, said Dean Banks, President and CEO, Tyson Foods. “These investments allow us to increase our in-country operations and global export capabilities, helping us bring more safe, high-quality protein for consumers in these countries as well as for customers in other parts of the world.”
Chris Langholz, President, Tyson Foods International, said the company has been “aggressively building” its overseas presence in foodservice and expanding into retail with innovative products. “Our team recently launched the Tyson brand into key markets, including in European foodservice and in Thailand retail, through e-commerce. We invested in e-commerce platforms in Malaysia and Australia to meet consumer demand as Covid-19 accelerates e-commerce food delivery across the globe. The marketplace is changing, and we’re changing with it. We’ll continue to enhance our ability to serve growing global demand for value-added protein”, said Langholz.
Tyson Foods’ recent acquisitions and joint ventures have expanded the company’s international footprint in China and India to include Thailand, Malaysia, Australia, South Korea, Netherlands and Brazil, giving the company access to demand through in-country production, as well as exports to many global markets. In fiscal year 2019, the company generated US$5.4 billion in international sales, which included U.S. export sales.