Tyson Partners With Allied Beef Ranchers, Reopens Texas Plant Shift
Tyson Foods said it partnered with a rancher consortium and will reopen a second production shift at its Texas facility, citing tight U.S. cattle supplies.
Tyson Foods NYSE:TSN said on Monday it partnered with a rancher consortium and, in anticipation of the deal, will reopen a second production shift at its Texas facility as it seeks to revive a beef business squeezed by tight US cattle supplies.Here are more details