Tyson Partners With Rancher Group, Restarts Second Shift at Texas Beef Plant
Tyson Foods said it would partner with Allied Beef and restart a second shift at its Amarillo plant, citing efforts to revive a business squeezed by tight U.S. cattle supplies.
By Neil J Kanatt and Tom PolansekTyson Foods NYSE:TSN said on Monday it would partner with rancher group Allied Beef and restart a second shift at its Amarillo, Texas, beef plant, as it tries to revive a business squeezed by the tightest US cattle supplies in 75 years.The trough in cattle supplies…