Tyson Meals intends to promote its poultry complicated in Vienna, Georgia, to Home of Raeford Farms.
As soon as the transaction is finalized, Home of Raeford intends to proceed poultry processing on the complicated and provide employment to the present workforce, the corporate stated in an announcement. Home of Raeford additionally stated it plans to proceed to work with the complicated’s present community that’s already in place.
Tyson Meals, in a press launch, acknowledged that its determination to promote the complicated is “half of its continued efforts to optimize its plant community.” The corporate additionally acknowledged that it intends to proceed to service Vienna buyer orders from different Tyson services.
Phrases of the potential transaction haven’t been disclosed. Tyson Meals acknowledged that the deal is topic to customary closing circumstances, together with approval by U.S. regulators.
Tyson expanded the Vienna plant in 2015 with an funding of greater than $110 million. The mission concerned the addition of about 100,000 sq. ft, new gear and manufacturing traces. The corporate introduced on the time that the growth of that plant would create 500 jobs in Vienna.
Tyson Meals is the biggest broiler firm within the United States, having processed 218.6 million kilos of ready-to-cook rooster on a weekly foundation through the previous yr. Home of Raeford ranks because the ninth largest U.S. poultry producer, having processed 31.12 million kilos of ready-to-cook rooster weekly through the previous yr.
