Tyson Foods

Tyson Foods, Inc.
Company typePublic
NYSE: TSN (Class A)
S&P 500 component
IndustryFood processing
Founded1935; 89 years ago (1935)
FounderJohn W. Tyson
HeadquartersSpringdale, Arkansas, U.S.
Area served
Worldwide
Key people
John H. Tyson (Chairman)
Donnie King (CEO)
ProductsMeat and Cultured Meat
Revenue
  • Increase US$ 53.282 billion (2022)[1]
  • Increase US$ 4.410 billion (2022)[1]
  • Increase US$ 3.238 billion (2022)[1]
Total assets
  • Increase US$ 36.821 billion (2022)[1]
Total equity
  • Increase US$ 19.811 billion (2022)[1]
Number of employees
142,000 (2022)[1]
Websitetysonfoods.com

Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas that operates in the food industry. The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A. It is the largest meat company in America.[2] It annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and State Fair.[3] Tyson Foods ranked No. 79 in the 2020 Fortune 500 list of the largest United States corporations by total revenue.[4]

Tyson Foods has been involved in a number of controversies related to the environment, animal welfare, and the welfare of their own employees. During the COVID-19 pandemic, Tyson Foods was accused by some employees of failing to implement certain recommended protections, including physical distancing measures, plexiglass barriers and wearing of face masks.[5] Multiple lawsuits have been filed against the company, alleging gross and willful negligence for the spread of COVID-19 at their plants.[6][7] Additionally, Tyson is being investigated for allegations of child labour.[8]

  1. ^ a b c d e f "2022 Annual Report on Form 10-K" (PDF). ir.tyson.com. Retrieved April 28, 2022.
  2. ^ Lim, C. J. (2017). Inhabitable Infrastructures: Science fiction or urban future?. New York, NY: Routledge. p. 227. ISBN 978-1-138-11966-6.
  3. ^ "Tyson Foods Inc – Company Description". Bloomberg.com. p. 2. Retrieved June 26, 2016.
  4. ^ "Tyson Foods 2020 Fortune 500". Fortune. Retrieved September 23, 2020.
  5. ^ "Los trabajadores de Tyson: ¡Luchamos por alimentos justos!". Gatopardo (in Spanish). January 14, 2023. Retrieved January 17, 2023.
  6. ^ Cite error: The named reference :7 was invoked but never defined (see the help page).
  7. ^ Cite error: The named reference :8 was invoked but never defined (see the help page).
  8. ^ https://finance.yahoo.com/news/tyson-foods-under-investigation-over-123423316.html