Tyson Foods to Indefinitely Suspend Waterloo Operations
Tyson Foods, Inc. (TSN)
Last tyson foods, inc. earnings: 2/6 07:30 am
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US:NYSE Investor Relations:
ir.tyson.com/investor-relations/default.aspx
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Source: GlobeNewswire
SPRINGDALE, Ark., April 22, 2020 (GLOBE NEWSWIRE) -- Tyson Fresh Meats, the beef and pork subsidiary of Tyson Foods, Inc. (NYSE: TSN), plans to indefinitely suspend operations at its Waterloo, Iowa, pork plant this week. The facility, the company’s largest pork plant, has been running at reduced levels of production due to worker absenteeism, and will stop production mid-week until further notice. The facility’s 2,800 team members will be invited to come to the plant later this week for COVID-19 testing. “Protecting our team members is our top priority and the reason we’ve implemented numerous safety measures during this challenging and unprecedented time,” said Steve Stouffer, group president of Tyson Fresh Meats. “Despite our continued efforts to keep our people safe while fulfilling our critical role of feeding American families, the combination of worker absenteeism, COVID-19 cases and community concerns has resulted in our decision to stop production. “The closure has
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