Investment Tyson Foods plans $300 mill. meat packaging plant

by Editor fleischwirtschaft.com
Tuesday, May 14, 2019
Tyson Fresh Meats, a subsidiary of Tyson Foods Inc., will invest nearly $300 million to develop a food production plant in Utah County.
Photo: Tyson Fresh Meats
Tyson Fresh Meats, a subsidiary of Tyson Foods Inc., will invest nearly $300 million to develop a food production plant in Utah County.

Tyson Fresh Meats, a subsidiary of Tyson Foods Inc., will invest nearly $300 mill. to develop a food production plant in Utah County that will initially provide 800 new jobs and is expected to expand to 1,200 positions within three years, the Utah Governor’s Office of Economic Development announced.

The project is forecast to add an estimated $27 mill. in new state tax revenue over the next 10 years. The economic development office's board of directors approved a post-performance tax credit not to exceed $5.26 mill. over a 10-year-period and $300,00 from the Industrial Assistance Fund for last-mile infrastructure.

The proposed facility will be a 400,000-square-foot case-ready plant, which will take large cuts of beef and pork and convert them into steaks, chops, roasts and ground meat to be packaged, weighed and labeled on retail trays that are shipped and sold in grocery stores, explained Tyson Fresh Meats senior vice president Nate Hodne.

The Tyson Fresh Meats business unit currently has three case-ready plants, operating in Sherman, Texas, Council Bluffs, Iowa, and Goodlettsville, Tennessee, and hopes to open the Utah facility by 2021.

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