Tyson Foods, Inc. has announced network changes aimed at strengthening its long-term beef business. The company will be shutting down its beef facility in Lexington, Nebraska, and converting its Amarillo, Texas, beef facility to a single, full-capacity shift. These changes are part of the company's effort to optimize volumes across its network and meet customer demand. In addition to these changes, production will be increased at other company beef facilities.
Tyson Foods has also emphasized its commitment to supporting its team members and the communities affected by these decisions. The company will assist its team members in applying for open positions at other facilities and provide relocation benefits as part of its efforts to support them through this transition.
With these network changes, Tyson Foods aims to ensure its ability to continue delivering high-quality, affordable, and nutritious protein for generations to come.
Tyson Foods, Inc. (NYSE: TSN) is a world-class food company with a broad portfolio of iconic products and brands, including Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, State Fair®, Aidells®, and ibp®. As of September 27, 2025, the company had approximately 133,000 team members.
Following these announcements, the company's shares moved 1.82%, and are now trading at a price of $53.67. For the full picture, make sure to review TYSON FOODS, INC.'s 8-K report.
