Commodities
Tyson to Shut Kansas Plant as US Beef Shortage Erodes Profits
- Closure will eliminate 809 jobs as company cuts costs
- Tyson has had a series of plant closures since last year
The move adds to a series of plant shutdowns by Tyson Foods since last year as part of a broader turnaround effort.
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Tyson Foods Inc. will shut a meat plant in Kansas next year, eliminating 809 jobs, as the company seeks to slash costs amid a downturn in the beef industry.
The suspension of operations in Emporia is expected to be complete by Feb. 14, the company said in a letter to the Kansas Department of Commerce, citing a push to “operate more efficiently.” Activities at its laboratory in the same town also will be halted.