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Is Tyson Foods' (TSN) Beef Plant Wind-Down a Clue to Its Evolving Capacity Strategy?
Tyson Foods recently chose to continue limited operations at its closing beef plant in Lexington, Nebraska, temporarily retaining about 292 workers to handle closure-related duties amid tight cattle supplies that had raised processing costs.
By exploring a potential sale or alternative use for the facility, Tyson Foods is signaling an effort to soften the plant’s economic impact on the local community.
We’ll now examine how this decision to extend limited operations and preserve some jobs,...