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Tyson Foods Selects Chief Integration Officer

Tyson Foods, Inc. (NYSE: TSN) has named a chief integration officer to support acquisitions that help drive the company’s strategic growth and raise the world’s expectations for how much good food can do.

George Chappelle, chief operating officer at AdvancePierre Foods, has been selected for the role. He will report directly to Tyson Foods President and CEO Tom Hayes and be a member of the company’s Enterprise Leadership Team.

Tyson Convenience Releases Insights From National Survey To Help Retailers Attract Customers

With 29 percent of consumers saying they will drive more in June as compared to the previous month (2017 NACS Consumer Fuels), and U.S. gas prices at the lowest level for the summertime since 2005, convenience stores are ready to welcome a wave of consumers traveling near and far. In support of the summer season, Tyson Convenience today released results from a national consumer survey conducted with 1,000 U.S. adults aged 18+ to help retailers understand which prepared foods customers prefer for making their trip more enjoyable, regardless of the distance.

Tyson Foods Rolls Out High Tech High Touch Animal Welfare Program

As part of its focus on sustainable food production, Tyson Foods (NYSE: TSN) has launched a broad, new animal well-being initiative that combines the latest technology with high-touch monitoring and training to improve the care of chickens.

The company has implemented the U.S. meat industry’s most extensive third-party remote video auditing (RVA) system, is fielding what is believed to be the world’s largest team of animal well-being specialists and is introducing a pilot project for controlled atmosphere stunning (CAS) at two of its poultry facilities this year.

Tyson Foods to Invest 59 Million Dollars to Expand Macon GA Distribution Center

Tyson Foods, Inc. is investing $59 million to expand its distribution center in Macon, a move that will add jobs, improve efficiency and support the company’s plans for growth.

The project, which will begin this summer, includes a 152,000-square foot addition to the existing facility. The Macon distribution center currently serves retail and foodservice customers in North Carolina, South Carolina, Georgia, Florida and Alabama. The expansion is expected to be completed in late 2018 and is expected to add more than 100 jobs, bringing total employment at the distribution center to almost 240.

Tyson Foods Names Hewlett Packard Enterprise Executive as Chief Technology Officer

As part of the company’s strategic focus on technology, Tyson Foods, Inc. (NYSE: TSN) has hired Hewlett Packard Enterprise (HPE) Chief Information Officer Scott Spradley to become the company’s chief technology officer, effective June 26.

Tyson Foods Voluntarily Recalls Foodservice Chicken Products

Tyson Foods, Inc. is executing a voluntary recall of 82,760 cases of chicken products after being notified by a supplier that ingredients supplied to Tyson Foods may contain undeclared milk, a known allergen. These ingredients were used in production of select Tyson Foods foodservice products listed below. The recall is limited to foodservice distributors, and affected products are not available for purchase in retail stores.

Tyson Foods Successfully Completes Acquisition of AdvancePierre

Tyson Foods, Inc. has successfully completed the acquisition of AdvancePierre Foods Holdings, Inc., a move aligned with Tyson Foods’ strategic intent to sustainably feed the world with the fastest growing portfolio of protein packed brands.

The company completed a tender offer to buy all the outstanding shares of common stock of AdvancePierre for $40.25 per share in cash, without interest. The offer expired at 12:00 midnight at the end of June 6, 2017, and was followed by a merger of a wholly-owned subsidiary of Tyson Foods into AdvancePierre. The total value of the transaction was approximately $4.2 billion.

AdvancePierre is a leading national producer of ready-to-eat lunch and dinner sandwiches, sandwich components and snacks. Its customers include foodservice, retail and convenience store providers.  AdvancePierre, which employs approximately 4,500 people, generated revenues of $1.6 billion in 2016.

Tyson Foods Gives 325 000 dollars to the Dover Public Education Foundation

Tyson Foods, Inc. (NYSE: TSN) announced today a $325,000 grant to the Dover Public Education Foundation in Dover, Arkansas, to help fund the district’s Tyson Agricultural Education Center. The facility provides students with hands-on opportunities in several aspects of agriculture and agriculture business education.

The gift marks nearly $3.5 million in education and workforce development grants made by Tyson Foods in Arkansas since 2015, a significant milestone in the company’s ongoing efforts to invest in education in its home state.

Tyson Foods Teams with World Resources Institute on Industry Leading Environmental Goals
As part of its deeper commitment to sustainable food production, Tyson Foods, Inc. (NYSE: TSN) today announced a collaboration with the World Resources Institute (WRI) to develop industry leading, science-based greenhouse gas (GHG) and outcome-based water conservation targets for its operations and the company’s supply chain.

Tyson Foods Inc Announces Pricing of Senior Notes Offerings

Tyson Foods, Inc. (the “Company”) (NYSE: TSN) announced today that it has agreed to sell $300 million aggregate principal amount of its Floating Rate Senior Notes due 2019 (the “2019 notes”), $350 million aggregate principal amount of its Floating Rate Senior Notes due 2020 (the “2020 notes”), $1,350 million aggregate principal amount of its 3.55% Senior Notes due 2027 (the “2027 notes”) and $750 million aggregate principal amount of its 4.55% Senior Notes due 2047 (the “2047 notes”) in underwritten public offerings under its effective shelf registration statement. The 2019 notes will bear interest, reset quarterly, equal to three-month LIBOR plus 45 basis points and the 2020 notes will bear interest, reset quarterly, equal to three-month LIBOR plus 55 basis points. The offerings are expected to close on June 2, 2017, subject to the satisfaction of customary closing conditions.

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