SPRINGDALE, Ark. — Tyson Foods Inc. says it’s closing three U.S. plants, employing a total 950 workers, which have struggled financially as the company’s product needs have changed.
Tyson, the biggest U.S. meat processor, is acquiring Chicago-based Hillshire Brands Inc. in a $8.5 billion deal. The companies hope to complete the sale by the end of September.
Hillshire Brands sale could bring more jobs here
Tyson announced Friday the planned closures of the plants in Cherokee, Iowa; Buffalo, New York; and Santa Teresa, New Mexico. The company said the action will enable it to move some of the operations and equipment at the plants to other, more cost-efficient Tyson plants.
The Cherokee plant will close Sept. 27, and the Buffalo and Santa Teresa plants are expected to shut down in the first half of 2015.
The affected workers will be encouraged to apply for job openings elsewhere in the company and will be invited to job fairs organized by the company, Tyson said.
THE ASSOCIATED PRESS
