by Talk Business & Politics staff (staff2@talkbusiness.net)
On the heels of Tyson Foods’ announcement to close its processing plant in Van Buren, Ark., with the elimination of almost 1,000 jobs, the Springdale-based meat giant reports a new $70 million hatchery it will build in Hope that will be completed in late 2024.
The new 131,000-square-foot hatchery will replace the existing facility and triple capacity, contributing to operational efficiencies at the company’s nearby poultry processing complexes in Hope and Nashville, Ark.
“We continually strive to unlock the next level of excellence in quality and service to our customers,” said Donnie King, CEO of Tyson Foods. “This investment is another way to demonstrate our long-term commitment to our home state of Arkansas and the Hope and Nashville communities.”
https://talkbusiness.net/2023/03/tyson-foods-to-build-70-million-hatchery-in-hope/