Tyson Foods: an multinational corporation focusing on meat
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I'd like to introduce some unfamiliar companies that may be helpful to your investment.
The company I am going to introduce is $(Tyson Foods, Inc. (TSN))$.
lt went public on 16th April 1963.
【Company Profile】
Tyson Foods, Inc. is an American multinational corporation, based in Springdale, Arkansas, that operates in the food industry. The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A..
It annually exports the largest percentage of beef out of the United States. Together with its subsidiaries, it operates major food brands, including Jimmy Dean, Hillshire Farm, Ball Park, Wright Brand, Aidells, and State Fair.Tyson Foods ranked No. 79 in the 2020 Fortune 500 list of the largest United States corporations by total revenue.
【History & Events】
1935: The company is founded.
1963: The company goes public and changes its name to Tyson's Foods, Incorporated.
1977: Tyson becomes the nation's largest hog producer.
1992: Tyson goes into the seafood business with the purchase of Arctic Alaska Fisheries, Inc., and Louis Kemp Seafood.
1998: Tyson merges with longtime competitor Hudson Foods. The founder's grandson, John Tyson, becomes chairman of the board.
2001: Tyson acquires IBP and becomes the world's largest processor and marketer of chicken, beef, and pork.
2016: Tyson bought a 5% stake in the meat alternative company Beyond Meat
2018: Tyson completes the acquisition of Keystone Foods from Marfrig Global Foods.
【Main bussness segments】
【Net Income & Total Revenue】
【Competitors】
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