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Tyson Foods to close major beef plant, scale back operations as cattle supplies decline

On HALO

19 hours ago

Tyson Foods announced on Friday that it will close a major beef plant in Nebraska in January amid a decline in U.S. cattle supplies.The meatpacking giant is set to close a plant in Lexington, Nebraska, with about 3,200 employees. The company also said it will scale back its operations at a beef plant in Amarillo, Texas, moving to a single, full-capacity shift in a move that will affect about 1,700 workers.Those changes are expected to take effect around Jan. 20, and the company said it will increase production at its other facilities to meet customer demand."Tyson Foods recognizes the impact t...