Tyson Foods announced plans to build new production facilities in China and Thailand, and expand its facility in the Netherlands. The latest expansions, adding over 100,000 metric tons of fully cooked poultry capacity, build on the company’s global growth strategy to become the leader in protein by serving emerging markets and strategic customers.
Shipments up 26% in Q1, mostly to Asia; market share now at 42 percent.
June 4, 2020
Amid a devastating pandemic that’s crippling economies worldwide, here’s a Port of Oakland (Port) bright spot: meat exports to Asia. the Port said today its meat exports jumped 26% in the first quarter of 2020 over Q1 2019. The Port said it now controls 42% of the market for meat exports leaving U.S. West Coast ports. Its nearest competitor, the Port of Long Beach, has 31% of the market.