Tyson Foods
Overview
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...
based in Springdale, Arkansas
Springdale, Arkansas
As of the census of 2010, there were 69,797 people, 22,805 households, and 16,640 families residing in the city. The racial makeup of the city was 64.7% White, 0.82% Black or African American, 1.8% Native American, 1.4% Asian, 5.7% Pacific Islander, 22% from other races, and 2.9% from two or more...
, that operates in the food industry
Food industry
The food production is a complex, global collective of diverse businesses that together supply much of the food energy consumed by the world population...
. The company
Corporation
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...
is the world's second largest processor and marketer of chicken, beef, and pork only behind Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
ian JBS S.A.
JBS S.A.
JBS is the largest Brazilian multinational in the food industry, producing fresh, chilled, and processed beef, chicken and pork, and also selling by-products from the processing of these meats. It is headquartered in São Paulo."." JBS S.A. Retrieved on February 3, 2011...
, and annually exports the largest percentage of beef out of the United States. With 2005 sales of US$26 billion, Tyson Foods is the second-largest food production company in the Fortune 500
Fortune 500
The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies collect. The list includes publicly and...
, the largest meat producer in the world, and according to Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
one of the 100 largest companies in the United States.
The company makes a wide variety of animal-based and prepared products at its 123 food processing
Food processing
Food processing is the set of methods and techniques used to transform raw ingredients into food or to transform food into other forms for consumption by humans or animals either in the home or by the food processing industry...
plants.
