Tyson Foods To Shut Down Major Beef Plant In Nebraska Weeks After Trump Launched Probe On Meatpackers - Tyson Foods (NYSE:TSN)

Tyson Foods Inc. (NYSE:TSN) has announced the closure of its beef plant in Lexington, Nebraska, to “position” itself for long-term success.Historic Cattle Lows Force Tyson CutsThe meat processing giant’s decision to close the Nebraska plant was prompted by the lowest U.S. cattle supplies in nearly 75 years. The plant is set to cease operations in January, with the company also scaling back its Amarillo, Texas facility to a single shift.“Tyson Foods recognizes the impact these decisions have on team members  ...