Tyson Foods buys Tecumseh Farms to expand organic meat production
Category: #retail  By Pankaj Singh  Date: 2018-06-06
  • share
  • Twitter
  • Facebook
  • LinkedIn

Tyson Foods buys Tecumseh Farms to expand organic meat production

The largest meatpacker in the United States, Tyson Foods, announced on Monday that it has purchased Tecumseh Farms, the company providing quality air-chilled chicken under the brand Smart Chicken. The company believes this endeavor will give them a strategic boost in the organic food industry which is garnering more customers every year.

Though the terms regarding this deal were not revealed by any party involved, Tyson Foods has declared that it will operate Smart Chicken as a wholly owned subsidiary while retaining its 600-employee workforce at Tecumseh, Waverly and other live-chicken operations in southeast Nebraska. This will add to the already strong portfolio of Tyson Food’s organic products which include the brands NatureRaised Farms and Aidells.

As per records, Smart Chicken is sold in thousands of stores spanning nearly all the fifty states in the U.S. A recent report by the Wall Street Journal estimated profits of $40 million to be earned by Tecumseh Farms this year with sales anticipated to reach $170 million. A source at Tecumseh farms stated confidently that Tyson Foods has the resources needed to propel the Smart Chicken brand even further.

The group president for poultry at Tyson Foods, Doug Ramsey, complimented the efficient management of Tecumseh Farms and its strong consumer loyalty. He cited the growth that Smart Chicken will achieve with continuous production of quality chicken combined with the scale and resources that Tyson Foods has to offer.

Another source at Tyson Foods also emphasized on the growing inclination of consumers towards fresh and organic food suitable to their lifestyle.

Nielsen Perishables released a date according to which sales of organic fresh chicken grew 8.6% from 2016 to 2017, four times more than the traditionally raised poultry. As per experts, the evident growth in this segment proves that the acquisition of Tecumseh Farms will strengthen Tyson Food’s position as the world’s foremost organic chicken supplier.



About Author

Pankaj Singh

Email: [email protected]   

Pankaj Singh

Pankaj Singh Develops content for Market Size Forecasters, Algosonline, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

Read More

More News By Pankaj Singh

Amazon to open new fulfillment center with 500 jobs in Coweta County
Amazon to open new fulfillment center with 500 jobs in Coweta County
By Pankaj Singh

Brian Kemp, the 83rd Governor of Georgia, has recently announced that Amazon will be launching a new fulfillment center in Newman, adding 500 full-time jobs at the new facility in Coweta County. Employees in...

Payless emerges from Chapter 11 bankruptcy to reopen U.S. stores
Payless emerges from Chapter 11 bankruptcy to reopen U.S. stores
By Pankaj Singh

Payless ShoeSource has emerged from Chapter 11 bankruptcy for the second time and is planning a comeback after the closure of Brookville distribution center and retail stores in 2019. The company is currently focusing ...

Amazon puts an end to FedEx Ground ban for third-party Prime shipments
Amazon puts an end to FedEx Ground ban for third-party Prime shipments
By Pankaj Singh

Amazon, a leading company in the e-Commerce sector, has recently decided to lift its shipping ban on FedEx Ground deliveries for third-party Prime deliveries. Under the new agreement, third-party sellers will have acce...