Tyson Foods plant closing impacts on Nebraska beef industry
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Tyson Foods plant closing impacts on Nebraska beef industry
The end of production in Lexington will hurt the plant's 3,200 employees. But it will also spell trouble for the truckers and producers who weave their way onto the compound every day, hauling roughly 4,000 heads of cattle. https://www.ketv.com/article/tyson-foods-plant-closing-could-spell-broader-trouble-for-beef-industry-in-nebraska/69599187
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The Associated Press (AP) on Instagram: "A pall is hanging over the holiday season in Lexington, Nebraska, where the Tyson beef plant, by far the largest employer in this small town, is set to lay off 3,200 people when the company closes its facility on Jan. 20 after three decades of operation. Tyson says it’s closing the plant to “right-size” its beef business after a historically low cattle herd in the U.S. and the company’s expected loss of $600 million on beef production next fiscal year."
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