NEWS
Mon Jul 28, 2014 07:59 AM CDT

(Dow Jones) -- Tyson Foods Inc. said Friday that ahead of its purchase of Hillshire Brands Co., it will close three facilities it acquired in the 2001 purchase of beef and pork processor IBP Inc.

The closures, which will result in about 950 job cuts, come as Tyson was criticized by some analysts and investors over the price of its $7.7 billion deal for Hillshire, which makes Ball Park brand hot dogs, among other products. As of September 2013, Tyson had about 115,000 employees.

The company will close its Cherokee, Iowa, plant effective Sept. 27. Its Buffalo, N.Y., and Santa ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Russia Bans Poultry From US
Cargill Recalls W. Canada Ground Beef
Building a Beef Co-Op
U.S. Appeals COOL WTO Ruling
What Now for Meat Labels?
Harrington's Sort and Cull
Head Start
Harrington's Sort and Cull