Tyson Fresh Meats, a subsidiary of Tyson Foods, Inc., said it is reducing its beef production capacity by permanently shutting down beef operations at its Denison, Iowa plant due to a continued lack of available cattle.
"This was a very difficult decision because it affects the lives of our people, their families and a community that has supported this plant for more than 50 years," said Steve Stouffer, president of Tyson Fresh Meats. "However, the realities of the beef business have changed and we must continue to change with it to remain successful.