Tyson Foods recorded sales of $11.30 billion in Q2, an increase from 2020’s results of $10.89 billion. Demand for beef and prepared foods propelled these results. In June 2021, Tyson COO Donnie King succeeded Dean Banks as president and CEO, as Banks stepped down from the company and board “for personal reasons”.

Tyson invested $48m to expand its poultry operations in Arkansas, creating 70 jobs and adding extra capacity to the plant’s fully cooked processing lines. This expansion is set to be completed by the end of 2021. The meatpacking giant inaugurated its new poultry complex in Tennessee, following an investment of $425 million. Elsewhere, Tyson invested $55 million in a prepackaged meat expansion project at its South Carolina facility.