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Tyson Foods announces plant closure

Tyson Foods (NYSE: TSN) announced today that it will close its Ponca City, Oklahoma processed meats plant and shift its production to other company facilities. The poultry peddler announced this move as part of its continued attempts to improve its operating efficiency.

Reportedly, Tyson will attempt to find a buyer for the plant -- as it has been in contact with other companies but no sale has been completed.

Continue reading Tyson Foods announces plant closure

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