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Tyson Foods (TSN) Boosts Capacity With New KY Bacon Facility
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Tyson Foods, Inc. (TSN - Free Report) has marked a significant expansion in its bacon production capabilities with the opening of a $355-million food production facility in Bowling Green, KY. This state-of-the-art 400,000-square-foot plant is poised to become a central pillar in Tyson Foods' strategy to meet the increasing demand for bacon in the retail and foodservice sectors.
Image Source: Zacks Investment Research
Details on The Facility
The new facility is designed to produce an impressive two million pounds of bacon per week. These include premium quality Jimmy Dean and Wright Brand bacon, which are integral to Tyson Foods' sales exceeding $1 billion in the bacon category. With the increased capacity, the company is well-positioned to address current market needs and future growth.
The facility is designed to significantly enhance the company's bacon production capabilities. This aligns with the growing consumer demand in the bacon category. The expansion into innovative bacon flavors, cuts and products indicates Tyson Foods' commitment to growth and adaptation to market trends.
The choice of Bowling Green for the new facility is strategic, considering its proximity to the necessary raw materials within Tyson Foods’ pork supply chain, as well as efficient transportation routes. This placement aligns with the company’s focus on operational excellence and efficiency.
A key feature of the Bowling Green plant is its advanced automation and design, prioritizing the safety and well-being of team members. The facility incorporates high-tech robots for reducing ergonomic stress and autonomous systems for efficient product movement.
Other Growth Measures
Tyson Foods, with its notable array of brands, maintains a dominant position in the majority of retail categories. The company's initiatives aimed at enhancing productivity, particularly through improvements in procurement, logistics and digital technologies, are showing positive results. Additionally, Tyson Foods is concentrating on expanding its reach into international markets as part of its strategic growth plan.
This Zacks Rank #1 (Strongly Buy) company has gained 18.8% in the past three months against the industry’s growth of 7.7%.
Three Other Solid Picks
Some other top-ranked stocks from the same sector are Flowers Foods (FLO - Free Report) , Ingredion Incorporated (INGR - Free Report) and The Coca-Cola Company (KO - Free Report) .
Flowers Foods emphasizes providing high-quality baked items, developing strong brands, making innovations to improve capabilities and undertaking prudent acquisitions. The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Flowers Foods’ current financial-year sales indicates growth of 5.9% from the 2022 reported figure. FLO has a trailing four-quarter average earnings surprise of 6.8%.
Ingredion serves diverse sectors in food, beverage, brewing, pharmaceuticals and other industries. INGR currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for Ingredion’s current financial-year earnings and sales indicates growth of 24.8% and 5%, respectively, from the 2022 reported figures. INGR has a trailing four-quarter average earnings surprise of 23.9%.
Coca-Cola is putting its best foot forward to evolve its business model to become a total beverage company with something for everyone to drink. The company currently has a Zacks Rank #2.
The Zacks Consensus Estimate for Coca-Cola’s current financial-year earnings and sales indicates growth of 8.1% and 5.7%, respectively, from the 2022 reported figures. KO has a trailing four-quarter average earnings surprise of 5.1%.
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Tyson Foods (TSN) Boosts Capacity With New KY Bacon Facility
Tyson Foods, Inc. (TSN - Free Report) has marked a significant expansion in its bacon production capabilities with the opening of a $355-million food production facility in Bowling Green, KY. This state-of-the-art 400,000-square-foot plant is poised to become a central pillar in Tyson Foods' strategy to meet the increasing demand for bacon in the retail and foodservice sectors.
Image Source: Zacks Investment Research
Details on The Facility
The new facility is designed to produce an impressive two million pounds of bacon per week. These include premium quality Jimmy Dean and Wright Brand bacon, which are integral to Tyson Foods' sales exceeding $1 billion in the bacon category. With the increased capacity, the company is well-positioned to address current market needs and future growth.
The facility is designed to significantly enhance the company's bacon production capabilities. This aligns with the growing consumer demand in the bacon category. The expansion into innovative bacon flavors, cuts and products indicates Tyson Foods' commitment to growth and adaptation to market trends.
The choice of Bowling Green for the new facility is strategic, considering its proximity to the necessary raw materials within Tyson Foods’ pork supply chain, as well as efficient transportation routes. This placement aligns with the company’s focus on operational excellence and efficiency.
A key feature of the Bowling Green plant is its advanced automation and design, prioritizing the safety and well-being of team members. The facility incorporates high-tech robots for reducing ergonomic stress and autonomous systems for efficient product movement.
Other Growth Measures
Tyson Foods, with its notable array of brands, maintains a dominant position in the majority of retail categories. The company's initiatives aimed at enhancing productivity, particularly through improvements in procurement, logistics and digital technologies, are showing positive results. Additionally, Tyson Foods is concentrating on expanding its reach into international markets as part of its strategic growth plan.
This Zacks Rank #1 (Strongly Buy) company has gained 18.8% in the past three months against the industry’s growth of 7.7%.
Three Other Solid Picks
Some other top-ranked stocks from the same sector are Flowers Foods (FLO - Free Report) , Ingredion Incorporated (INGR - Free Report) and The Coca-Cola Company (KO - Free Report) .
Flowers Foods emphasizes providing high-quality baked items, developing strong brands, making innovations to improve capabilities and undertaking prudent acquisitions. The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Flowers Foods’ current financial-year sales indicates growth of 5.9% from the 2022 reported figure. FLO has a trailing four-quarter average earnings surprise of 6.8%.
Ingredion serves diverse sectors in food, beverage, brewing, pharmaceuticals and other industries. INGR currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for Ingredion’s current financial-year earnings and sales indicates growth of 24.8% and 5%, respectively, from the 2022 reported figures. INGR has a trailing four-quarter average earnings surprise of 23.9%.
Coca-Cola is putting its best foot forward to evolve its business model to become a total beverage company with something for everyone to drink. The company currently has a Zacks Rank #2.
The Zacks Consensus Estimate for Coca-Cola’s current financial-year earnings and sales indicates growth of 8.1% and 5.7%, respectively, from the 2022 reported figures. KO has a trailing four-quarter average earnings surprise of 5.1%.