Tyson to close poultry facilities in Virginia, Arkansas.
The Springdale, Arkansas-based company said it will work with its 692 employees in Glen Allen and its 969 employees in Van Buren to apply for open positions at other plants. its operations in recent months. Last October, the company announced it would relocate 1,000 corporate staff from offices in Illinois and South Dakota to Arkansas.
Tyson said operating inefficiencies were partly to blame for its lower-than-expected profit in its fiscal first quarter, which ended Dec. 31. The company said its operating income dropped 68% to $467 million in the period.
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