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Slide #79. Tyson Foods — Assets of Don Julio Foods
Tyson Foods (NYSE:TSN)
Assets of Don Julio Foods
Donnie Smith, president and CEO of Tyson Foods, Inc. (NYSE:TSN), today announced its subsidiary company, Tyson Mexican Original, Inc., has acquired the assets of Don Julio Foods of Clearfield, Utah. The deal is an example of the company's overall growth strategy. Don Julio, a maker of flour and corn tortillas, and salty snacks such as potato chips, tortilla chips and pretzels, sells products to retailers throughout the U.S. under the Don Julio Authentic and Clover Club brands.
Tyson Foods is a food company. Co.'s operations consist of breeding stock, contract farmers, feed production, processing, further-processing, marketing and transportation of chicken and related products, including animal and pet food ingredients. Through its wholly-owned subsidiary, Cobb-Vantress, Inc., Co. is engaged as poultry breeding stock suppliers. Co. also processes live fed cattle and hogs and fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, case-ready beef and pork and fully-cooked meats. Co. produces a range of fresh, frozen and refrigerated food products. Co. operates in Beef, Pork, Chicken and Prepared Foods segments.
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