Statistics show that the world population is expected to reach 9.2 billion by 2050. With a drastic increase in inhabitants on Earth, demand for food will also significantly increase. Thus, agriculture is on the forefront to fulfill this need. Tyson Foods is already on the Fortune 500 as the second largest food manufacturing corporation and is also on the S&P 500. This company produces and packages a large selection of beef, poultry, and pork products that provide convenience to its consumers. These products are then sold to food retailers throughout the United States and in over 90 countries around the world. While producing and packaging food ties into making a profit, Tyson Foods takes large strides to insure its consumers of its quality food products. The company’s Food Wise program educates its consumers on how to prepare food properly, establishes labeling and tracking systems, and helps to sponsor the National Restaurant Association Educational Foundation and the Food Marketing Institute Foundation. Furthermore, Tyson extends itself through humanitarian efforts to help with hunger and disaster relief. Since 2000, the company has donated over 50 million pounds of its products to help those in need. Moreover, Tyson promotes environmental stewardship by implementing an environmental management system to all of its domestic processing plants, encouraging natural farming techniques, presenting awards to the beef, pork, and poultry producers who have exhibited outstanding environmental conservation, and acting on water and greenhouse gas concerns.
History of the Company
Tyson Foods was founded in 1935 and is headquartered in Springdale, Arkansas. In the early 1930’s John Tyson hauled his first load of chickens to Chicago and sold them for a profit of $235. Tyson foods was already starting to vertically integrate in the late 1930’s when John Tyson bought a hatchery and built a feed mill. In 1947, Tyson became a corporate...