Tyson Foods invested $70 million dollars on a New Hatchery

Tyson Foods announced this week that it will invest $70 million on a new hatchery in Hope to serve two of its poultry production complexes. Completion of the 131,000-square-foot hatchery in Hope is expected by late 2024. The new hatchery is expected to triple capacity and add to “operational efficiencies” at Tyson’s nearby processing operations in Hope and in Nashville. In 2022, Tyson invested $67 million in its Hempstead County operations, including a feed mill. Tyson Foods said the new hatchery will also provide contract opportunities for poultry farmers within a 30-to-50-mile radius of the complex. Tyson C.E.O. Donnie King said that the investment is another way to demonstrate the company’s long-term commitment to the Hope and Nashville communities. Current hatchery workers will provide the manpower for the new operation, plus new, additional hires are expected.