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Tyson predicts record profits for 2016

Warehousing February 12, 2016

Source: http://www.foodengineeringmag.com

Citing a steep drop in feed and livestock costs, executives at Tyson Foods are predicting record profits in 2016. “Fiscal 2016 is off to a very strong start in what we expect to be another record year,” says Donnie Smith, president and CEO of Tyson Foods. “Solid execution across the entire team has resulted in record earnings, record operating income, record margins and record cash flows.”

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