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TYSON FOODS TO OPEN MANUFACTURING OPERATION IN KENTUCKY TRANSPARK

REPRESENTS THE MOST JOBS AND LARGEST INVESTMENT BY A NEW COMPANY

Published Thursday, October 28, 2021

Bowling Green, KY., October 28, 2021 – Tyson Foods, one of the world’s leading protein companies, is expanding its operations into Bowling Green, Kentucky. The company is expected to build a 400,000 SF facility in the Kentucky Transpark for the production of its Jimmy Dean ® products and Wright ® Brand bacon, which is known for its hand-trimmed and thick-cut real wood smoked bacon. Tyson Foods also produces a wide variety of pork, chicken and beef products for customers worldwide.

Tyson Foods’ decision to begin operations in our community marks the largest attraction project in the history of Bowling Green and Warren County with the creation of 450 jobs and a capital investment of $355 million.

“We are excited to be a part of the Warren County and Kentucky communities that will help us continue to provide the iconic Wright Brand and Jimmy Dean products our consumers and customers desire,” said Noelle O’Mara, Group President, Prepared Foods for Tyson Foods. “As people actively look to add more protein to their diets, Tyson is uniquely positioned as a category leader to meet that growing demand.”

“Today, I am proud to announce one of the largest investments in Warren County’s history, and this is a community that has had no shortage of economic success in recent years,” said Governor Beshear. “Tyson Foods has a longstanding presence in the commonwealth, and its leaders’ vision for the future will make the company a great fit for Bowling Green and the surrounding region.”

“I'm excited to have Tyson Foods invest in our community and want to thank its leaders and our local and state economic development officials for working together to make this announcement possible,” Judge-Executive Mike Buchanon said. “An investment of this magnitude is a testament to their confidence in our community and we take that very seriously. This decision is further proof that our community has so much to offer businesses—from a diverse and highly trained workforce to a quality of life that is second to none. I'm looking forward to working with Tyson Foods to achieve even more exciting milestones in the future.”

“Job creation of this magnitude by Tyson Foods is an investment in the future of the people of Bowling Green,” said Mayor Todd Alcott. “Tyson Foods is a highly recognizable symbol in homes across the world, and we are excited to now call them a member of our community. We appreciate Tyson Foods’ investment in our community and the high-quality opportunities they will bring to our citizens.”

“TVA and Warren Rural Electric Cooperative Corporation congratulate Tyson Foods on its decision to establish operations and create hundreds of new jobs in Bowling Green. Helping to attract and retain job opportunities and investment to the region is fundamental to TVA’s mission of service and we are proud to partner with the Kentucky Cabinet for Economic Development and the Bowling Green Area Chamber of Commerce to help further that mission and support companies like Tyson Foods business success in the Valley” said John Bradley, TVA senior vice president of Economic Development.

“Warren RECC is excited to welcome Tyson Foods to the Kentucky Transpark. This project will have a substantial positive impact on our local economy, and we look forward to having them as a member” said Dewayne McDonald President & CEO WRECC.

“It was a pleasure to work with Tyson Foods officials and their consultants during their rigorous evaluation of our community,” said Bowling Green Area Chamber of Commerce President and CEO Ron Bunch, “This commitment to create a multitude of quality jobs through a major investment by Tyson Foods is absolutely amazing. Additionally, I am confident that Tyson will be an exceptional corporate citizen to our wonderful community. We look forward to this diversification of our economy and working with Tyson to grow here well into the future.”

The total anticipated economic impact of this expansion of Tyson Foods will exceed $2.7 billion over the next decade. Tyson Foods employees will contribute $334,007,284 in household spending over the next 10 years which includes spending $17,702,384 at local restaurants, spending $11,690,254 in property taxes, $27,722,602 on groceries, $54,512,653 on health services, and $4,212,000 on arts and entertainment. The spending generated by their employees also supports an additional 2,479 jobs in the community. 

Year to date, the Bowling Green Area Chamber of Commerce has closed 18 economic development projects in South Central Kentucky, totaling $838.1M in capital investment and generating 1,802 new jobs for 2021. Bowling Green was recently recognized by Livability as a “Top 100 Best Places to Live” in addition to being ranked as the second-best city in the United States for manufacturing by Global Trade Magazine. Additionally, Site Selection Magazine has awarded the Bowling Green Area Chamber of Commerce the prestigious Mac Conway Award placing it in the top twenty economic development organizations in the United States for performance in 2020.

 

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About Tyson Foods:
Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp®, and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the company has 139,000 team members. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit TYSONFOODS.COM to learn more.

About South Central Kentucky Economic Development:
South Central Kentucky Economic Development is an entity of the Bowling Green Area Chamber of Commerce, a nationally ranked 5-Star Accredited Chamber. Located at the center of a 34-state distribution area in the eastern United States, South Central Kentucky is a prime location for manufacturing and distribution facilities. South Central Kentucky is within a day’s drive of 60% of the nation's population, personal income, and manufacturing business establishments. Bowling Green ranks second in the United States for best manufacturing city. In the past decade, the region has captured over four billion in capital investment, creating thousands of jobs within the region. To learn more please visit https://www.southcentralky.com/