Yonhap Infomax NewsNov 25
Tyson Foods will close its Nebraska beef plant and cut nearly 5,000 jobs as drought-driven supply shortages push U.S. beef inventories to historic lows, with the company forecasting continued losses into 2026.
#YonhapInfomax #TysonFoods #BeefSupply #PlantClosure #JobCuts #AdjustedLosses #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=92301
Tyson Foods to Close Nebraska Plant, Cut 5,000 Jobs Amid Beef Supply Shortage

Tyson Foods will close its Nebraska beef plant and cut nearly 5,000 jobs as drought-driven supply shortages push U.S. beef inventories to historic lows, with the company forecasting continued losses into 2026.

Yonhap Infomax
EdgeMar 7, 2023

Closures like this, in small towns, can be devastating. I hope Canton finds new industry or technology to move forward.

#WNC #Asheville #PlantClosure

https://www.citizen-times.com/story/news/local/2023/03/07/canton-paper-mill-closing-regional-crisis-affecting-wnc-asheville/69980793007/

Canton paper mill closing a 'regional crisis,' mayor says; Buncombe also affected

Closure of a mill that has served as center of Canton town life for 120 years will have consequences far beyond town borders, the mayor said.

The Asheville Citizen Times