Increased Demand for Chicken Spurs Tyson Foods to Boost Production

Tyson Foods, Inc. (NYSE: TSN) has announced its intention to construct a $320 million poultry complex in eastern Kansas, in response to the growing consumer demand for chicken. The complex, which will include a processing plant, hatchery, and feed mill, will be located near Tonganoxie, in Leavenworth County. It is expected to employ around 1,600 people and will collaborate with farmers and ranchers in northeast Kansas for chicken rearing. The operation is set to start production in mid-2019, supplying pre-packaged trays of fresh chicken to retail grocery stores across the country. Tom Hayes, president and CEO of Tyson Foods, stated, “As one of the world’s leading protein companies, we are well-positioned to meet the increasing demand for fresh food. We believe this new operation, equipped with the latest production technology, will help us meet the sustained growth in consumer demand for fresh chicken.” The poultry plant will have the capacity to process 1.25 million birds per week, thereby increasing Tyson Foods’ overall production capacity. The new operation is expected to generate an annual economic benefit to the state of Kansas of $150 million, through payroll, payments to farmers, and purchases of grain and utilities. Governor Sam Brownback welcomed the development, stating, “Kansas will be an excellent location for this Tyson complex. Growing Kansas means we must grow the food and agriculture sector which accounts for nearly 45 percent of the state’s economy. This development will have a far-reaching impact on farmers, ranchers, agribusinesses, and communities throughout eastern Kansas. This is a step in the right direction to further diversify and grow our state’s economy.” Tyson Foods plans to purchase about 300 acres of property south of Tonganoxie and aims to break ground this fall. The company will collaborate with outside contractors to construct the plant, hatchery, feed mill, and related infrastructure, involving hundreds of workers in the construction project. Farmers and ranchers interested in raising chickens for the new poultry complex are encouraged to visit www.growwithtyson.com for more information. Tyson Foods currently operates facilities in six Kansas communities, employing about 5,700 in the state with an annual payroll of more than $210 million. In its 2016 fiscal year, Tyson Foods paid Kansas cattle suppliers more than $2 billion and hog suppliers more than $1.3 million. The company estimates its total statewide annual impact for fiscal 2016, including grain purchases, utilities, property taxes, and charitable contributions to be more than $2.4 billion. About Tyson Foods, Inc. 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 114,000 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 stewards of the animals, land and environment entrusted to it. Visit www.tysonfoods.com. Forward-looking Statements Certain information contained in the press release may constitute forward-looking statements, including but not limited to statements relating to expected (i) consumer demand for certain products that we produce, (ii) construction expense and production timeframes and capacities, and (iii) labor and grain availabilities. These forward-looking statements are subject to a number of factors and uncertainties which could cause our actual results and experiences to differ materially from the anticipated results and expectations expressed in such forward-looking statements. We wish to caution readers not to place undue reliance on any forward-looking statements, which speak only as of the date made. Among the factors that may cause actual results and experiences to differ from anticipated results and expectations expressed in such forward-looking statements those factors listed under Item 1A. “Risk Factors” included in our Annual Report filed on Form 10-K for the period ended October 1, 2016 and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. #### Media Contacts: Worth Sparkman, 479-290-6358, worth.sparkman@tyson.com