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# Tyson Foods Introduces Innovations, Reinforcing its Evolution in the Food Industry
- URL: https://cibocom.ghost.io/tyson-foods-introduces-innovations-reinforcing-its-evolution-in-the-food-industry/
- Published: 2018-02-20T01:00:00.000Z
- Updated: 2026-10-08T14:51:22.000Z
- Author: Cibocom
- Tags: Tyson Foods, pork, beef, poultry

The company's strategic goal of sustainably providing the world with rapidly expanding protein brands is being powered by financial discipline and robust cash flows. BOCA RATON, Fla., Feb. 20, 2018 – Tyson Foods, Inc. (NYSE:TSN) President and CEO Tom Hayes announced today that Tyson Foods is well-equipped to cater to the increasing protein demand. At the 2018 Consumer Analyst Group of New York conference, Hayes and Tyson Foods’ leadership team informed investors that the company is successfully implementing its strategy and promoting growth across its protein portfolio – from Chicken, Beef and Pork divisions to Prepared Foods. “Tyson Foods is evolving from a company with a strong chicken legacy to a modern food company that is challenging the industry norms,” Hayes stated. “Today's consumers demand more from food companies, and we're ready to meet that challenge. We're merging our size and scale with agility to produce food that people want to eat. This is propelling our business and enabling us to provide top-tier returns for shareholders.” Robust operational cash flows, a wise capital allocation strategy and the financial flexibility to make strategic acquisitions place Tyson Foods in a position to achieve sustainable profitable growth. Notably, the company’s Prepared Foods division has experienced significant growth, with operating margins more than tripling over the past four years. To maintain the growth of Prepared Foods and promote growth across the entire business, Tyson Foods revealed the bold steps it’s taking in three crucial areas: Revamping its $1 billion brands Tyson Foods is innovating and building brands to keep its multiple billion-dollar brands that are already customer favorites up-to-date and relevant. • Jimmy Dean: Introducing Egg’wiches in May, a new range of frozen breakfast sandwiches without the bread, plus new egg white scrambles to build on the success of Jimmy Dean Simple Scrambles® Breakfast Cups, which were the best performing new single-serve breakfast item at retail last year. • Hillshire Farm: Introducing a range of premium carved all-natural meats for snacking, salads and wraps in the lunchmeat section this spring, along with a new master brand campaign built around the idea that when you enjoy food that’s crafted with care, you’re closer to the farm than you think. • Tyson: Introducing a new consumer brand identity that is simple and modern, yet still easily recognizable to consumers and grounded in the heritage of the company’s flagship brand. Building the iconic brands and businesses of tomorrow Tyson Foods is adopting a start-up mentality and moving faster than ever on new products and partnerships. • The company announced an exclusive partnership with Tajin – one of Mexico’s most authentic and recognized spice brands. Tyson Foods will leverage its protein expertise, culinary capability and brand building expertise with Tajin through a portfolio of new products including Tajin spiced meatballs, smoked sausage with mango and boneless chicken bites. Redefining the game with new growth models Tyson Foods is moving beyond traditional categories and challenging conventional ways of thinking and working in the consumer packaged goods space. • This year, the company is launching a new brand called Green Street, in-line with consumer demand for ready-to-eat meals. Its first foray will be protein-rich grab-and-go bowls that are 100% plant-based. • Tyson Foods is making strategic investments through Tyson Ventures, backing talented entrepreneurs who are pioneering breakthroughs in food and food-focused technologies. Its initial investments included Beyond Meat, Memphis Meats and Tovala. • The company launched its Tyson Innovation Lab, which is about exploring new approaches to accelerate the pace of innovation. The lab brings together a lean team of designers, chefs, scientists and supply chain experts in a dedicated space at the company’s Chicago office and gives them six months to go from an idea to an in-market solution. For the first product launch, they are finding opportunity in wasted food. Utilizing what goes unused in the food supply chain as ingredients, they are developing a line of protein snacks branded “YAPPAH”. For an audio replay of the presentation, visit Tyson’s Investor Relations website. 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 had 122,000 team members at September 30, 2017\. 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