It will also allow Tyson to cut cost as the prices of other commodities such as soybeans and corn rise. CEO Tom Hayes said that poultry rendering has a key role in growing the business and will help Tyson to deliver its sustainability goals as all unused animal parts will be recycled. Rendering also reduces carbon emissions and prevents animal parts being dumped in landfills.
The acquisition involves four rendering plants in Georgia and Alabama, and 13 blending facilities throughout southeastern and midwestern states. They will provide additional capacity to Tyson's current animal byproducts business.