I thought that Tyson is owned by the Chinese?
8/1/2024 12:44am
Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas, that operates in the food industry. The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A. It does not have any significant ownership by the Chinese government or entities.
1. **Ownership Structure**: Tyson Foods is a publicly traded company on the New York Stock Exchange (NYSE) under the stock code TSN. The company's ownership is dispersed among various shareholders, with no single entity or government holding a controlling stake.
2. **Operations in China**: Tyson Foods has a presence in China, operating through a subsidiary. However, this does not constitute ownership by the Chinese government. The company has been investing in China since 2001 and has established a regional headquarters in Shanghai. It operates processing plants, research and development centers, and breeding farms in China, supplying various products, including chicken, beef, pork, and processed foods.