Tyson Foods is on target to complete its $90 million beef slaughter complex update in Dakota City, Neb., by this summer. The plant slaughter floor overhaul began in 2012 and is entering the final stages, according to company officials.
The plant is the largest in the world in terms of the meat it packs, according to a report from the Sioux City Journal.
Two years ago, the meat company warned that operations at its Denison, Neb., plant could cease after the Dakota City project was finished. But according to the report, Tyson officials recently told their 380 Denison workers that conditions had changed and there now are no plans to close the plant.
The company said falling feed prices for cattle and other plant closures by competitors are creating more opportunities for keeping the Denison plant in operation. Tyson said it expects to hire about 200 workers for the expanded Dakota City plant, that already has an annual payroll of $140 million and nearly 4,000 employees.