SPRINGDALE, Ark., Feb. 24 /PRNewswire-FirstCall/ -- FORTUNE magazine has
ranked Tyson Foods, Inc. (NYSE: TSN) as America's Most Admired Company in Food
Production. The honor is part of the magazine's 23rd Annual "Most Admired"
list.
To compile the list, the magazine asked 10,000 executives, directors and
securities analysts to rate companies in their industry on attributes such as
innovation, employee talent, financial soundness, quality of management, use
of corporate assets, social responsibility, long-term investment, and quality
of products/services. Tyson ranked number one in "food production" for the
second time in three years. The company also ranks in the top ten among all
"consumer products" companies listed by the magazine.
"We're gratified to once again be recognized for our work by others in the
industry," said John Tyson, chairman and chief executive officer of Tyson
Foods. "I'm proud of our Team Members and the progress we're making in our
efforts to produce more value-added chicken, beef and pork. I'm also pleased
that we've instituted a strong set of 'Core Values,' defining who we are as a
company, what we do and how we do it."
To qualify for the list, a company must rank among the FORTUNE 1,000 or
among the top 25 foreign companies in U.S. revenues. In all, 10,000 people
ranked 582 companies on eight attributes. The resulting list and related
stories appear in the magazine's March 7 issue.
"Corporate reputation is the product of alchemy -- a mixture of everything
from the way a company nurtures homegrown talent to how it manages its balance
sheet," says FORTUNE writer Abrahm Lustgarten. "Throw in one part customer
satisfaction, another part shareholder return, add a splash of community
citizenship -- and voila! -- you have a measure of that company's station in
the hierarchy of American business."
Tyson Foods, Inc. (NYSE: TSN), founded in 1935 with headquarters in
Springdale, Arkansas, is the world's largest processor and marketer of
chicken, beef, and pork and the second-largest food company in the Fortune
500. The company produces a wide variety of protein-based and prepared food
products, which are marketed under the "Powered by Tyson(TM)" strategy. Tyson
is the recognized market leader in the retail and foodservice markets it
serves, providing products and service to customers throughout the United
States and more than 80 countries. Tyson has approximately 114,000 Team
Members employed at more than 300 facilities and offices in the United States
and around the world.
SOURCE Tyson Foods, Inc.
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Related links:
http://www.tyson.com
CONTACT:
Gary Mickelson of Tyson Foods, Inc.,
+1-479-290-6111
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