SPRINGDALE, Ark., Aug. 5 /PRNewswire-FirstCall/ -- Tyson Foods, Inc.
(NYSE: TSN) confirmed today that it will be added to the S&P 500 upon
completion of the Unocal acquisition by Chevron. Tyson was notified of the
change by Standard & Poor's yesterday.
John Tyson, chairman and CEO, said, "We are pleased to be added to the S&P
500. Tyson has come a long way since it was first included in the S&P MidCap
400. We've grown from being a leading chicken producer to the world's leading
producer and marketer of chicken, beef and pork. As such, we believe we are a
strong representative for the protein industry in the Packaged Foods & Meats
category."
The S&P 500 is an index of 500 stocks chosen by Standard & Poor's for
their market size, liquidity and industry group representation. It is
considered a benchmark of performance of the overall market. Standard &
Poor's selects the 500 stocks, which represent leading companies in leading
industries.
Tyson Foods, Inc., 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:
media, Gary Mickelson, +1-479-290-6111, or
investors, Louis Gottsponer, +1-479-290-4826, both of Tyson
Foods, Inc.
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