Tyson to Build $300M Case Ready Products Plant in Utah

May 13, 2019

3 Min Read
Tyson to Build $300M Case Ready Products Plant in Utah
Image courtesy of Tyson Foods

Tyson Foods Inc. subsidiary Tyson Fresh Meats recently revealed plans to erect a new, $300 million production plant in Utah by 2021, according to a release by the Utah Governor’s Office of Economic Development. The project will generate some 1200 jobs with three years of the facility’s opening and generate about $27 million in state tax revenue during the next decade. 

Operated by Tyson’s beef and pork business, the new facility will focus on case ready products. The site will process sections of cows and pigs into steaks, chops, roasts, and ground meat products. 

“We’re excited about building a new food plant in Utah and appreciate the state’s support and the exceptional people we’ve met,” Tyson Fresh Meats Senior Vice President and General Manager for Case Ready Meats Nate Hodne said in a statement. “We believe Utah is a great location because of the availability of labor and property and access to highways and rail. Once built, the new facility will help us meet growing demand for case ready meat in the western U.S.”

The state offered the company tax incentives for 500 of the 1200 jobs that are expected to be opened. Tyson is also eligible to receive up to 20% of the state taxes it pays over a 10-year term though a post-performance Economic Development Finance (EDIF) tax credit rebate. To obtain the rebate, Tyson must tee up with certain criteria set by the state. 

Tyson examined several sites in the Salt Lake City area and is currently in the process of working with local officials to secure one of the locations, according to the Utah Governor’s Office of Economic Development.

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