Tyson Foods 2003 Annual Report Download - page 19

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Tyson Foods, Inc. 17
production platforms when economically advantageous
while also looking for opportunities to build or acquire
facilities in key regions to better serve an expanding
customer base.
Joint Ventures Through a variety of joint ventures,
Tyson Foods is able to produce value-added products
in other countries. This offers the dual advantage of
entering emerging markets in a cost effective manner
while enjoying the benefit of local partners. Tyson has
three joint venture operations in China that produce
either value-added chicken or pork products for both
Chinese consumers and for export to other countries.
Tyson also has a joint venture facility in Panama
producing value-added chicken for the Central American
marketplace and a joint venture facility in Russia pro-
ducing sausage and processed meats for the Russian
marketplace. Through a new joint venture arrangement,
Tyson Foods will have a value-added chicken facility in
Canada that will begin operating in late 2004.
Tyson’s Mexican subsidiary, Tyson de Mexico, is the
largest producer of value-added chicken for both retail
and foodservice in Mexico.
The Company’s Canadian subsidiary, Lakeside Farm
Industries, produces boxed beef and has cattle feeding
facilities.
Beef Chuck Finger
Noodle Soup
(Taiwan)
Stew with Luncheon
Meat and Corn King
Hot Dogs (Korea)