Tyson Foods 2004 Annual Report Download - page 15

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13
INTERNATIONAL
Powered by Tyson
Tyson Foods is expanding our international business
by diversifying our customer base through exports,
in-country presence and joint ventures. Today, about
half of our international sales are exported from U.S.-
based facilities. We sell our products in more than
80 countries, and including our sales offices, Tyson
has a presence in 20 countries.
Our Canadian subsidiary,
Lakeside Packers, is a leader in the Canadian beef indus-
try. Our Mexican subsidiary, Tyson de Mexico, is the
largest producer of value-added chicken for both the
retail and foodservice sectors in Mexico. Tyson Foods
has joint ventures in China and Canada, which produce a
range of value-added products as we get more involved
in selling and manufacturing our foods in other coun-
tries. Our newest joint venture in Canada is supplying
fully-cooked chicken products to the Canadian market.
We continue to look for in-country production,
either through joint ventures or direct ownership. By
prioritizing markets and targeting acquisitions of low
cost-of-entry joint ventures, Tyson Foods is positioned
for profitable international growth.