Tyson Foods 2005 Annual Report Download - page 16

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Tyson Foods, Inc. >> 14
Tyson Foods’ strategy is to increase capacity to manufacture
cost-effective, value-added chicken, beef and pork products and
to deliver them to our customers as efficiently and safely as
possible. With 116 processing plants, finding innovative ways to
be efficient, improve yields and control costs are essential
elements of the company’s success.
In the past two years, Tyson maintained capacity and market share
while closing or consolidating seven operations. In fiscal 2005, we
spent $302 million on cost savings and income producing projects
expected to result in more than $84 million in annual savings. By
expanding, updating and streamlining our plants, we increased our
ability to produce value-added products. For example, Tyson is
the second largest marketer of bacon by volume in the United
States. We were able to increase sales by increasing capacity and
efficiencies. We consolidated operations and added three new
production lines for fully cooked bacon for both foodservice
and retail.
This year we dedicated production at four additional plants
exclusively to serve key customers. This allows us to operate
more efficiently while supporting our customers’ growth.
We continually look for ways to reuse resources, make the most
of by-products and find alternative fuel sources. We can capture
methane from waste lagoons to burn as fuel. We equipped a
plant to use fuel made from beef tallow rather than natural gas.
Even small changes can have a big impact on the bottom line
and on the environment.
Operational Efficiencies
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