Tyson Foods 2011 Annual Report Download - page 12

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12
all or substantially all of our assets and other corporate transactions. This concentration of ownership may also delay or prevent a
change in control otherwise favored by our other stockholders and could depress our stock price. Additionally, as a result of the Tyson
family’s significant ownership of our outstanding voting stock, we rely on the “controlled company” exemption from certain corporate
governance requirements of the New York Stock Exchange.
ITEM 1B. UNRESOLVED STAFF COMMENTS
None
ITEM 2. PROPERTIES
We have production and distribution operations in the following states: Alabama, Arkansas, Georgia, Illinois, Indiana, Iowa, Kansas,
Kentucky, Louisiana, Mississippi, Missouri, Nebraska, New Mexico, New York, North Carolina, Oklahoma, Pennsylvania, South
Carolina, Tennessee, Texas, Virginia, Washington and Wisconsin. We also have sales offices throughout the United States.
Additionally, we, either directly or through our subsidiaries, have sales offices, facilities or participate in joint venture operations in
Argentina, Brazil, China, the Dominican Republic, Hong Kong, India, Ireland, Japan, Mexico, the Netherlands, Peru, the Philippines,
Russia, South Korea, Spain, Sri Lanka, Taiwan, Thailand, the United Arab Emirates, the United Kingdom and Venezuela.
Number of Facilities
Owned
Leased
Total
Chicken Segment:
Processing plants
60
1
61
Rendering plants
15
-
15
Blending mills
2
-
2
Feed mills
41
2
43
Broiler hatcheries
62
10
72
Breeder houses
508
783
1,291
Broiler farm houses
809
926
1,735
Beef Segment Production Facilities
12
-
12
Pork Segment Production Facilities
9
-
9
Prepared Foods Segment Processing Plants
22
1
23
Distribution Centers
11
5
16
Cold Storage Facilities
65
12
77
Capacity(1)
Fiscal 2011
per week at
Average Capacity
October 1, 2011
Utilization
Chicken Processing Plants
46 million head
92%
Beef Production Facilities
175,000 head
81%
Pork Production Facilities
448,000 head
89%
Prepared Foods Processing Plants
45 million pounds
85%
(1) Capacity based on a five day week for Chicken and Prepared Foods, while Beef and Pork are based on a six day week.
Chicken: Chicken processing plants include various phases of slaughtering, dressing, cutting, packaging, deboning and further-
processing. We also have 17 pet food operations, which are part of the Chicken processing plants. The blending mills, feed mills and
broiler hatcheries have sufficient capacity to meet the needs of the chicken growout operations.
Beef: Beef plants include various phases of slaughtering live cattle and fabricating beef products. Some also treat and tan hides. The
Beef segment includes three case-ready operations that share facilities with the Pork segment. One of the beef facilities contains a
tallow refinery. Carcass facilities reduce live cattle to dressed carcass form. Processing facilities conduct fabricating operations to
produce boxed beef and allied products.
Pork: Pork plants include various phases of slaughtering live hogs and fabricating pork products and allied products. The Pork
segment includes three case-ready operations that share facilities with the Beef segment.
Prepared Foods: Prepared Foods plants process fresh and frozen chicken, beef, pork and other raw materials into pizza toppings,
branded and processed meats, appetizers, prepared meals, ethnic foods, soups, sauces, side dishes, pizza crusts, flour and corn tortilla
products and meat dishes.
Our Dynamic Fuels joint venture produces renewable synthetic fuels targeting the renewable diesel and jet fuel markets. Construction
of production facilities was completed in late fiscal 2010, and initial production began in October 2010. Dynamic Fuels operates one
plant with designed annual capacity of 75 million gallons.