Tyson Begins $48 Million Poultry Production Expansion as Chicken Demand Soars

The "chicken sandwich wars" that began in 2019 are showing signs of heating up again, and Tyson Foods (NYSE: TSN) is preparing to supply the combatants. It announced Thursday it was initiating a $48 million expansion of its Arkansas poultry processing facilities. "Demand for convenient, high-quality chicken products continues to grow and we're investing in projects that meet the needs of our customers," Tyson Poultry Group president Donnie King said in a statement.